Advertisement
AD

Main navigation

Advertisement
AD

Ethereum Co-Founder Doesn't Want Elon Musk to Treat Crypto Industry as Joke

Advertisement
Wed, 28/07/2021 - 19:18
A
A
A
Ethereum Co-Founder Doesn't Want Elon Musk to Treat Crypto Industry as Joke
Cover image via www.youtube.com
Read U.TODAY on
Google News

Ethereum co-founder Anthony Di Iorio expressed his dissatisfaction with Tesla CEO Elon Musk during a recent interview with BNN Bloomberg.

Di Iorio claims that people like Musk could potentially create a massive amount of change.

However, he believes that they should focus on serious instead of frivolous:

Advertisement

I’m just really wishing that their energy is going to be focused around educating people, and not having fun with something that’s so important.

Musk, who has Ether in his portfolio, has drawn the ire of many members of the cryptocurrency community for promoting joke cryptocurrency Dogecoin and helping to push its market capitalization to a staggering $90 billion in early May. 
 
The billionaire continues to promote the cryptocurrency with routine tweets and memes, but his social media influence did little to pull the cryptocurrency out of a massive hole it dug during the recent market correction.

The meme coin is down more than 72 percent from its May 8 high.

Di Iorio also criticized those founders that tout the technology in order to pump their tokens.

Related

The crypto movement is not stopping

As regulators are zeroing in on the industry on all fronts, Di Iorio remains confident in the cryptocurrency movement:

Advertisement

This is a movement that’s not going to stop.

That said, the 46-year-old Canadian entrepreneur recently made headlines after announcing that he was going to quit crypto due to safety worries:

I don’t feel necessarily safe in this space. If I was focused on larger problems, I think I’d be safer.

After co-founding the second-largest cryptocurrency, Di is now focusing on philanthropy and other issues. 

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

A
A
A

Related articles

Advertisement
TopCryptoNewsinYourMailboxSubscribe
TopCryptoNewsinYourMailboxSubscribe
Advertisement
Advertisement
Subscribe to daily newsletter

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD