DeFiance Capital CEO Criticizes Vitalik's Concerns About DeFi Use Cases

According to Odaily, DeFiance Capital founder and CEO Arthur Cheong has expressed his disagreement with Vitalik Buterin's recent comments about concerns over cryptocurrency DeFi use cases. Cheong took to X to voice his opinion, stating that it is troubling that the founder of the largest L1 blockchain does not fully understand the use cases and industry driving the price of ETH and its market capitalization of $330 billion. He suggested that the price of ETH could potentially drop to $0.03.