Vitalik Buterin: High Ethereum Price Good for Security, Ecosystem Development
Cointelegraph
Published Mar 21, 2019 04:10PM ET
Updated Mar 21, 2019 04:22PM ET
Vitalik Buterin: High Ethereum Price Good for Security, Ecosystem Development
Ethereum (ETH) co-founder Vitalik Buterin says that high ether prices are important both for network security and the wider ecosystem’s development. Buterin made his remarks during an interview for Laura Shin’s crypto-focused “Unchained,” hosted at the Columbia Graduate School of Journalism and live-streamed on March 20.
In response to Shin’s question as to whether protocol designers and project leaders should be focusing on the question of a cryptocurrency’s price, Buterin referred to the “earlier rhetoric” of the Ethereum project, which had explicitly downplayed the importance of the asset’s value:
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