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Notable DAO and NFT Comment from Ethereum Co-Founder Vitalik Buterin

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Written by   7
11 months ago
Topics: Crypto

Vitalik Buterin, co-founder of Ethereum, shared his thoughts on NFTs and DAO 's in an interview.

In a recent podcast interview, Ethereum co-founder Vitalik Buterin shared his views on many topic rights, especially DAOs (decentralized autonomous organizations) and NFTs.

Clear Explanation From Buter To The Bitcoin Question!

The young entrepreneur, who is passionate about his profession, described himself as a “philosopher of technology” when asked about his career title choice. To the question about whether Ethereum can surpass Bitcoin in terms of value, he simply said, “It could be,” and gave the following statement:

  • “I think the biggest difference between Ethereum and Bitcoin is that the value of the bitcoin ecosystem comes from the value of the currency, but in Ethereum it is a platform where the value of the currency comes from the value of the ecosystem.”

How Do You See the Future of DAOs?

Vitalik Buterin answered the question of whether DAO's will be the next sector to emerge in the cryptocurrency ecosystem after the DeFi and NFT sector:

“I think DAO 's will definitely be even more important going forward. I don't think there are still major shortcomings in the DAO field. However, there may be minor problems. I think we'll see how things go soon."

NFT comment by Vitalik Buterin:

Finally, Ethereum Co-Founder Vitalik Buterin, who commented on the rapid exit of NFTs, shared some information about the structure that shows interest in digital assets:

“I think NFTs are culturally interesting. It brings the group of people who are completely independent of DeFi and outside the standard profile in the cryptocurrency space to Ethereum.”

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Avatar for Sinless
Written by   7
11 months ago
Topics: Crypto
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