Crypto News, March 18: Are Investors Too Greedy?

Vitalik Buterin argues that the crypto industry has lost sight of what's important. Also today, Elizabeth Warren has a new bill targeting crypto transactions. Vitalik Buterin is on the front cover of TIME magazine this week. In the interview, the Ethereum co-founder revealed he's worried for crypto's future — and said the industry is at risk of being overtaken by greed. Warning crypto has "a dystopian potential," he appeared to criticize Bored Ape NFTs — as well as how decentralized autonomous organizations use coins to cast votes. Buterin said he sometimes feels like he's "yelling into the wind" when sharing his concerns, but is determined to get more vocal in 2022. Declaring that he would prefer Ethereum to offend some people than stand for nothing, he added: "The goal of crypto is not to play games with million-dollar pictures of monkeys, it's to do things that accomplish meaningful effects in the real world."

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