Millionaire Vitalik Buterin Criticizes Cryptocurrency Millionaires

Ethereum (ETH) creator Vitalik Buterin criticized the “ostentatious” of cryptocurrency millionaires. Although he is also part of the crypto millionaire group, Buterin pointed out that there are “right” ways to spend money.

“There are far more honorable ways to burn $50 million than buying a superyacht,” he said.

Furthermore, with that phrase, he encouraged his followers to donate to various public projects through Gitcoin donations. Buterin said he wants to make the world more like Dath Ilan, a fictional world created by writer Eliezer Yudkowsky.

In fiction, society is more advanced in terms of public policy, education and progress than it is today. All this without having more technology than the world today, he said.

“It’s a utopia where the rich don’t waste their money on worthless crap. They use the money to support public goods,” she said.

For the developer, today’s society should be like this.

“Trying to execute visions like that, not just repeating the unimaginative crap of the 20th century,” he points out.

Furthermore, the co-creator of Ethereum goes so far as to say that, in his opinion, the rich donors should be glorified.

“All Gitcoin pool donors deserve beautiful and large statues in the metaverse to honor their contributions,” he points out.

‘Pastor’ Vitalik Buterin

This is not the first time that Vitalik Buterin has communicated his support for projects that aim to improve the internet we use today.

According to official data, $64.8 million has been distributed to more than 2,800 projects created on Gitcoin. In addition, the project has 312,000 active developers.

The platform has a section that offers work and teaching material for programmers. There is also a network space and a decentralized autonomous organization (DAO) for protocol governance.

In addition to Gitcoin, there are also other projects in ETH that have had the endorsement of Vitalik Buterin.

One of his favorites is the UBI, a universal basic income token. It is offered to anyone who validates their identity in the protocol that uses a “Proof of Humanity”.

Read also: Chinese newspaper claims that Three Arrows Capital sought loan from Binance

Also Read: Cryptocurrency Platform Uphold Leaves Venezuela Due to US Sanctions

Also Read: Ledger Launches NFT Market and Services Platform for Businesses

Similar Posts

Leave a Reply

Your email address will not be published.

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