Recently, prominent venture capitalist Paul Graham made a post on Twitter regarding the future of cryptocurrency. According to the latter, the collapse of the economy of the entire cryptocurrency sector is imminent. Some time after this publication, Vitalik Buterin noted that he would have known that “Something big is about to happenBut his tweet is ambiguous to say the least, leaving the crypto community scratching their heads.
The mysterious publication of Vitalik Buterin
On November 21, Vitalik Buterin an act The Twitter post is vague about the future of cryptocurrency. He said:I hear […] Something big is about to happen. Please acknowledge that my elite social connections with people who are ahead of things make me cool, and help validate my awesome image.Some believe that the Canadian programmer was trying to make fun of Paul Graham’s post.
This might suggest that Vitalik Buterin reportedly did not take the warning seriously venture capitalist. Indeed, on November 20, Paul Graham announce :”A person I have known for more than ten years, whom I consider trustworthy, is convinced that the cryptocurrency economy will soon face systemic risks. I don’t know anything concrete, but if I were exposed, I would worry“.
Cryptocurrency: what future for the sector?
The crypto community seems to have ignored Graham’s tweet and deemed his warning unnecessary. However, it is evident to investors and others in the cryptocurrency industry Worry about his future.
In fact, many are wondering What will be the next crypto companies to crash, after FTX. Last week, cryptocurrency skeptic Liron Shapira said that Bitfinex, Tether, and Binance could be the next to fail.
A few hours ago, Paul Graham commented on Buterin’s post, saying: “I didn’t forward this message to look coolThen the founder of Ethereum said: “I did not answer you.” “I will explain in more detail where I come from. Basically there is a “thing” going on here where people spread rumors, lots of people retweet it, lots of people start trading on that info“, he added.
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Far from dampening my enthusiasm, an unsuccessful investment in cryptocurrency in 2017 only fueled my enthusiasm. So I resolved to study and understand the blockchain and its many uses and pass on my pen information related to this ecosystem.