Ethereum founder Vitalik Buterin warned investors about the risks existing at the cryptocurrency market and advised them not to invest all their savings in such assets.
“Cryptocurrencies are a new super-volatile class of assets, prices can collapse at any moment up to zero marks. Do not invest in this area more than ready to lose. To save your savings, traditional assets are still the most reliable,” he wrote on his Twitter page 2:25 PM – Feb 17, 2018.
Buterin not for the first time points to the community’s obsession with making a profit on the cryptocurrency market, as it, in his opinion, does not contribute to achieving something real meaningful for the industry.
Earlier, Bitcoin Core developer Gregory Maxwell criticized Vitalik Buterin for supporting the “rescue harddocks” to restore stolen or frozen funds, as some community representatives should not decide whether to branch out or not, he said. Maxwell stressed that otherwise the system has already failed.