Vitalik Buterin’s ironic tweet, “make communism great again,” sparked backlash among Ethereum investors following the announcement of a new hire at the Ethereum Foundation. Critics expressed frustration over the foundation’s perceived inefficiencies and Ethereum’s underperformance compared to rivals like Bitcoin and Solana. The controversy highlighted tensions within the community, with some misunderstanding Buterin’s reference to “Degen Communism,” a concept advocating for using crypto for the greater good.
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