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Vitalik Buterin Sold His Ether for Fiat
Summary: Ethereum (ETH) creator Vitalik Buterin acknowledged that he both sold and donated away his Ether holdings for fiat when the price was $700. Buterin also said that he had not bought any Bitcoin (BTC) since before 2017. He mentioned that under his advice, the Ethereum Foundation had also sold its holdings close to the asset’s all-time-high ...
Ethereum (ETH) creator Vitalik Buterin acknowledged that he both sold and donated away his Ether holdings for fiat when the price was $700. Buterin also said that he had not bought any Bitcoin (BTC) since before 2017.
He mentioned that under his advice, the Ethereum Foundation had also sold its holdings close to the asset’s all-time-high of $1,200.
Recently, the Ethereum co-founder has come under scrutiny from some members of the Blockchain community. In one instance, Hashcash creator and Bitcoin maximalist, Adam Back, even called Ethereum a ponzi scheme.
By Amy Liu
