Ethereum co-founder, Musk should not see the crypto industry as a joke

Syed AhadWeb Editor

29th Jul, 2021. 12:56 am

During a recent interview with BNN Bloomberg, Ethereum co-founder Anthony Di Iorio expressed his dissatisfaction with Tesla CEO Elon Musk.

According to Di Iorio, people like Musk have the ability to bring about significant change.

However, he feels that they should concentrate on real issues rather than frivolous ones:

He said, “I’m just really wishing that their energy is going to be focused around educating people, and not having fun with something that’s so important”.

Musk, who owns Ether, has garnered the ire of many in the cryptocurrency community for pushing the joke cryptocurrency Dogecoin and helping to propel its market valuation to a staggering $90 billion in early May.

The billionaire continues to promote the cryptocurrency with regular tweets and memes, but his social media clout hasn’t helped the cryptocurrency climb out of the enormous hole it dug during the latest market correction.

From its high on May 8, the meme coin has dropped more than 72%.

Ethereum co-founder Di Iorio also chastised individuals who use technology to inflate their own tokens.

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