Vitalik says he supports an “Ethereum Reserve Company” but warns against over-leveraging
In an interview on the Bankless podcast, Ethereum co-founder Vitalik Buterin expressed support for the Ethereum Reserve Company (ETHR) while also warning of risks. He noted that publicly listed companies purchasing and holding ETH would allow more investors to access the token. By investing in the ETHR rather than directly holding it, these companies would provide more options for people of varying financial circumstances. However, Buterin cautioned that Ethereum's future shouldn't come at the expense of excessive leverage. He expressed concern that falling prices could trigger a chain reaction of forced liquidations, further depressing prices and damaging its credibility. However, he also expressed confidence that Ethereum investors have sufficient self-discipline to avoid such a crash.