This is why some level-headed industry leaders actually welcome declining prices since plenty of exciting projects typically appear during bear markets.
As explained by Buterin, unsustainable crypto projects tend to fall away during bear markets, with quality prevailing over quantity. Even though high prices make a lot of people happy, they also attract plenty of unnecessary speculative attention, according to the Canadian programmer. The cryptocurrency market has suffered a severe crash, with prices of Bitcoin and major altcoins sliding by more than 70%.
The industry remains in the doldrums following the epic implosion of the FTX exchange, which some skeptics believe could usher in
Well he F that one up. He should have stayed at Ripple
By the way he is not Canadian..he is another Corrupt Russian
Yeah..bullshit..his ass will be in fire soon... his friends who bribed are starting to throw him under the 🚌
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