Ethereum Founder Vitalik Buterin Has This to Say About Elon Musk’s Hostile Twitter Bid

[claireokc]

Market chatter over the past few days is about Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk’s $54.20 per share offer to take Twitter, Inc. (NYSE:TWRT) private. Several high-profile investors and corporate CEOs have had thoughts on the development, and the latest to join the discussion is Ethereum (CRYPTO: ETH) founder Vitalik Buterin. Don’t Oppose, But… Buterin said he doesn’t oppose Musk taking over the reins of Twitter, especially considering the platform’s status quo position. The Ethereum founder quoted a tweet from Robin Hanson, associate professor of economics at the George Mason University, to explain his views. Hanson made a point that hostile takeovers should be allowed, as he sees it as a “powerful under used” way to discipline management. Buterin differed with him in opposing the more generalized enthusiasm for wealthy people/organizations going about a hostile takeover of media firms. “That could easily go *very* wrong,” he said. ...

Source: https://www.theepochtimes.com/ethereum- ... 09462.html