“I’ve decided to burn 90% of the remaining shiba tokens in my wallet. The remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing large-scale loss of life) but with a more long-term orientation,” he said in a note attached to another transaction at the same time. Should this be applauded or criticized? after Elon is Vitalik =]]
https://www.coindesk.com/vitalik-buterin-burns-6b-in-shib-tokens-says-he-doesnt-want-the-powerI am really not a fan of all those meme coins that came up in the last few weeks and took away liquidity and market cap from solid projects with a real use case. At least something good came out of it now that Vitalik has first donated 1,2 B $ to the indian covid-19 relief. I like that he is also donating his remaining 10% to a good cause that is still a huge amount of money that can help a lot of people. This also means that the supply of Shiba-Inu basically halved within a day but so far there is not a big reaction to this announcement in regarding the price.