Vitalik Buterin is no longer a billionaire.
The value of Buterin's holding in the ether token has plummeted since it hit a high of around $4,800 in November.
When you make a mistake in your beliefs, you need to acknowledge that a previous version of yourself contributed negative value to the world.
He talked about the tradeoffs between open-mindedness and passion while expressing his support for the project.
Insider reached out to Buterin but did not get a response.
The TerraUSD and LUNA token crashed last week, wiping out an estimated $40 billion from the market in a matter of days. TerraUSD was last valued at about 6 cents.
In the past six months, ether has lost half of its value and is less than half of its record high.
It's days like this that I remind myself of when #Bitcoin was under $100 dollars. HODLing for the long game is all about perspective.
Buterin is one of several high-profile casualties of a collapse that has affected investors across the board. Insider spoke to three investors who lost thousands of dollars last week.