Ethereum’s Vitalik Buterin Gives Advice on Navigating Crypto Winter

Alex Dovbnya

Ethereum’s Vitalik Buterin Recommends Investing in “Easier Stuff” During Current Bear Market

During recent maintenance Along with The Straits Times editor-in-chief Sumiko Tan, Ethereum co-founder Vitalik Buterin advised cryptocurrency market participants to invest in “simpler stuff.”

The Canadian programmer urged cryptocurrency investors not to trust “individual hotshots”.

Buterin claims that he does not follow Ether's price very closely. He adds that he doesn’t speculate in crypto since he prefers to “buy and hold things.”

Speaking about the cryptocurrency scene in Singapore, Buterin says it’s certainly true “to some extent” that the local cryptocurrency space hasn’t sent its best, referring to the co-founder in disgrace of Terra, Do Kwon.

When asked whether or not Buterine is concerned about the potential use of Ethereum for nefarious purposes, the Canadian programmer replied that there have been several decentralized finance (Defi) hacks. At the same time, he praised the Ethereum community for its ability to support good things and oppose bad things.

One of Buterin’s main issues with the Bitcoin community is that its members “automatically” like anyone who is rich and powerful and who supports the Bitcoin community. He recalled that many Bitcoiners started flattering Salvadoran dictator Nayib Bukele simply because of his government. crypto stuff.

Buterin hasn’t grown used to being so praised within the cryptocurrency community while adding that he doesn’t always get descriptions of him:

“I think everyone is projecting parts of themselves onto me. And it’s weird. Sometimes I can see a description of myself, and I just can’t relate to it.