Wintermute founder: Goals matter more than price, will continue to hold ETH long-term

Wintermute founder and CEO Evgeny Gaevoy stated, "When the Ethereum Foundation released its mission statement, I saw more criticism than celebration, which is also reasonable. After all, most of us crypto practitioners have transformed and integrated into the existing world system.

More seriously, currently the Ethereum Foundation is the only player with both resources and network effects, capable of not only maintaining the cypherpunk dream but also truly realizing it. In the short term, will this be reflected in Ethereum's price? Definitely not. In the long term? Only if it succeeds. Should we care about the price?

Personally, I believe goals matter more. I absolutely believe that at least someone should try to achieve this goal at a macro level, rather than merely pursuing financial applications. The rest of the people can choose to do what they do, or choose whether to hold ETH. To be honest, holding it long-term is a very long-term bet, but compared to other worse 'beliefs', it's acceptable, so I will continue to hold my ETH for the culture and meme."