Vitalik 'pulls a Steve Jobs' in his beef with MakerDAO
TL;DR
MakerDAO is switching from Ethereum to Solana, meaning its network fees will now go to Solana.
In response, Ethereum founder Vitalik Buterin just sold all of his MakerDAO holdings (~$580k).
When Steve Jobs was fired from Apple in 1985, he did something similar - selling off all but one of his shares.
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When Steve Jobs was fired from Apple in 1985, he sold off all but one of his shares and rode off into the sunset.
Vitalik Buterin followed a similar path last week when MakerDAO announced it would be switching from Ethereum to Solana.
For those of you playing at home...
Here's what MakerDAO is/does:
MakerDAO is the issuer of the 'DAI' stablecoin - a coin that stays pegged to the price of the US dollar.
Here's what switching from ETH to SOL means:
MakerDAO is overhauling its operation, and moving to Solana - which is kind of like a company saying:
"You know what, screw Microsoft - we're shifting to Apple's operating system."
Point being: the network fees that are generated by MakerDAO's new and improved system are now going to Solana, instead of Ethereum.
Here's what Vitalik did in response:
He sold all of his MakerDAO holdings, which amounted to roughly $580k.
A small amount of money in the grand scheme of things, but a powerful snub when pointed at MakerDAO.
It's no 'horse head next to you in bed' - but it gets the message across.