I Have No Opinion on the Future of Cryptocurrencies! , Buterin Said
What is the future of cryptocurrencies?- In a recent interview with Straits Times editor Sumiko Tan, Ethereum co-founder Vitalik Buterin advised cryptocurrency market participants to invest in simple things. Canadian programmer urges cryptocurrency investors not to rely on individual hotshots. Buterin claims that he does not follow the price of Ether very closely. He adds that he does not speculate on crypto since he prefers to buy and hold things.
Speaking of the crypto scene in Singapore, Buterin said that it is certainly true “to an extent” that the local crypto space hasn’t been performing at its best, referring to Terra’s disgraced co-founder , Do Kwon. When asked if Buterin was concerned that Ethereum could potentially be used for nefarious purposes, the Canadian programmer replied that there had been several DeFi (Decentralized Finance) hacks. One of Buterin’s main problems with the Bitcoin community is that its members “automatically” love all the rich and powerful people who support the Bitcoin community. He recalled that plenty of Bitcoiners started fawning over El Salvadoran dictator Nayib Bukele simply because of his government’s crypto gimmick.
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