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The creator Ethereuma spoke about the future of cryptocurrency.

Posted by luba66 Lyubov Sultanova on June 05, 2021 - 9:32am


Ethereum co-founder Vitalik Buterin took part in a three-hour podcast by artificial intelligence researcher Lex Fridman.  He shared his opinion on Dogecoin and commented on the current trends in the cryptocurrency market.

 

 During the interview, Buterin was asked if he was afraid of "dog" cryptocurrencies, hinting primarily at the Dogecoin meme, as well as Shiba Inu.  To this, the entrepreneur replied that he did not believe that they were competing.  Nevertheless, Buterin said that in some ways Ethereum is even close in spirit to Dogecoin.  He is also not against the merger of such tokens with Ethereum and sees such a merger as a prospect for users.

 Buterin harbors no illusions that cryptocurrencies can radically change the world for the better.  He does not believe that even if digital money completely replaces cash, wars will end and world peace will suddenly come.

 

 Regarding the legal status of cryptocurrencies, the creator of Ethereum believes that the best outcome will be one in which governments and society will simply accept the blockchain, as it once happened with the Internet.  He is also confident that governments do not have a real opportunity to ban cryptocurrencies and cease their existence and circulation, even with a strong desire.

 The interview also highlighted the growing influence of Ethereum in the cryptocurrency market.  He stated that Tesla and SpaceX will have to start accepting the coin as a means of payment at some point, if, of course, these companies resume cryptocurrency payments.

 Buterin also commented on the Shiba Inu token donation he made last month.  Recall that the entrepreneur exchanged them for Ethereum and donated to charity.  As a result, the cost of Shiba Inu fell by about 30 percent.  The businessman believes that he did the right thing, despite the discontent of the holders of these "dog" coins.

Sincerely, Lyubov Sultanova!

Caleb Mpamei Interesting story. Thanks for sharing, Lyuba.
June 5, 2021 at 8:35pm
Bill Rippel An interesting interview. One persons opinion, right or wrong ??
June 5, 2021 at 3:29pm
Svetlana N thanks for the info
June 5, 2021 at 10:23am