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Vitalik supports the Ethereum asset reserve company but warns against excessive leverage.
According to HashKey News, Vitalik Buterin expressed support for the "Ethereum Asset Reserve Company" in an interview, but he also warned against excessive leverage. These companies allow more investors to access the token by investing in the Ethereum Asset Reserve Company rather than directly owning Ether. Buterin is concerned that if prices drop, it could trigger a chain reaction of forced liquidations, damaging trust. However, he believes that Ethereum investors can be disciplined and avoid a collapse.
$ETH #Ethereum # Blockchain #VitalikButerin # Cryptocurrency #CryptoAssets