The creator of Ethereum claims that the ‘Elon effect’ will gradually lose influence on cryptocurrencies Vitalik Buterin, the “father” of Ethereum recently gave an exclusive interview with CNN about the recent volatility of the cryptocurrency market. The 27-year-old billionaire said that “the crypto market is in a bubble” and “it is very difficult to predict” when this bubble will burst. According to him, the “golden age” of digital currencies has passed and this crisis can last for several months. Earlier, on the morning of May 19, Coinbase recorded that Ethereum, Buterin’s “pet”, fell more than 40%, to below $ 1,900. By the morning of May 20, this coin had recovered to $ 2,700, however, this is still a low number compared to the record milestone of $ 4,384 that Ether achieved on May 11. The ups and downs of the Ether coin have made Buterin “father” pay a significant price when he is holding an asset worth about $ 1.1 billion, now reduced to only about $ 870 million. At the age of 27, Vitalik Buterin, a Russian-Canadian programmer, is already considered a veteran founder in the tech world having seen multiple cryptocurrency boom cycles over the past few years. “We’ve seen at least three crypto bubbles burst. Usually the reason bubbles end is because something happened. This shows that the technology of cryptocurrencies is still there. not ready,” Buterin said. Since late 2013, when preparing for the launch of Ethereum two years later, Buterin has expressed his vision for cryptocurrencies. According to Buterin: “Cryptocurrency has become more than just a toy. It is almost ready to become mainstream.” In the process of developing “pet” Ethereum, Buterin is also not afraid to assert that there is a possibility that Ethereum will eventually catch up and surpass Bitcoin in market value. However, the programmer also said that the cryptocurrency market tends to be “vulnerable” to disruptive events, before they can “build an immune system over time”. Typical is the influence of some billionaires who are treating cryptocurrency as a toy. Mr. Buterin isn’t shy about mentioning Elon Musk’s name: “Mr Musk’s tweets are something the crypto space has only been getting into for the first time in recent months, literally. I think it’s appropriate. It’s reasonable to expect a bit of madness. Because the market will learn a lot from that and will be immune to the Elon Musk effect.” In addition, Mr. Buterin also asserted that governments cannot completely ban but have the ability to block or restrict access. Therefore, the development of cryptocurrencies also needs to listen to regulations from regulatory agencies to avoid getting into legal troubles. Faced with the crisis of digital currency, the “father” of Ethereum thinks that this is a “quiet” for digital currencies to renew themselves. On the Ether side, Mr. Buterin said the coin’s transaction costs will soon be cut. A major technical overhaul is underway that will allow Ether transactions to quickly scale, while cutting the amount of electricity consumed by mining by 1,000 to 10,000 times. “We’re going to go from consuming energy similar to a medium-sized country to just consuming energy like a village,” Buterin said confidently. According to Buterin, if Ether’s competitors don’t reform technically, Ether will soon outstrip them, such as Bitcoin.

