Monday, September 25, 2023
HomeEthereumEthereum’s Vitalik Buterin Names Three ‘Huge Opportunities’ in Crypto Right Now

Ethereum’s Vitalik Buterin Names Three ‘Huge Opportunities’ in Crypto Right Now

Ethereum (ethereum) founder Vitalik Buterin says there are three big opportunities in the cryptocurrency industry right now.

Buterin took part in an episode of the Bankless podcast, layout What he sees as the three biggest opportunities that currently exist in the crypto space.

Ethereum’s creators first cited cryptocurrency wallets as one “big” opportunity, admitting that the idea was less obvious than before.

“I think it’s important to recognize that there are definitely fewer things that are easy to achieve right now.

Next, Buterin said that stablecoins are likely to be the sector of the crypto industry that will see the next big innovation emerge.

If we can create a stablecoin that can actually survive up to and including US dollar hyperinflation, DOGE forbids US dollar hyperinflation to actually happen. Create something that feels like a lifeline for anyone going through such a situation.

A third opportunity Buterin has identified is using cryptocurrencies to threaten Big Tech’s hegemony on the internet.

Being able to sign in to Ethereum and get work done, kicking Facebook and Google and Twitter out of the internet’s login dominance is a huge opportunity in itself, isn’t it? There are still things, but they are more difficult to build. “

ETH is trading at $1,175 at the time of writing, up 0.17% over the past 24 hours.


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Featured image: Shutterstock/jovan vitanovski/Plasteed

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