We Should Just Focus on Crypto Tech, Buterin Suggests.
Crypto News – Ethereum co-founder Vitalik Buterin believes that the cryptocurrency community should concentrate on technology and application systems rather than cryptocurrency prices as the bear market in cryptocurrencies continues. In February, Buterin said that cryptocurrency builders would welcome a new bear market. Rising crypto prices are attracting a lot of attention in a bull market, with greed and rampant speculation taking the driver’s seat.
Once prices fall, speculators tend to leave the market and builders often hang on during tough times. That is why some level-headed industry leaders actually welcome the drop in prices, as typically bear markets bring out a lot of exciting projects. As Buterin explained, unsustainable cryptocurrency projects tend to disappear during bear markets, with quality trumping quantity.
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