Saturday , May 15 2021

Ethereum Creator Buterin talks about bear market and future of ICO in Bitcoin



Kriptokoin.com – Co-founder Ethereuma Vitalik Buterin and an independent group of legislators called on the South Korean government to release the chainsaw sector, pointing out that existing laws are excessively restrictive and hinder innovation.

Buterin talks at a meeting in South Korean Parliament, and he says the following remarks:

i bitci.co

Olmaz Blockchain is a technology that can be run without a crypto currency, but without blockchains it would not cry for money. Public-oriented block chains are mostly based on cryptography. Therefore, crypto currencies are absolutely necessary. "

Buterin: Crypto Coins and Blockchain in Interwoven Condition

Buterin reacts to the Korean government's view of "being on a block chain without bitcoin evet." The South Korean authorities have repeatedly attempted to encourage blockchains while they undermined crypto currencies and banned ICOs.

However, Buterin says the crypto and block chain are interwoven and can not be separated. He also says that ICOs are beginning to correct their negative images after a series of frauds and says:

"ICOs have definitely improved and will continue to improve in the future."

Buterin: Good situation for a sudden drop in market

Vitalik Buterin argues that the recent cryptographic winter is good for the industry because he persecuted the thieves and explained what the projects are here in the long run and says:

"Recent scammers of cash crypto and stagnation of the market have revealed which fraud projects are and which projects will be sustainable."

Reddit Founder: Crypto Coins Needed Cleansing

This is pointed out by Alexis Ohanian, the founder of Reddit, the first investor in Coinbase.

In February 2019, Ohanian said that investors in Bitcoin should not be encouraged by an extended bear market because massive clean-up is good for long-term health of the industry and says:

Harika Spekulants have fled and this is really great. Because people who now want to build something on crypto-money are real believers. In fact, they only build the infrastructure needed to do so

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