According to Ethereum co-founder Vitalik Buterin, many people have been drawn in by politicians using crypto to drum up support with little substance behind their positions.
Vitalik Buterin, one of the co-founders of Ethereum, is warning against voters supporting political candidates who claim to favor cryptocurrencies without understanding the technology’s underlying goals.on crypto users to look into candidates’ previously stated views on digital assets as an indication of where their positions might change in the future, assuming they hold them at all.
“If a politician is in favor of your freedom to trade coins, but they have said nothing about the topics above, then the underlying thought process that causes them to support the freedom to trade coins is very different from mine ,” said Buterin. “This in turn implies a high risk that they will likely have different conclusions from you on issues that you will care about in the future.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Vitalik Buterin backs new blockchain MegaETH as it raises $20 million at '9-figure' token valuationMegaLabs, the developer of a new blockchain called MegaETH, has raised $20 million in a seed funding round at a '9-figure' token valuation.
Read more »
Vitalik Buterin Offers Crucial New Security Practice for EthereumVitalik Buterin believes implementing this practice will make Ethereum better and safer
Read more »
Vitalik Buterin Explains Main Difference Between Crypto 5 Years Ago and NowVitalik Buterin highlighted key difference between market today and 5 years ago
Read more »
Ethereum Founder Vitalik Buterin: There's Too Much InvestmentVitalik Buterin believes industry is not receiving necessary investments
Read more »
The Daily: Vitalik's EthCC keynote, Germany transfers another $638 million, Starknet token stakingVitalik Buterin discusses hypothetical Ethereum 51% attacks, StarkWare proposes Starknet token staking and more.
Read more »
Vitalik Buterin Reflects On Strengths, Weaknesses of Ethereum, 'Hardening' the BlockchainMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Read more »