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Ethereum leaders are stuck in a 'massive contradiction' — Wintermute CEO

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"You are either building capitalism or planned socialism," said Wintermute CEO Evgeny Gaevoy, pointing the finger at Vitalik Buterin, Hayden Adams, and the wider Ethereum community.

Ethereum (ETH) leaders must choose between supporting a capitalist or socialist economic system, but they can't do both, according to digital assets market maker Wintermute CEO Evgeny Gaevoy.

“You are either building capitalism or planned socialism. I'm sorry, you really can't have both,” Gaevoy declared in a June 6 post on X, following both Ethereum co-founder Vitalik Buterin and Ethereum-based decentralized exchange (DEX) Uniswap founder Hayden Adams' recent comments regarding the surge of celebrity memes coins.

“If ETH fails in the future it won't be because "Solana is faster", it will be because the ETH "elite" is still stuck in a massive contradiction,” he claimed.

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