Elon Musk, the CEO of Tesla and owner of X (formerly Twitter), has raised questions about why Vitalik Buterin, the co-creator of Ethereum, left his microblogging platform.
Musk’s inquiry came after a user on X, known as “Autism Capital,” pointed out Buterin’s decreased involvement on the platform. Autism Capital suggested that Buterin should be more active on X in order to promote Ethereum. They advised him to engage with the crypto community on X instead of isolating himself on another platform.
This remark caught the attention of Elon Musk, who questioned the reasons behind Buterin’s departure from X. Musk acquired the platform for $44 billion in 2022.
As expected, Musk’s question prompted a series of humorous responses from crypto enthusiasts. Some users suggested that Buterin’s reduced engagement on X was a result of Musk’s refusal to allow crypto payments on the platform.
Prior to Autism’s complaint, Buterin’s last tweet was on March 17, where he discussed Farcaster, a decentralized social network popular among the crypto community. However, in response to the X user’s criticism, Buterin made another post on the platform shortly before the time of this article. In the tweet, Buterin highlighted the Ethereum Name Service (ENS) as an app capable of eliminating multi-sig backdoors.
However, Buterin has been more active on Farcaster recently. Last month, he praised the decentralized social media platform, stating that it would withstand the test of time. He also argued that Farcaster’s channel feature makes it a superior social media platform compared to X. While Buterin has nearly 180,000 followers on Farcaster, he has over 5.2 million followers on X.
It’s important to note that most of Buterin’s followers on X are crypto enthusiasts, so he is likely to reach a larger audience of crypto enthusiasts with his posts on that platform compared to Farcaster. However, Buterin often encounters spam bots and token shills on his X posts, which is one of the reasons why he has chosen to spend less time on the platform.
In the meantime, Ethereum is under investigation by the SEC to determine whether it should be classified as a security. Reports suggest that the SEC is focusing its efforts on Ethereum, the second-largest cryptocurrency by market cap, as part of its crackdown on the crypto industry. This comes several years after a senior SEC official declared that Ethereum was not a security.
Disclaimer: This article provides informational content and should not be interpreted as financial advice. The opinions expressed in this article are the author’s own and do not reflect the views of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic is not liable for any financial losses.