Zhu Su: The problem with the Ethereum Foundation is not the premature selling of value tokens, but the inability to provide a coherent roadmap and effective leadership
2024-08-26 04:52:27
On August 26th, Zhu Su, founder of Three Arrows Capital, wrote in X that although the Ethereum Foundation sold the 30,000 bitcoins raised when the bitcoin price fell from $600 to $300 in the early days, Ethereum has still become one of the most successful projects in the crypto field. They also executed the only successful and controversial hard fork in the history of cryptocurrencies. He stressed that the problem of the Ethereum Foundation is not to "sell" the tokens before their value is discovered, they are born to be dumpers, and the biggest problem is the current inability to provide a coherent roadmap and effective leadership for the ecosystem.
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