Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: codehash on January 04, 2022, 05:37:28 PM
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Buterin still believes that “the internet of money should not cost more than 5 cents per transaction” and highlighted Ethereum’s continued efforts to improve the blockchain’s scalability capabilities.
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues.
Buterin started the Twitter thread by addressing his article dated July 23, 2013, in which he highlighted Bitcoin’s key benefits — internationality and censorship resistance. Buterin foresaw Bitcoin’s potential in protecting citizens’ buying power in Iran, Argentina, China and Africa.
However, Buterin also noticed a rise in stablecoin adoption as he saw Argentinian businesses operating in Tether (USDT). He backed up his decade-old ideas around the negative impacts of Bitcoin regulation.
https://cointelegraph.com/news/ethereum-white-paper-predicted-defi-but-missed-nfts-vitalik-buterin