According to Vitalik Buterin, co-founder and public incarnation of Ethereum, the future evolution The Merge of the network, supposed to take place in the next few months, has not yet been “priced” by the crypto market.
Self-fulfilling prophecy, blind trust or quiet conviction? If you have to be wary like the plague of crypto price scammers (especially on the rise), you will recognize that some industry leaders have a voice that tends to be authoritative. Including when it comes to their own creation.
This is the case today with the creator of Ethereum Vitalik Buterin who believes that her baby’s next mutation will have a significant impact on her worth. An impact that is not yet noticeable today.
In an interview for Bankless, Vitalik explains “I basically expect The Merge to be kind of priceless, and by that I mean not only in market terms, but also in psychological and narrative terms”
Pushed to clarify his thoughts, the young amateur developer of colorful t-shirts before the Eternal goes further: “In terms of the market, people anticipating a price hike as a result of The Merge coming in mid-September will have to wait 6-8 months for the price hike to materialize”.
The exercise is perilous and we will recognize Vitalik Buterin’s ability to take a real risk, even though the crypto market is rocking on all sides.
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