Cryptocurrencies and blockchain technologies are getting more and more popular day by day. In fact, this situation progressed so fast that these currencies, which few people knew about a few years ago, have even managed to become the official currency of the country called El Salvador, showing that these technologies will become more widespread in the future.
It would not be wrong to say that Ethereum (ETH) is the largest cryptocurrency after the leading cryptocurrency Bitcoin (BTC). Ethereum, which has a solid infrastructure, has managed to rise so high thanks to its technology and features. As such, the founder of this cryptocurrency, Vitalik Buterin, has also become a very popular name. The 28-year-old programmer has now been on the cover of TIME, one of the most respected magazines in the world.
‘Prince of Krypton’
Buterin, which we have conveyed to you with the clothes he wore in the past weeks, has now gone down in history as the cover of the double issue of TIME magazine in March and April. . Described as the ‘Prince of Crypto’ by the magazine, Buterin conveyed his hopes, thoughts and concerns about the cryptocurrency markets in an 80-minute interview.
The 28-year-old programmer said in his statements that he expects to see blockchain as a ‘tool for social change’. Buterin; He added that he hopes this technology will solve many systemic problems, from weak voting systems to city planning, monopoly in the technology sector and even authoritarian regimes.
Also, emphasizing his sadness about the Russia-Ukraine war, Buterin added that he plans to make more noise on social change in the coming days, and underlined that crypto should have a positive impact on the world.
“Crypto greed has risen”
Buterin also expressed his concerns about cryptocurrencies. Stating that cryptocurrencies can cause at least as much harm as good, Buterin said in his statements, “Crypto has a very dystopic potential if it goes in the wrong direction.” The Canadian programmer also noted that greed and status-seeking are on the rise in crypto; He also expressed his concern about this issue.
Buterin, who managed to enter TIME’s ‘100 Most Influential People of 2021’ list in the past months, refers to the collections of cryptocurrencies such as Bored Ape Yacht Club (BAYC), which is a very popular NFT collection of monkey photos recently. and pointed out that NFTs are used for ‘greed’.
Expressing his concerns about over-enthusiastic investors, transaction costs and public show of wealth, Buterin said in his statements regarding monkey NFTs, “The danger in this matter is the monkey photos that were paid $3 million. “I can say that this is just another version of gambling,” he said.
The famous programmer also emphasized that the main purpose of cryptocurrencies is not to pay millions of dollars for monkey photos, but to provide beneficial effects to the world, by citing the crisis between Russia and Ukraine for the last three weeks and the aid collected with cryptocurrencies.
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