
I think that ETH's recent crash happened for various reasons, but the fact that people tie it, even if superficially, to the fake news post on Reddit that Vitalik Buterin died, says a lot about ETH's weakness as a currency.
If the post about Buterin dying had any impact on people selling off ETH, as some people think may have been the case, then that's extremely dangerous. No currency should be tied to any one person so closely, simply because a currency should stand on it's own. Any deep connections with any one individual will weaken the value of the currency. In fact, I am starting to think of ETH not as a currency but as a product. On the other hand I do see Bitcoin as a currency, but more in line with gold than the dollar. When you tie a currency to any one individual too closely it becomes centralized defeating the very purpose of cryptocurrencies.
I believe in ETH for the long term but feel they need to stop tying in ETH so closely to it's creator, it can only weaken the currency because we are all human, a currency needs to stand on it's own. As a technology, I find ETH to be very exciting, there are a great number of new coins. tokens, apps that are using it's technology to power their own ideas.... so in the long term I am very excited for ETH but think some changes must take place for it to be a viable currency.
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