Andre Cronje Breaks the Silence After Going Dark in March

Andre Cronje shocked the cryptocurrency world just a little over a month in the past and hasn’t stated a phrase since. This ended immediately when he fired an entry on Medium, giving some context to his departure.

What Happened With Andre Cronje?

Back at the starting of March, Andre Cronje – largely identified for the creation of Yearn Finance (YFI) – all of a sudden disappeared from the crypto scene. With no prior rationalization or discover, Cronje was gone.

Breaking the announcement was Anton Nell – a senior options architect at the Fantom Foundation. At the time, Cronje was working intently on Fantom and its ecosystem.

Andre and I’ve determined that we’re closing the chapter of contributing to the defi/crypto house. There are round 25 apps and providers that we’re terminating on 03 April 2022. – Wrote Nell.

Many speculated that this isn’t the finish for Cronje’s involvement in the trade as he had shut down his Twitter account on earlier events as properly. And but, greater than a month later, we hadn’t heard something from him. Until now.

Is Cronje Coming Back?

The brief reply is – possibly. Cronje filed a Medium entry on April 18th titled The rise and fall of crypto tradition. 

Without going by way of it in-depth, Cronje argues that the present state of ‘crypto culture has strangled crypto ethos.’ He explains that the ethos is centered round ideas reminiscent of self-sovereign rights, self custody, self-empowerment, and so forth. Whereas “crypto culture is concepts like wealth, entitlement, enrichment, and ego.”

Cronje arrives at some extent the place he thinks laws are needed “not as a mechanism to prevent, but as a mechanism to protect.” He argued that the present iteration of the trade will “become the badlands, where unknown wallets lurk in the shadows,” however we may also see “the rise of a new blockchain economy, not one driven by greed, but instead driven by trust, not trustlessness.”

At the finish of the day, he stated he’s very enthusiastic about the “new future,” though he additionally made it explicitly clear that he “won’t step foot” in crypto in its present iteration.