{"id":13968,"date":"2021-11-21T16:52:28","date_gmt":"2021-11-21T15:52:28","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=13968"},"modified":"2021-11-21T16:52:37","modified_gmt":"2021-11-21T15:52:37","slug":"see-why-crypto-billionaire-abandons-ethereum","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/see-why-crypto-billionaire-abandons-ethereum\/","title":{"rendered":"See why crypto billionaire abandons Ethereum"},"content":{"rendered":"\n
Su Zhu, the CEO of Three Arrows Capital, delivered a harsh tweet against Ethereum and its community.<\/h5>\n\n\n\n
\"See<\/figure>\n\n\n\n

He claims to have firmly abandoned the second-largest cryptocurrency \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>due to its exclusive nature for newcomers, which he attributes to its discriminatory nature for newcomers.<\/p>\n\n\n\n

Yes I have abandoned Ethereum despite supporting it in the past. <\/p>

Yes Ethereum has abandoned its users despite supporting them in the past.<\/p>

The idea of sitting around jerking off watching the burn and concocting purity tests, while zero newcomers can afford the chain, is gross.<\/p>

\u2014 Zhu Su \ud83d\udd3a (@zhusu) November 21, 2021<\/p><\/blockquote>\n\n\n\n

Zhu is dissatisfied with the expensive costs charged on the Ethereum <\/a>blockchain, as well as with the refusal of some of the most powerful voices in the community to address the issue of excessive fees.<\/p>\n\n\n\n

Zhu has also been retweeting several tweets that are negative of Ether throughout the course of the last 24 hours.<\/p>\n\n\n\n

The FTX exchange was notified earlier today that an Ethereum <\/a>address affiliated with Three Arrows Capital had submitted about $77 million worth of ETH to the exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"

Su Zhu, the CEO of Three Arrows Capital, delivered a harsh tweet against Ethereum and its community. He claims to have firmly abandoned the second-largest cryptocurrency due to its exclusive nature for newcomers, which he attributes to its discriminatory nature for newcomers. Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum […]<\/p>\n","protected":false},"author":13,"featured_media":13969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[132,128],"class_list":["post-13968","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-ethereum"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/11\/image-81.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=13968"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/13968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/13969"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=13968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=13968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=13968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}