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Vitalik’s Genius Investments: Donating Crypto Yields Better Returns Than Actual Investing (Because Who Needs Financial Literacy Anyway?)

Crypto NewsDeFiEthereum 1 Doug Martinez September 9, 2024

An illustration of Vitalik Buterin standing on a mountain peak, surrounded by Ethereum logos and dollar signs. He's holding out his hand, releasing coins into the air which are being caught by various charity symbols (e.g., hearts, stars) floating below him. In contrast, another figure in the background is shown frantically digging through piles of worthless trash.

Just when you thought Vitalik Buterin was a genius for creating Ethereum (spoiler: he’s not), comes the revelation that his charitable efforts yield better returns than investing. Because what could possibly go wrong? It turns out, donating Ether to support ‘public goods’ is just as lucrative as trying to make money in crypto – which says more about cryptocurrency’s inherent valuelessness than Buterin’s investment prowess.

Source: cointelegraph

Vitalik says ‘at present’ his donations yield better gains than investments
https://cointelegraph.com/news/vitalik-buterin-donations-yield-better-gains-investments
Ethereum co-founder Vitalik Buterin recently explained that he would no longer invest in layer-2 projects and that all proceeds from selling Ether would be donated “to support public goods within the Ethereum ecosystem or broader charity.” Buterin’s remarks came in response to questions raised by users on X over a recent slate of cryptocurrency transfers he’d been involved in. As Cointelegraph recently reported, Buterin was accused by crypto denizens on […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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