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[Josemendez]

One of the right founders of ethereum network , Anthony Di Iorio has revealed that he is going to sell his software firm , Decentral and move away from cryptocurrency .

Anthony helped to finance ethereum development back in 2014 and he is known to be an early adopter of bitcoin as well. He gave his reason , saying , "I want to diversify to not being a crypto guy, but being a guy tackling complex problems," . He believes that cryptocurrency is a risky and won't want to put himself in such risk anymore.

 

[Wisdom01]

Well i dont really know why he changed ,or maybe he couldnt take the pressure of been a co founder , because crypto is developing rapidly and his change is suprising tho

 

[sh199]

I think he could not handle the pressure to being a crypto entrepreneur or pressurize to sell his firm. Who knows. However, a crypto nerd never leaves the market, whatever the market situation is.

 

[CyberPreNurse]

He must have gotten tired of everything as crypto currencies could really make one feel lonely as you get to always stay on desk monitoring prices and working on things that would enable you succeed. I do hope this is not going to affect Ethereum in any way.

 

[Josemendez]

To be honest this is not a good news for the crypto world at all. For a big project like ethereum it is going to sure harm other people wanting to go into crypto.

Well , he is just a co-founder , so there are other founders that will continue to build the network to grow stronger with time . It is not really that bad .

 

[ElPaule]

One of the right founders of ethereum network , Anthony Di Iorio has revealed that he is going to sell his software firm , Decentral and move away from cryptocurrency .

Anthony helped to finance ethereum development back in 2014 and he is known to be an early adopter of bitcoin as well. He gave his reason , saying , "I want to diversify to not being a crypto guy, but being a guy tackling complex problems," . He believes that cryptocurrency is a risky and won't want to put himself in such risk anymore.

Diversification is a smart move, but I think he moves to much. Anyway I think he'll be back in few years.
but he is right, a 100% crypto investment is risky since we can't predict the future so holding different asset mitigate the risk of significant losses

 

[Josemendez]

Diversification is a smart move, but I think he moves to much. Anyway I think he'll be back in few years.
but he is right, a 100% crypto investment is risky since we can't predict the future so holding different asset mitigate the risk of significant losses

Here is not migrating to any other crypto but moving away from cryptocurrency entirely . He thinks that it is too risky for him to put his fund on.

 

[Snowmansolito]

I may not want to believe that Anthony will do that even if he proposed, probably he's just trying to catch some cool fun from people's comment because we all know that crypto is the future. Not even at this point that things are booming and higher probablity for ethereum to overtake bitcoin lies at stake

 

[Niftyicon]

The risk has always been present in cryptocurrencies, so, I wonder why the sudden drastic decision to hands off totally even selling off his firm.

 

[BullyMaguire]

Is he the same guy who got jailed for checking his portfolio? Anyway it's his choice and just because he is an early adapter he couldn't quit it. Everyone changes

 

[Razor1911]

The risk has always been present in cryptocurrencies, so, I wonder why the sudden drastic decision to hands off totally even selling off his firm.

There might be something going on in the background that we don't know. Otherwise Ethereum has good scope in future, I don't see any drastic changes due to which the cofounder has to resign.

 

[microunit]

Well it is his life and his decision and he is free to do whatever he wants, though he probably earned his profits from crypto and now wants to get out while it's early

 

[Snowmansolito]

There might be something going on in the background that we don't know. Otherwise Ethereum has good scope in future, I don't see any drastic changes due to which the cofounder has to resign.

Probably he has an hidden motive and this may be that he has issue with other ethereum cofounders and he expects to get his share and set up a new form of crypto or probably team up with any other cryptocurrency firm that has a bullish tendency and may not be bitcoin at this time

 

[Razor1911]

Probably he has an hidden motive and this may be that he has issue with other ethereum cofounders and he expects to get his share and set up a new form of crypto or probably team up with any other cryptocurrency firm that has a bullish tendency and may not be bitcoin at this time

That might be a valid reason, but the way Etheruum is showing positive sign, there is no doubt that it will go up, and one day may take the place of Bitcoin itself. In such a case these type of news can be a disaster.

 

[microunit]

Probably he has an hidden motive and this may be that he has issue with other ethereum cofounders and he expects to get his share and set up a new form of crypto or probably team up with any other cryptocurrency firm that has a bullish tendency and may not be bitcoin at this time

That may be true but it will contradict his initial motives of quitting cryptocurrency if he does set up another firm of cryptocurrency after quitting from it

 

[Snowmansolito]

you've

He must have gotten tired of everything as crypto currencies could really make one feel lonely as you get to always stay on desk monitoring prices and working on things that would enable you succeed. I do hope this is not going to affect Ethereum yyo

I think he could not handle the pressure to being a crypto entrepreneur or pressurize to sell his firm. Who knows. However, a crypto nerd never leaves the market, whatever the market situation is.

A lot of things might actually be the reasons for him selling his firm. Another possible thing is that, he might have been approached by a firm or someone somewhere to contract for the sale of the shares in the company with huge price bid and when he considered that he can never incurr loss or setback for the rest of his lifetime, he then conceded

 

[SCAMEXPOSER]

People usually have their target and it is also possible he may return in the future but currently he doesn't need cryptocurrencies which is best known to him.

 

[microunit]

If he do return in the future which let's face it there's a big chance he will return considering the growth of cryptocurrencies , it will cause another uproar

 

[SCAMEXPOSER]

If he do return in the future which let's face it there's a big chance he will return considering the growth of cryptocurrencies , it will cause another uproar

He will be come and he is likely to make progress in a short time because he already has background knowledge of cryptocurrencies and how best he can key in.

 

[CyberPreNurse]

Well it is his life and his decision and he is free to do whatever he wants, though he probably earned his profits from crypto and now wants to get out while it's early

Absolutely, he is actually going to invest his earninngs and profits in something else that is going to yield better profits for him too. Not everyone wants to do Crypto for life.