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Vitalik: The ultimate decision on the success of cryptocurrency is the practical application of technology

Vitalik: The ultimate decision on the success of cryptocurrency is the practical application of technology

CointimeCointime2024/07/25 03:34
By:Cointime

Vitalik, the co-founder of Ethereum, recently stated on the "Bell Curve" podcast that the actual application of technology determines the success or failure of cryptocurrency. If cryptocurrency can become mainstream, or at least a trusted alternative like Linux, then it can be considered a success.For example, Ethereum accounts can replace social account logins, or cryptocurrency can become a part of the financial system, DAO can become an alternative for enterprises or non-profit organizations, and decentralized social media or prediction markets can succeed.On the other hand, if the cryptocurrency field is remembered as a group of idealists gradually decreasing their cries, or a group of people trading digital monkeys and celebrity photos, it would be a disappointing result.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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