Vitalik Buterin Criticizes Speculative Crypto Projects

According to Odaily, Ethereum co-founder Vitalik Buterin recently expressed his discomfort on X regarding the current state of the crypto industry. He criticized the perception among some crypto social media users and venture capitalists that speculative projects, which result in losses for over 99% of users, are considered the best product form in the crypto space. Buterin also noted his unease when individuals, unfamiliar with the internal workings of the Ethereum Foundation, suggest who should be removed or added to the organization, expecting these changes to occur within two weeks. Buterin emphasized that despite these challenges, he often finds inspiration from the world, reminding him of the valuable goals they are striving for. He encouraged others to reflect on their own objectives, suggesting that they too would discover worthwhile pursuits.