Ethereum's founder is worried about its future, says he wants blockchain to serve as a 'counterweight to authoritarian governments'
Vitalik Buterin, the founder of the $Ethereum(ETH.CC$ Network, which houses the world’s second most popular cryptocurrency, Ethereum, is unfathomably wealthy and successful.
Despite his unprecedented success, the 28-year-old financial tech guru is not exactly optimistic about the future of cryptocurrency.
He told Time Magazine that “Crypto itself has a lot of dystopian potential if implemented wrong.”
Time reported that the Buterin’s creation, the Ethereum Network, is a trillion-dollar financial “ecosystem that rivals Visa in terms of the money it moves” and that “Ethereum has brought thousands of unbanked people around the world into financial systems, allowed capital to flow unencumbered across borders, and provided the infrastructure for entrepreneurs to build all sorts of new products.”
$Bitcoin(BTC.CC$ $Dogecoin(DOGE.CC$
Despite his unprecedented success, the 28-year-old financial tech guru is not exactly optimistic about the future of cryptocurrency.
He told Time Magazine that “Crypto itself has a lot of dystopian potential if implemented wrong.”
Time reported that the Buterin’s creation, the Ethereum Network, is a trillion-dollar financial “ecosystem that rivals Visa in terms of the money it moves” and that “Ethereum has brought thousands of unbanked people around the world into financial systems, allowed capital to flow unencumbered across borders, and provided the infrastructure for entrepreneurs to build all sorts of new products.”
$Bitcoin(BTC.CC$ $Dogecoin(DOGE.CC$
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Josh Menard : honestly crypto is my first investment in my entire life I'm new to investing but I see the potential for this if done right and not used by government for evil