“I am no longer a billionaire”: the bad streak of the creator of Ethereum after passing through Argentina

“I am no longer a billionaire”: the bad streak of the creator of Ethereum after passing through Argentina

Buterin created Ethereum in 2014 and owns a digital wallet that, as of November, contained roughly $1.5 billion worth of assets. Since then, according to data compiled by Bloomberg, the price of the Ether token associated with the blockchain has fallen by 55%. Even so, the beginning of the bearish trend given in the main cryptocurrencies since the beginning of the year was not classified as a negative symptom by Buterin. He even said that “People who are deeply interested in cryptocurrencies, and especially building them, welcome a bear market.”

Cryptocurrency holdings have been affected by a sharp drop in digital currency prices, mainly due to the turmoil suffered by the TerraUSD stablecoin and its LUNA token. Changpeng Zhao, founder of cryptocurrency exchange Binance, saw more than $80 billion, or 84% of his wealth, evaporate this year, according to the Bloomberg Billionaires Index.

Buterin passed through Argentina in mid-December 2021 to an event for the anniversary of The Graph, a decentralized protocol for indexing and querying blockchain data starting with Ethereum. The guru of the crypto ecosystem met Argentina and was even invited to a lunch with former President Mauricio Macri.

Fascinating meeting with Vitalik Buterin, creator of Ethereum, one of the most innovative decentralized technologies of our century. His Ether currency is one of the best valued in the world. We chat about the role of crypto and blockchain opportunities for states”, indicated the former president in a message on his Twitter account.

The leader of Together for Change received Buterin at his home in Acassuso, accompanied by Leander Sigman, Gaston Parisier, Thomas Pierucci Y Santiago Sirilocal entrepreneurs in the cryptocurrency industry.

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Source: Ambito

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