The cryptocurrency crash claimed many lives among investors. Ethereum boss Vitalik Buterin is one. In a tweet published Friday, the latter admitted that he is no longer a billionaire at all.
Ethereum co-founder earned his billions
Last Friday, Vitalik Buterin, co – founder of Ethereum tweeted claiming that he is no longer a cryptocurrency billionaire.
Translation of the tweet:
” What happened when ‘talking directly to people’ was a virtue? (In fact, I especially understand that Elon and Jeff really respond to people, and do not shout at their own things). »
He then said:
” […] I am no longer a billionaire. »
These messages contained replies to the Neoliberal post stating:
” People have recently tried to psychoanalyze tweets from Elon Musk and Jeff Bezos. What does that mean? Are they healthy? It’s not that difficult. People like posting. Billionaires too. Showing is a great thing and people love to do it, especially when they get a lot of height. »
As a reminder, Ether was devalued to -59% in the context of the cryptocurrency market crash. Say the blockchain native token created in 2014 had an ATH of about $ 4,800 in November 2021. And its market capitalization has already reached $ 376 billion.
Vitalik, with support from the crypto community
Supporting Buterin, sassal.eth said:
” I will wake up bearish so that ETH will rise and you can be a billionaire again. I understand you Vitalik, don’t worry. »
In fact, Vitalik Buterin continued to respond to people saying this:
” You will finally make a mistake in your beliefs, and (especially if you are in politics, but also in other fields) correcting that mistake means acknowledging that a previous version of yourself placed a negative value on the world. »
However, he insisted on the believers compromise between open-minded “and” passion “. And reassured that he will not throw in the towel, he did not fail to openly support his blockchain.
” Note to trolls: no, ethereum was not a mistake. »
The real ones would accept a bearish market
Billionaire at 28, Vitalik is not afraid of falling cryptocurrency prices. For him, anyone who is heavily involved in this type of investment would accept a bear market.
Incidentally, Cameron Winklevoss, a crypto and bitcoin investor, shares this view. Her tweet on May 12 confirms this position:
” These are the days that remind me of when Bitcoin was below $ 100. It’s perspective and HODLing for long – term fun. »
And if you’ve been following the recent news on Cointribune, you know that TerraUSD and LUNA have suffered an incredible crash. As of May 9, the blockchain and its coins have lost the equivalent of $ 40 billion in the market in just a few days. Which made many unhappy and enraged.
How do pegged stables go with the dollar suddenly for 6 cents? Now we have to say ” unstable “.
It should also be noted that Vitalik Buterin Ether is the largest cryptocurrency in terms of capitalization. She follows closely the King »Bitcoin. Unfortunately, the crypto crisis did not overcome ETH and BTC. The king of cryptocurrencies, for example, has lost half its value in the last 6 months: from $ 69,000 to about $ 30,000.
Burning Buterin to SHIBs
Russian Canadian programmer Vitalik Buterin is among the high-profile victims of the cryptocurrency market crash. His previous interest in Ethereum was $ 1.5 billion.
It should also be noted that Vitalik Buterin is a proven philanthropist. Did he not send SHIB and other cryptocurrencies to several charities during the Covid-19 crisis? And since he made no secret of his support for Ukraine, he donated 5 million dollars in ETH to this country, the victim of the Russian invasion. Fine contrast, you say to yourself, but people first come to Vitalik, the protector of small investors.
Recently, he expressed his desire to bring Ethereum level closer to Bitcoin, without neglecting the way to go.
If a billionaire like Ethereum co – founder lost a lot, what about the less fortunate ones? However, Winklevoss’s statement is positive: rely on HODLing, because everything plays out in the long run. What slightly lowered the level of anxiety of investors and the dissatisfaction of those who do not even invest.
Source: Business Insider; Bizinga
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The blockchain and crypto revolution is underway! And on the day when the impacts on the most fragile economy in this World are felt, against all odds, I will say that I was involved.