Ethereum co-founder says he is not selling ether in the traditional sense. The programmer has said that talk of him selling digital silver for personal gain is untrue.

Vitalik Buterin said that he has been storing revenue in Ethereum since 2018:

“All my sales are to support projects that I believe are valuable, either within the Ethereum ecosystem or for charity. Any talk that I am moving away from this topic is incorrect.”

The programmer said that he is currently working on the idea of ​​decentralizing cities, whose residents will have more opportunities to access digital assets and manage public space:

“If you see the article “Vitalik sends ETH to the stock exchange”, then in fact I do not sell it, it is almost always some kind of donation to a charity, non-profit or other project. And the recipient sells it. Well, because he needs to cover expenses“.

The entrepreneur emphasized that he will continue to support the Ethereum ecosystem and other projects that he considers valuable.

Earlier, Vitalik Buterin released information about the main categories of expenses of the Ethereum Foundation for 2023 and named his annual salary.