Ethereum co-founder Vitalik Buterin questioned the authenticity of the Rothschild banking empire after rumors emerged of its plans to enter the cryptocurrency market.
‘Old-money-type High Society People’
In various posts in the /r/ethereum subreddit on May 26, Buterin focused on the potential impact of the Rothschilds’ IMMO project, adopting a critical perspective about their presence as a market force.
“Are ‘the Rothschilds’ even well-coordinated enough to be worth caring about as a group these days?” he queried on Reddit.
[…] If old-money-type high society people want to make their own currencies, go ahead, more power to them; see you in the moderately-free market.
Are “the Rothschilds” actually remotely as powerful and coordinated as the conspiracy theorists seem to believe, or are they just a group of old-money socialites and all that other stuff is overhyped?
Help me learn and decide! https://t.co/rYcyEHhM6F
— Vitalik “Not giving away ETH” Buterin (@VitalikButerin) May 26, 2018
Rothschild IMMO Rumors Abound
Reports about IMMO first surfaced in the local cryptocurrency industry press last week. While all information is based on rumors and leaked information, it is thought the Rothschilds plan to create a Tether-like stablecoin which its creators would tie to gold or similar commodities.
Other theories tie IMMO to The Economist, a publication which first floated the concept of a “world currency” in the late 1980s and which is also owned by the Rothschilds…