The team at Time also interviewed the Ethereum creator where they discussed all things crypto and blockchain.
To begin with, Mr. Buterin expressed his fears at the potential of blockchain technology deviating on a tangent to cause more harm than good. He went on to give an example of overeager investors in the NFT industry. He said:
The peril is you have these $3 million monkeys and it becomes a different kind of gambling.
However, Vitalik expressed optimism that Ethereum and blockchain technology will be used for the greater good through all sorts of sociopolitical experimentations such as ‘fairer voting systems, urban planning, universal basic income and public-works projects’.
Vitalik also added that he wants Ethereum ‘to be a counterweight to authoritarian governments and to upend Silicon Valley’s stranglehold over our digital lives’. He however acknowledged that the decentralized nature of blockchain meant that Ethereum was in the hands of its developers, investors and users.
Trolls Target Vitalik for Featuring on Time Magazine
Vitalik’s appearance on the cover of Time magazine’s first-ever NFT issue elicited mostly positive reactions from the crypto community.
However, there were those who went on to troll the Ethereum creator for having graced the cover of the famous magazine.
Mr. Buterin highlighted some of the negative reactions through the following Twitter thread. He also went on to shrug off the criticism via a joke about mistaking Tom Brady for Tom Cruise from the Mission Impossible movies.
I didn't even know who Tom Brady is, had to ask people around me. My best guess was that he was the actor from Mission Impossible. pic.twitter.com/MLWVcbtPHc
— vitalik.eth (@VitalikButerin) March 18, 2022
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