Vitalik Buterin criticized the user preference towards speculation in crypto markets.
He said that focusing solely on gambling and ignoring utility will bring crypto markets to an end.
Vitalik has been highly critical in the past, but this statement is his harshest yet.
Current crypto markets focus more on trading cryptocurrencies as speculative assets, and utility is far lower than that.
Besides the top few projects like Bitcoin, Ethereum, Solana, XRP, and stablecoins and few others, nearly every other coin has only a small number of users.
Source: https://bfmtimes.com/vitalik-buterin-predicts-death-of-crypto/
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