RATE Group | Ethereum (ETH) Founder Claims He is Not a Billionaire-Should We Care?
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Ethereum (ETH) Founder Claims He is Not a Billionaire-Should We Care?

Ethereum (ETH) Founder Claims He is Not a Billionaire-Should We Care?

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Ethereum (ETH)–On October 11, the crypto space erupted in a relative civil war over a series of tweets by Ethereum founder and regulator cryptocurrency figurehead Vitalik Buterin. Buterin, in response to accusations over the amount of Ether he held personally which would propel him to billionaire status, vehemently defended his position as one of the wealth–but not quite billionaire figures in crypto.

According to Buterin, who has been one of the most outspoken and steadfast figures in all of cryptocurrency, not just in support of the second largest cryptocurrency by market cap Ethereum, he has never claimed more than 0.9 percent of the total circulating supply of Ether. Instead Buterin rebuked claims over Twitter that he held an egregious amount of ETH, which currently has a total circulating supply of ~102 million. Buterin responded to claims that he held a near 1 percent total of the supply of ETH (or the equivalent of about one million Ether) with a link to his proposed…

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