3min snip

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Vitalik: Ethereum, Part 2

Naval

NOTE

**Fear, not greed, is the primary motivator for bad actors. **

People are morally worst out of fear, not greed./nFear drives many political and societal actions and justifies horrible things./nThe Bitcoin and Ethereum communities exhibited unethical behavior during certain crises./nThe fear of losing principles led to controversial decisions and actions in Ethereum./nThe situation involving Ethereum's principles worked out well in the end.

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