Creator of the ethereum: cryptocurrencies "could fall to zero at any time"

in #ethereum7 years ago

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Vitalik Buterin, founder of the ethereum, the second most valuable cryptographic currency in the world, has warned that cryptocurrency "could fall to zero at any time".

The 24-year-old Russian-Canadian programmer and writer also recalled that there are less risky assets to invest.

"Reminder: Cryptocurrencies are still a new and hyper-volatile asset class, and could fall to almost zero at any time, do not put in more money than they can afford to lose, if they're looking for where to save their life savings, conventional assets are still being his safest bet, "Buterin wrote on his Twitter account.

However, some users felt that Buterin was only creating "unnecessary panic".

Previously, several economists also predicted the collapse of some cryptocurrencies and described them as an economic bubble.

https://mundo.sputniknews.com/economia/201802181076376559-ethereum-buterin-moneda-valor-inversion/