Speaking on Bitcoin: “In some ways, the number of critics matters much less than the strength of the supporters.”
In an recent podcast interview with The Stakeborg Talks, co-founder of Ethereum, Vitalik Buterin spoke candidly on a wide range of issues including his early attraction to mathematics and problem solving, the potential of decentralized autonomous organizations, or DAO’s, as well as his perspective on Bitcoin’s community and the non fungible token, or NFT, space.Early on in the conversion when inquired on his preference for career title, Buterin — a modest entrepreneur with an animated passion for his profession — referred to himself as a tech philosopher, and as such perhaps coined the term.Paraphrasing the infamous scholar and warrior quote from Athenian historian Thucydides, Buterin drew perspectives on the shifting dichotomy between the tech industries dogma of continual advancement and the abstract space carved out for thought-leaders in philosophy.When asked whether we see a flippening of Ethereum surpassing Bitcoin not only in price value, but also as a store of value asset, he simply replied “It could”, before expanding his viewpoint:“I think the big difference between Ethereum and Bitcoin is that Bitcoin is a platform where the value of the ecosystem comes from the value of the currency, but in Ethereum the value of the currency comes from the value of the ecosystem.”Ethereum’s highly-anticipated London hard fork upgrade in mid-August is enhancing the network’s transaction payment system, mostly notably with transaction fees and miner revenue.
