According to ChainCatcher, Evgeny Gaevoy, founder and CEO of Wintermute, stated, “When the Ethereum Foundation released its mission statement, I saw more criticism than celebration, which is understandable. After all, most of us in the crypto industry have transitioned and integrated into the existing world system. More seriously, the Ethereum Foundation is currently the only player with both the resources and network effects to not only maintain the cypherpunk dream but also actually realize it. In the short term, will this be reflected in the price of Ethereum? Certainly not. In the long term, will it? Only if it succeeds. Should we care about the price? Personally, I think the goal is more important. I absolutely believe that at least someone should try to achieve this goal on a macro level, rather than just pursuing financial applications. The rest can choose to do what they do or choose whether to hold ETH. To be honest, holding it long-term is a very long-term gamble, but it's better than other worse ‘faiths,’ so I will continue to hold my ETH for the culture and the meme.”
Wintermute founder: Target price is more important than price; will continue to hold ETH long-term.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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