Altcoins

Ethereum Co-Founder Vitalik Buterin Takes to Twitter to Express Annoyance With the Media

Vitalik Buterin has been rather active over his Twitter account over the past 24 hours to clarify the statements he made in a recent interview

Many media outlets and Twitter users came to suggest that Vitalik did not believe in future growth for cryptos. In response, he posted a string of Tweets yesterday, showing much of his displease at the misguided nature in which social media took his comments. He tweeted:

Many had taken a misguided notion over Buterin’s comments regarding crypto growth, which made him clarify his stance that in the interview, he mentioned 1000x price growth instead of overall growth for the crypto space. He further shared that greater advancement in the crypto eco-system will now come from actual usage. He said:

Buterin also took a sly dig at Tron Foundation founder, Justin Suntron, who has previously claimed that the TRX is better than ETH. The two have had earlier confrontation over Twitter and are often seen involved in making thinly veiled jibes against each other.

Vitalik Buterin made comments in that interview, where he said turning a few bucks into a million dollars worth of cryptocurrency are now over, pointing towards greater maturity that the market has seen which makes it rather difficult to see sky rocketing prices as that of 2017.

In the very interview, he suggested that blockchain technology is now at a point where it can see the roof and soon enough, there might not be much more room for advancement and attention in the space. He said:

The blockchain space is getting to the point where there’s a ceiling in sight. If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.

Show More

Razi Khan

Researcher, Electrical Engineer and a teacher, Razi is one who takes great intrigue in the prospects of blockchain and cryptocurrencies (BTC in particular) while contributing a critical approach over the subject regularly. Email: razi@blockpublisher.com or contact the editor at editor.news@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.