Vitalik Buterin, co-founder of Ethereum, had to sell half of his personal Bitcoin in 2013 to avoid going broke, according to a tweet published today:“Seven years ago, before Ethereum even began, I had only a few thousand dollars of net worth. I nevertheless sold half my Bitcoin to make sure that I would not be broke if Bitcoin went to zero,” Vitalik said.The tweet followed Buterin’s advice to “never take out a personal loan to buy ETH or other Ethereum assets.” In saying so, he was referring to podcaster Peter McCormack, who had previously tweeted that he took out a loan to buy Bitcoin. McCormack replied that he wouldn’t recommend taking out a loan to buy Ethereum either..Some estimates put Vitalik's current net wealth somewhere around $200 million. Naturally, most of it is held in Ethereum.https://ift.tt/3mbKVti
Submitted December 14, 2020 at 06:49PM
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