Wintermute Founder: Mission Over Price, Will Continue Long-Term ETH Holdings



Evgeny Gaevoy, founder and CEO of Wintermute, stated: "When the Ethereum Foundation released its mission statement, I saw more criticism than celebration, which is quite reasonable. After all, most of us in the crypto industry have transformed and integrated into the existing world system.

More seriously, the Ethereum Foundation is currently the only player with both resources and network effects that can not only maintain the cypherpunk dream but also actually realize it. In the short term, will this be reflected in Ethereum's price? Definitely not. Will it in the long term? Only if it succeeds. Should we care about price?

I personally think the mission is more important. I absolutely believe that at least someone should try to realize this mission at the macro level, rather than just pursuing financial applications. The rest of the people 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 bet, but compared to other worse 'beliefs,' it's acceptable, so I will continue to hold my ETH for the culture and the meme."
ETH1.66%
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ComeAndCatchMe,YourMajesty!vip
· 7h ago
Wishing you great wealth in the Year of the Horse 🐴
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