PANews reported on April 29 that Ethereum co-founder Vitalik Buterin posted a message emphasizing that the Ethereum Foundation (EF) has set two core goals: 1. Increase the usage of Ethereum; 2. Enhance the decentralization and flexibility of Ethereum. Pierre Rochard, vice president of research at crypto mining company Riot Platforms, questioned this.
Rochard pointed out that the two goals of the Ethereum Foundation to "increase Ethereum usage" and "enhance Ethereum decentralization and resilience" are of no help in increasing the value of ETH, because the use of Ethereum can be achieved through wBTC or USDT. He believes that these goals are partly foundational platitudes and partly cosmetic. As an alternative, Rochard suggested that the Ethereum Foundation should conduct an initial public offering (IPO) on the Nasdaq Stock Exchange and implement the ETH treasury strategy through convertible bonds.
