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Vitalik Supports Ethereum Asset Reserve Company, But Warns Against Over-Leveraging
Summary: During an interview on the Bankless podcast, Ethereum co-founder Vitalik Buterin expressed support for the 'Ethereum Asset Reserve Company' while issuing a risk warning. He noted that publicly traded companies purchasing and holding Ethereum can expose more investors to the token, providing different financial options by investing in the Ethereum Asset Reserve Company instead of ...
During an interview on the Bankless podcast, Ethereum co-founder Vitalik Buterin expressed support for the 'Ethereum Asset Reserve Company' while issuing a risk warning. He noted that publicly traded companies purchasing and holding Ethereum can expose more investors to the token, providing different financial options by investing in the Ethereum Asset Reserve Company instead of holding directly. However, Buterin cautioned against Ethereum becoming over-leveraged in the future. He expressed concern that a price drop could trigger forced liquidations, leading to further price declines and damaging reputation. Nevertheless, he believes that Ethereum investors have enough self-discipline to avoid such a collapse.
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Link: Vitalik Supports Ethereum Asset Reserve Company, But Warns Against Over-Leveraging [Copy]
