Crypto investors need to grow up and stop flaunting, says Ethereum founder

Ethereum founder Vitalik Buterin says cryptocurrency investors who are flaunting their crypto wealth online are missing the point of how the technology can change the society.

He said on Twitter that it is immature for them to behave this way. Thus, the community should move away from the shows.

“If all that we accomplish is Lambo memes and immature puns about ‘sharting’. I WILL leave”. He posted in a Twitter rant on Wednesday.

He said he still hoped that the community could move in the right direction.

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Buterin tweeted,

“*All* crypto communities, Ethereum included, should heed these words of warning. Need to differentiate between getting hundreds of billions of dollars of digital paper wealth sloshing around and achieving something meaningful for society”.

He also said that he envisioned cryptocurrency being something better than just a new avenue for more wealth and power.

However, it is unusual nowadays to read about individuals buying this and that cryptocurrency. The nature of cryptocurrency is that any moves by people holding large amounts of a specific cryptocurrency do influence prices and the general direction of projects.

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David

David Kariuki is a journalist who has a wide range of experience reporting about modern technology solutions including cryptocurrencies. A graduate of Kenya's Moi University, he also writes for Hypergrid Business, Cryptomorrow, and Cleanleap, and has previously worked for Resources Quarterly and Construction Review magazines.

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