Vitalik Buterin Blames President Biden for High ETH Gas Prices
Usurping control of the microphone at the executive's first press conference Thursday, Ethereum co-creator Vitalik Buterin brazenly blamed President Joe Biden for the ridiculously high ETH gas prices.
“I'm tired of getting attacked,” said Buterin of the community rage stemming from processing fees that are often higher than the ETH transactions themselves. “Especially when we all know the PRESIDENT is historically responsible for the price of gas!”
An ETH gas fee that is approximately three times the price of the transaction, an unfortunate problem that has caused creator Vitalik Buterin to blame President Joe Biden.
Buterin's accusation has come under scrutiny from some in the cryptocurrency space, particularly from those who think Ethereum's infrastructure is innately flawed.
“Yes, Ethereum has inescapable problems, but what does it matter?” said blockchain specialist Dr. Leonard Mingus. “It's all moot. Flare Networks is coming.”