Vitalik Buterin Responds to Criticism Over ETH Sales 💬
Ethereum co-founder Vitalik Buterin recently addressed criticism over the Ethereum Foundation’s ETH sales. Here’s the lowdown:
1. Funding Ethereum’s Future 🛠️
Critics claim these ETH sales add price pressure, but Buterin clarifies: the funds directly support developers, events, and essential upgrades. This strategic spending, he says, isn’t for price speculation but for building Ethereum’s long-term infrastructure.
2. Why Staking Isn’t the Answer 🚫
Some suggest staking Foundation ETH for yield, but Buterin warns it could bring governance conflicts. As a large staker, the Foundation would be forced to vote on key issues, risking its neutral stance.
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