
Vitalik Buterin, co-founder of Ethereum, sparked controversy with a tweet stating 'make communism great again,' which was intended as a humorous defense of a new hire, Devansh Mehta, at the Ethereum Foundation. The tweet led to significant backlash from the Ethereum community, with some members expressing strong opposition to communism. The controversy was exacerbated by the Ethereum Foundation's recent initiatives and restructuring efforts, including a $120 million investment into various decentralized finance projects. Buterin's comment was clarified as a reference to 'Degen Communism,' a concept that advocates using cryptocurrency for the greater good, rather than traditional communism. The Ethereum Foundation, which holds $900 million in ETH, has been criticized for its budget and support for developers. The organization's actions and Buterin's tweet have highlighted ongoing tensions within the community regarding the organization's direction and political leanings.
the level of concern trolling over Vitalik's joke (yes, perhaps in poor taste) is getting completely ridiculous at this point a few facts: - Vitalik cannot initiate changes to Ethereum unilaterally, and he does not control blockchain consensus nor social consensus. he went toā¦
Why Vitalik Buterinās āmake communism great againā quip triggered Ethereum investors https://t.co/MwanM88Pp2
Vitalik Buterin's communism joke stirs discussion about the political identities of blockchains https://t.co/IytCmMXOY5
