Vitalik Buterin, the founder of Ethereum (ETH), reacted to the fall of the Libra coin on the Solana (SOL) network, calling it a learning lesson and emphasizing the importance of education in the digital currency space. He tweeted, ‘Recent news should not be a reason to give up,’ and appreciated the Argentine developers who have contributed to some of the most important software in the Ethereum ecosystem. Buterin also suggested Argentina host a week-long Ethereum Devconnect gathering. According to the blockchain analytics company Nansen, out of over 15,000 Libra trader wallets, 86% faced losses totaling $251 million, while 2,101 wallets made profits of around $180 million.
Ethereum founder discusses the significance of education in digital currencies following Libra's decline. Learn about the impact on traders and the community in Argentina.