Vitalik: Net Worth of The Genius & Billionaire

[TomPluz]

Ethereum co-founder Vitalik Buterin has an estimated net worth of more than $850 million, 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.

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.

[Mia Chloe]

Definitely I'm not very surprised that the co founder of Ethereum would have a stack of cash especially in crypto. The fact is he should definitely have some large Ethereum reserves else it would be safe to say he actually doesn't support the network because one of the first step towards a successful network is the aim of its developers and their enthusiasm towards taking it to the next level.

Anyways I really don't fancy talking about the stack of others because definitely he will have some private investments that the government isn't aware of. Whales have a huge impact on the network of every crypto currency and he should be one of them in the case of Ethereum for sure.

[bitterguy28]

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).

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

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

[Lucius]

~snip~
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.

[Freemind]

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.

[libert19]

~snip~
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.

Don't you consider smart contracts revolutionary? I mean after Ethereum's arrival we got — defi, dexes, gamefi, nfts,etc.

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.

ETH will make new ATH soon enough.

[Lucius]

~snip~
I also think moving to PoS was a mistake as we have seen, but there is no going back.

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.

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.

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.

It will probably happen, but I didn't even think that it wouldn't - in fact, it has been lagging behind the price of BTC for years, of course if we take the last ATH as a reference point. If the main alt doesn't follow BTC despite everything positive, I guess it's logical to conclude that the community support is not the same as it was 3-4 years ago.

[libert19]

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.

I mean they are still useful, no? Look at case of exchanges — every CEX require kyc these days, but you can use dexes without any kyc and without any official token listings either.

Regarding scams, every thing that appears tend to have two sides, it depends on how people use it. Often who get scammed tend to unaware of dos-don't so they get scammed.

Bitcoin back in the day was used for wrong things, do you consider BTC to be problem then?

[Lucius]

~snip~
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.

[libert19]

~snip~
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 was talking more in terms of giving platform to build upon which Ethereum did. If protocol gets drained the fault lies in protocol's code, not in chain itself. Regarding NFTs, people speculating on things made on it is not chain's fault either, how can it be?

[bayu7adi]

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...

I think he is ready to get married, but until now there has been no official news about his life partner... his finances are already good, even the money he has can be used to live for his entire family without working and focusing on the days that are fun for him.

The transition from PoW to PoS seems to bring a lot of consideration, but the decision has been made, and we just need to adjust to deal with the change.

[Freemind]

~snip~
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.

Advancing the (supposed) facts has always seemed like a mistake to me, which is why I think Buterin was wrong to say those things about Bitcoin, but it is his opinion, and it is respectable like all the others, I think. As for the possibility of Ethereum returning to PoW, I suppose that just as it went from PoW to PoS, it could return from PoS to PoW, but doing so would cause Buterin to have to assume he was wrong about too many things. And I don't think that will ever happen.

Furthermore, returning to PoW would create a serious problem in the community, many miners would become enraged and the price of Ethereum could collapse.

[ZAINmalik75]

Ethereum co-founder Vitalik Buterin has an estimated net worth of more than $850 million, 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.

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.

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.

ETH has broken its 4000 resistance and now will approach it previous ATH to set a new one. I think ETH can make 15k maximum ATH in this bull run but to do that volume is not coming into it I am waiting for that volume.

[TomPluz]

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

You are right. The wealth and power that Vitalik Buterin has are not being flaunted for the whole world to see and in fact he can be a good model for other young entrepreneurs and crypto-lovers too. One can be so successful and be influential and yet still live a very simple life...maybe we should assume that it is the way he is defining his happiness and contentment. He is not just a mathematical genius but also a role model for the whole world to follow and learn from...and he is charitable too.