Home News Ethereum Vitalik Buterin Reveals Financial Standing in Reddit AMA

Vitalik Buterin Reveals Financial Standing in Reddit AMA

February 20, 2019 16:41
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Etherum founder
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Ethereum co-founder Vitalik Buterin revealed some details about his financial standing and holdings in a recently held Reddit Ask Me Anything (AMA). The AMA was hosted by  Hudson Jameson, who works at the Ethereum Foundation.

While Buterin supports non-Ethereum projects, he said all of those tokens were a lot less than his 10% value of the Ether he holds. In reply he said, “Non-ethereum-ecosystem tokens: BCH, BTC, DOGE, ZEC; total value < 10% the value of my ETH; Non-ETH ethereum ecosystem tokens: KNC, MKR, OMG, REP, total value <10% the value of my ETH; Significant corporate shareholdings: Clearmatics, Starkware [edit, forgot to put this in before]; Revenue in the last 12 months other than ethereum foundation salary: a few advisor tokens (included in above); Non-financial interests: friends in the ecosystems represented by the above projects, as well as some non-token ethereum ecosystem orgs (eg. L4, Plasma Group, EthGlobal, EDCON) and non-token non-ethereum orgs (mainly professional cryptography and economics circles) I’d definitely support more people actively involved in protocol decision-making making such statements!”

Other key players in the Ethereum ecosystem such as Justin Drake and Martin Swende, also revealed details of their holdings. A user said, “He’s got enough skills that mean he’ll never go completely destitute regardless of what happens with ETH prices. The only risk is that he’ll have to live a frugal lifestyle should Ethereum fail, something he’s evidently accepted and an admirable way of living regardless of how much wealth someone has. Obviously every individuals circumstances are different and I wouldn’t expect older people or those with large families to provide for to take such risks.”

Last month, Buterin was in the news when he criticized Bitcoin Cash Satoshi Vision (SV) when he likened it to dumpster fire. At the time he had said, “Yeah no, I have my disagreements with the bitcoin roadmap, PoW, etc but they’re trying to do something that’s genuinely cool tech. BSV is a pure dumpster fire.”

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