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Vitalik Buterin, co-founder of Ethereum, has expressed concerns about the imbalance in investment within the Web3 infrastructure sector. According to Buterin, there is excessive investment in certain types of infrastructure while others are neglected. He argues that investors are driven by a desire to feel good about their investments, leading them to fund projects that offer spillover profits, often referred to as 'the casino'. This misallocation of resources, Buterin suggests, undermines the potential for genuine innovation and development in the Web3 space.
.@VitalikButerin: „My hot take re "too much investment in infra": there's too much investment in *some kinds of infra* and not enough in others, and what's actually going on is, people want to invest in "the casino" but still feel good about themselves, so they invest in the… https://t.co/yPxPb7gjJU
Vitalik Buterin Complained About Low Investments in Web3 Infrastructure Investors are putting money into some types of infrastructure and not enough into others, so it is incorrect to talk about "large capital flows" in this direction. This was written by @ethereum co-founder… https://t.co/FEnNmaZK7w
#Ethereum Vitalik: there's too much investment in some kinds of infrastructure and not enough in others, and what's actually going on is, people want to invest in the casino but still feel good about themselves, so they invest in the subset of infrastructure that gets spillover… https://t.co/W8pwCY1fqI