The co-creator of Ethereum, Vitalik Buterin, is somewhat known for his strong opinions on matters related to and unrelated to cryptocurrencies.
Recently, he was featured in an interview with TIME Magazine, in which the entire crypto world was buzzing.
Vitalik Buterin on the BAYC promotion
Those who have been following the crypto space for more than a few months should surely know that non-fungible tokens (NFTs) are currently all the rage. More specifically, there is one project that has been unable to make major headlines – Bored Ape Yacht Club.
Buterin, however, doesn’t really appreciate what’s going on, especially with regards to the prices of the aforementioned bored app NFTs.
The danger is that you have these $3 million monkeys and it becomes a different kind of gamble. – He said that Time magazine noted that he was talking about BAYC.
To this day, Bored Ape Yacht Club remains the most popular collection in every way – volume, overall market capitalization, lowest price and popularity.
The hype around BAYC skyrocketed last week when Era Labs – the company behind the collection – launched the long-awaited APE coin. It is the cryptocurrency that underpins the entire BAYC ecosystem, and it made headlines as it was circulated to holders of BAYC-related NFTs, who received hundreds of thousands of dollars to keep their bored apes.
flip side
No, this isn’t a sentence related to BAYC’s “The Otherside” Metaverse teaser. Buterin also talked about the situation between Russia and Ukraine, as he has done several times over the past month. In fact, he has become one of Ukraine’s most vocal supporters, declaring that he would not maintain neutrality in such conflict.
Speaking to TIME he said:
A silver lining of the situation over the past three weeks is that it has reminded a lot of people in the crypto space that ultimately the goal of crypto isn’t to play games with million-dollar pictures of monkeys, it’s to do things that are meaningful. Gain impact in the real world.
He wants to change about himself as he reflects on things going forward in the year, saying he expects to be “more risk-taking and less neutral”.
I would like Ethereum to offend some people rather than turn it into something that doesn’t make sense.
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