At the EthCC conference, Ethereum co-founder Vitalik Buterin delivered a keynote speech urging blockchain developers to focus on freeing humanity through their technologies.
User Freedom as a Priority
Buterin stressed the importance of user freedom in the context of developing new technologies. "If you are building something, the first question to ask is: Are you making your users free?" he noted in his speech.
Risks of Institutional Influence on the Crypto Industry
By urging developers to consider the social and moral implications of their projects, Buterin also pointed out the risk that institutional players could undermine the core principles of crypto-anarchy. The situation where "freedom is sacrificed for growth" raises concerns among the crypto community.
Division in the Crypto Community
The crypto industry faces a split between those focused on growth and those who wish to preserve the ideals on which it was founded. This has created an "invisible tug-of-war" between advocates of traditional finance and those who insist on the values of decentralization.
Vitalik Buterin's speech highlights the need for cryptocurrency developers to maintain their focus on increasing human freedom, which is the fundamental purpose of the crypto industry.