Mr. Nguyen Vu Khac Huy, Director of Vina Phu Quoc Travel and Permanent Vice President of Phu Quoc Tourism Association, said that tourism in Phu Quoc is very exciting now, on average, there are 60 flights a day, more 20 trains and ferries take guests to Phu Quoc. Each week, the company receives an average of 1,000-1,500 visitors, if on holidays like April 30, the number of visitors is expected to nearly double. Currently, the prices of services in Phu Quoc are stable, with no signs of increase. However, according to Mr. Huy, this time, if guests book services such as hotels for the April 30th holiday, places are almost overloaded. Usually on holidays, the prices of services increase 10-30%, but the number of units does not increase much. Accommodation in Phu Quoc has opened nearly 100% of the total capacity, with the exception of a small percentage of properties that are too difficult to close for repair. Tourists take souvenir photos at the tower of Ponargar (Nha Trang). Photo: TUY UYEN Meanwhile, Mr. Nguyen Van Khoa, Chairman of Binh Thuan Tourism Association, said that due to the impact of COVID-19 epidemic, the number of tourists coming to Binh Thuan is not much on normal days. It is expected that this April 30, visitors to Binh Thuan will increase. To open the door to welcome guests during the holidays, Binh Thuan currently has about 16,000 rooms including one to five star accommodation types serving tourists. On the occasion of the holiday, the service price increased by 30%, this is normal because businesses have to pay costs, especially the employee’s salary policy when working on holidays as prescribed … Similarly, Mr. Le Van Son – General Manager of Liberty Central Nha Trang Hotel, Vice President of Nha Trang Hotel Association – Khanh Hoa, said that the unit’s room capacity is currently 70%, this April 30 ceremony is sure will reach 100%. “On this occasion, our room rates hardly increase, if any, it is just a small surcharge. Currently, accommodation establishments in Nha Trang have opened 30-40%. The reason is that companies still find the market uncertain. Maybe close to the holiday, some establishments will open the door to save customers to save costs ”- Mr. Son said. Long-distance tours in the North are also chosen by many guests during the April 30 holiday. Photo: HN According to representatives of Saigontourist travel company, realizing the increasing demand of tourists after Tet holiday, from March the company reopened all the itineraries to domestic tourist destinations such as tours to the Northeast, Northwest, Heritage journey in the Central region to Da Nang – Hoi An – Hue – Quang Binh … Currently, all tours 30-4 by plane have been sold out with promotional prices announced by the company. If you want to buy an airline tour, you will have to follow the new price. Tour price is calculated as the service price at the time of booking. In addition, the company continues to book all package tour services, airline tickets, hotels … for guests in need. A representative of the Ben Thanh travel company said that thanks to good control of COVID-19, visitors are now assured of their willingness to travel, a lot of tourists have booked summer tours, planning travel in April. , 5, 6. The most popular tourist destinations are Phu Quoc, Phan Thiet, Vung Tau, Da Lat and Da Nang. In particular, in order to quench the thirst for summer tourism 2021, the company launched a dream-priced Da Nang tour designed with a 5-star standard hotel, super-promotion price … Accordingly, package tours of three, four days only priced from 3,490,000-4,090,000 VND (including round-trip air tickets) … Currently, more than 500 guests have booked Da Nang tours for the months of April and May; more than 400 customers ordered round-trip flight ticket service and tourist hotel service in Phu Quoc. According to the representative of Ben Thanh tourism, Phu Quoc Island has increased its attractiveness thanks to the launch of new entertainment spots, especially the appearance of Grand World – The City of Sleeplessness brings unique experiences for visitors at Pearl Islands. Similarly, Vietnam Travel Company said it has received nearly 6,500 seats for the occasion of April 30. The favorite destinations are the paradise of Phu Quoc Pearl Island, Phan Thiet; Long-term destinations such as the Six-day North Road …. are also chosen by guests on this holiday.

This year, the laced swimsuits are very popular with Vietnamese stars. The fragility and charm of these designs must be said that the level is max, but the safety for the wearer when going to the pool is extremely little. Imagine if the wave is a little big, hit a little hard, is it easy to slip away … The swimsuit is outstanding, the beauty is irresistible, but the safety when entering the water should be reviewed. Ngoc Trinh possesses many daring designs, tied with suspended rope that seemed to fall slightly. Once, long legs still burned the public eye with a tiny, tiny design. Sam thoroughly shows off the hot curves in the type of tie, this design is somewhat firmer than the above beauties. Practicing diligently, it is not difficult to understand when Phuong Trinh Jolie often chooses super open swimsuits when taking photos on the pool. This stringed knit shirt is super attractive but also easy to deflect when hit by the waves. Tuong Linh is as beautiful as a statue with a super hot design, with true summer color tones. Another set of wings with brilliant patterns Chi Pu also owns many types of lanyards, lightly touching and falling. Swimsuit design mixed with long jacket with super “hot hit” animal skin texture this summer. Quynh Anh Shyn also owns many tiny bikinis in a wardrobe … The baby pants did not look like they did not know how to go in the water.