Elon Musk, the tech mogul behind SpaceX and Tesla, has raised questions about ethereum co-founder Vitalik Buterin's apparent withdrawal from X, the platform Musk acquired in 2022 for $44 billion. The conversation was sparked by a post from “Autism Capital”, a crypto influencer with significant influence in the crypto dialogue, who lamented Buterin's reduced commitment to X, defending his potential to significantly elevate ethereum's presence.
Why is ethereum founder avoiding X?
“Vitalik needs to return to X. Farcaster is not going to win the culture war. If he wants ethereum to shine, he should participate more in this platform, not isolate himself with his chosen peers on an island. He will have much more impact if he involves the larger community here,” Autism Capital fixed.
Musk's simple question: “Why did he leave?” raised on the platform, has since unleashed a wide spectrum of conjecture and knowledge from the cryptocurrency community. At the heart of the conversation that followed, the topic of rampant robot activity on X was flagged as a potential deterrent to Buterin.
One user made a poignant observation referencing the analysis of Tyler John, who detailed the spam problem for the co-founder of eth: “Vitalik Buterin has to add “srry 4 ratio-ing” to each response because immediately afterwards an avalanche of sycophants, cryptobots and followers rain on the publication with tickers, memes and expressions of praise and all the OP can see is #eth and $SOL for three days.”
Buterin responded to this in January, stating: “This is (part of) why I do most of my tweeting in farcast these days, srry 4 ratio-ing.”
In the midst of these discussions, Buterin's recent decision activity in X, Although limited, it remains focused on promoting ethereum's technological advances. Ahead of the conversation initiated by Musk and Autism Capital, Buterin highlighted the ethereum Name Service (ENS), emphasizing its potential to eliminate vulnerabilities such as multi-sig backdoors, reflecting his continued commitment to the ethereum project despite its low presence in X.
However, Buterin's defense of Farcaster on X is notable. He has praised Farcaster for its decentralized nature and innovative features, such as the channel feature, which he believes offers a superior social media experience. “Farcaster's channel feature makes it a better social media platform than X,” said Buterin, illustrating his support for platforms that align with his vision of a decentralized, user-empowered digital ecosystem.
At the time of this publication, the price of ethereum (eth) stood at $3,490. On the weekly chart, eth held above 0.618 Fib ($3.398), confirming the potential for further upside.
Featured image from Euronews.com, chart from TradingView.com