Agree. It's ridicilous. But like someone wrote, he's young and he probably doesn't understand markets very well. He definitely needs some guidance when it comes to PR. He, and for instance Charlie Lee talks so much about immaturity and irresponsible markets etc..but are they themselves any better? They don't strike me as leaders. THEY need to mature more than the market IMO. It's a 500 billion market. It's ridicilously small.
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Vitalik's comments are completely reasonable, and provably what any traditional finance advisor would say. Completely in the mainstream of financial advice. Very naive of you to say he is young and doesn't understand markets. He is young, but smart enough to know that what he is reporting is excellent traditional financial advice.
The only point I agree with is - "why is he saying these things? what is his motivation?"
Since he is not a financial advisor, why does he feel compelled to repeat that type of advice?
He may have legal advice that he will be better positioned to defend against future claims of fraud, if he regularly sends out this type of information, prior to a large crash of ETH