do correct me if i am wrong but doesn't vitalik live in a more lowkey way? in a sense that he doesn't really flaunt his wealth and is not living excessively he doesn't even accept the coins he receives from adoring fans and enthusiastic developers i am assuming and instead he puts it into charity or donates it so even though he did not disappear like satoshi he remains unique in his own way as he does not seem to be greedy of money
For sure, he is not just a genius but also a billionaire and will continue to be a dominating influencer of the cryptocurrency market for many years to come as the man is still young and is here to stay (unlike maybe Satoshi Nakamoto).
Vitalik is the great symbol of the power of the cryptocurrency market in creating wealth and financial windfall and he should be a great inspiration of the young generation to also stake their time and presence in this expanding industry.the new generation has grown interested in technology and finance sectors because they have seen the growth of the industry and the potential it has for one's career and livelihood(https://imagedelivery.net/4-5JC1r3VHAXpnrwWHBHRQ/03411186-dbfe-42e8-18a0-b3c5192d1500/w=880,h=495,fit=cover)
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For sure, he is not just a genius but also a billionaire and will continue to be a dominating influencer of the cryptocurrency market for many years to come as the man is still young and is here to stay (unlike maybe Satoshi Nakamoto).
Vitalik is the great symbol of the power of the cryptocurrency market in creating wealth and financial windfall and he should be a great inspiration of the young generation to also stake their time and presence in this expanding industry.
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For sure, he is not just a genius but also a billionaire and will continue to be a dominating influencer of the cryptocurrency market for many years to come as the man is still young and is here to stay (unlike maybe Satoshi Nakamoto).
Vitalik is the great symbol of the power of the cryptocurrency market in creating wealth and financial windfall and he should be a great inspiration of the young generation to also stake their time and presence in this expanding industry.
Maybe for some he is an inspiration and someone considers him an important figure - I personally do not have that opinion considering that he and his project from which he obviously got rich will never be at the level where BTC is. This consequently means that he and Satoshi share almost no points of contact except that they both invented something, with the fact that ETH is a kind of solid copy that has somewhat become competitive with BTC only for the reason that it has more than x6 times the max supply which is still undefined.
The move to PoS was a bad move, as reflected in the price, which is still about 25% lower than the ATH three years ago.
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I also think moving to PoS was a mistake as we have seen, but there is no going back.
Don't you consider smart contracts revolutionary? I mean after Ethereum's arrival we got — defi, dexes, gamefi, nfts,etc.
But even as crypto has soared in value and volume, Buterin has watched the world he created evolve with a mixture of pride and dread. Ethereum has made a handful of white men unfathomably rich, pumped pollutants into the air, and emerged as a vehicle for tax evasion, money laundering, and mind-boggling scams. “Crypto itself has a lot of dystopian potential if implemented wrong,” the Russian-born Canadian explains the morning after the party in an 80-minute interview in his hotel room.
Buterin worries about the dangers to overeager investors, the soaring transaction fees, and the shameless displays of wealth that have come to dominate public perception of crypto. “The peril is you have these $3 million monkeys and it becomes a different kind of gambling,” he says, referring to the Bored Ape Yacht Club, an überpopular NFT collection of garish primate cartoons that has become a digital-age status symbol for millionaires including Jimmy Fallon and Paris Hilton, and which have traded for more than $1 million a pop. “There definitely are lots of people that are just buying yachts and Lambos.”
ETH will make new ATH soon enough.
Don't you consider smart contracts revolutionary? I mean after Ethereum's arrival we got — defi, dexes, gamefi, nfts,etc.There is no doubt that some people became rich because they took advantage of everything you mention - but how many scams actually came out of all that and how much sense and benefit does it all have? Even VB has some doubts when talking about it.
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Bitcoin back in the day was used for wrong things, do you consider BTC to be problem then?
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Bitcoin back in the day was used for wrong things, do you consider BTC to be problem then?
BTC is still something used by good and bad people, I don't think there's any difference between what was happening 10+ years ago and what's happening today. But I would never put BTC or DeFi/NTFs and similar things in the same basket, through which countless scams have occurred over the years.
Protocols full of security holes through which billions of $ were extracted, and NTFs that were worth millions, but today are worth almost nothing.
I am convinced that those $850 million are actually many more. Money aside, Buterin has always struck me as one of the most "normal" people in the cryptocurrency industry. He has never been publicly rude, nor has he believed himself to be a superior being, as we have seen, for example, in specimens like Craig Wright. That's why I think Buterin has always known how to stay at the top in a more humble way. I also think moving to PoS was a mistake as we have seen, but there is no going back.From the media coverage, VB is indeed a good person, he even donated $1 million of his money in the form of ETH to Coin Center...some news always tends to be positive, and for his personal life, we don't really know, and we don't need to know more... because everyone has their privacy... that's why, until now I also think that VB is a good person...
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VB does not think so at all, because his strongest argument for switching to PoS is the long-term stability of ETH compared to BTC, which he believes will have big problems in the future due to the decreasing rewards for miners (halvings). He talks about how BTC's security will be compromised in the long term, but he clearly doesn't take into account how much BTC would lose in terms of decentralization if it abandoned PoW.
I don't know if it's technically possible for ETH to return to PoW, but as we can see, it all depends on one man who has no doubt that he made the right move.
Ethereum co-founder Vitalik Buterin has an estimated net worth of more than $850 million (https://coincodex.com/article/22825/vitalik-buterin-net-worth/), which takes into account one of his publicly known crypto wallets. However, Vitalik Buterin’s net worth could be much higher, as his investments and other crypto holdings are not publicly known.Vitalik according to wikipedia is 30 years old and Pavel ceo of Telegram is also 34 years old both are young and are billionaires. Power of early investments and early mindset of making money can be seen from these two models Pavel worked on his physical appearance too but Vitalik did not he still looks too informal.
For sure, he is not just a genius but also a billionaire and will continue to be a dominating influencer of the cryptocurrency market for many years to come as the man is still young and is here to stay (unlike maybe Satoshi Nakamoto).
Vitalik is the great symbol of the power of the cryptocurrency market in creating wealth and financial windfall and he should be a great inspiration of the young generation to also stake their time and presence in this expanding industry.
do correct me if i am wrong but doesn't vitalik live in a more lowkey way? in a sense that he doesn't really flaunt his wealth and is not living excessively he doesn't even accept the coins he receives from adoring fans and enthusiastic developers i am assuming and instead he puts it into charity or donates it so even though he did not disappear like satoshi he remains unique in his own way as he does not seem to be greedy of money