Vitalik Buterin, the person who came up with the idea of Ethereum (ETH), has recently said that he is worried about the future of Ethereum. Even so, some people at the recent ETHDubai event had mixed feelings about Buterin’s talk about the risks in the cryptocurrency industry.
This is what the creator of Ethereum said in a recent interview. He talked about how worried he is that things will go wrong with the Ethereum platform. His fears include that the platform will become overrun by people who only want to make money and that it will no longer be a decentralised and fair platform.
Buterin said that,
There are only a few things that get built if people don’t speak up.
Buterin’s co-founder, Sergej Kunz, said that he didn’t like what Buterin was going through. “Scam projects” try to get money from people who don’t know much about investing. But there are also good projects that need money, and venture capitalists who are profit-driven will fund them.
Aleksei Pupyshev, a developer at GTON Capital, also said that he thinks there should be a balance between profit and non-profit projects in the space. He also said that rewards and money can be good ways to get people to join the cryptocurrency market.
Buterin is not the only person in the cryptocurrency world who has the same fears as Buterin. Rollen Chai, the co-founder of IoTeX, said that he is also worried about whether or not the pioneers in the market will be able to stay true to their original plans for their platforms.
