Ethereum’s Vitalik Buterin Said That Crypto Must Expand Beyond Finance

Cryptos and their underlying technology have been gaining massive popularity in 2020 despite the global crisis triggered by the coronavirus pandemic.

Bitcoin has also been gaining more investors, and the predictions about the king coin’s price are getting more and more bullish following the halving.

We’re living during a massive crisis these days that’s been triggered by the coronavirus pandemic but also by the killing of George Floyd.

Crypto represents a way for people to control their money

Ethnereum’s Vitalik Buterin addresses the crisis in the middle of which we are and said that this is not a financial crisis despite the quantitative easing, the emergency stimulus checks, and the volatile markets.

He also explained why cryptocurrency represents a new way for people to control their money as opposed to a US dollar replacement.

Bitcoin was born out of a crisis

He also explained that Bitcoin is a financial tool.

Buterin also said that finance is less important this decade compared to the past one.

In terms of pricing, today, the crypto market looks bloody with Bitcoin and the other coins trading in the red.


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Vitalik Buterin
Vitalik Buterin

Vitaly Dmitriyevich "Vitalik" Buterin is the co-founder of Ethereum, the world's most popular smart contract platform that enables developers to build decentralized applications (at the time of wirting this, ETH has a market cap pf $2B). Prior to his development of Ethereum, Buterin was the co-founder of Bitcoin Magazine.

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Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

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