Ethereum’s Co-founder, Vitalik Buterin, has been branded by mainstream media as being a pessimist after he spoke to Bloomberg and declared that the the blockchain ceiling had been reached. He also added that there was no more room for the 1,000-times growth in the value of cryptocurrencies as everyone was hoping for. His exact words were:
The blockchain space is getting to the point where there’s a ceiling in sight. If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.