Vitalik Buterin is once again gaining attention for his comments regarding Ethereum’s native assets. $ETH.
In response to crypto analyst Ryan Sean Adams’ statement, “The last thing I want to hear from Vitalik is… $ETH is a store of value and one of the most important applications on Ethereum,” Buterin reiterated.$ETH is a store of value and one of the most important applications on Ethereum. ”
Buterin’s statement comes at a time when discussions about the future of the Ethereum ecosystem are ongoing and asset values have declined significantly. The question of whether $ETH It is frequently raised by investors as either simply a network gas token or as a long-term “store of value”.
In a separate statement last week, Buterin announced that he would allocate $44.7 million from his personal funds to the Ethereum Foundation to prepare for “a period of moderate austerity.” The transfer was carried out by moving funds from one of Buterin’s Gnosis wallets to another.
*This is not investment advice.
