Acne Buterin his statement caused debate Justin Sana




Ethereum Creator Vitalik Buterin clarifies his recent statement that cryptocurrencies will no longer grow in 1000 times. Buterin told Bloomberg that “if you talk to an educated person, he probably heard about the blockchain at least once. There is no way another 1000-fold increase of something in Cryptoprotected”. However, this statement does not agree Justin San, the founder of TRON.

Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, responded to comments Baterina. “Acne is great, but I have to disagree with him on this occasion. This technology, which will affect how will be constructed the economic, social and political systems over the next several decades. So we really are at the beginning of this. There will be many stages of evolution,” said Lubin in an interview with CNN.

In a new series of tweets, Buterin offers to understand their views on the future growth of digital currencies.

To be clear, I never said that there is “no room for growth” in the crypto ecosystem. I said there is no room for *1000x price increases*. A 1000x price increase from today means $200T in crypto, or ~an entire 70% of today’s global wealth being in crypto.

— Vitalik Non-giver of Ether (@VitalikButerin) September 12, 2018

What I *actually* said is that, because large portions of the population have already heard of crypto, further growth of crypto in any sense, must come from *depth* (ie. actual usage), and not bringing in more attention

— Vitalik Non-giver of Ether (@VitalikButerin) September 12, 2018

Me: obviously, let’s be realistic, the entire world wealth is not going to turn into cryptocurrencies…


Guys, if you spin things this way you’re *incentivizing* people to act more like @justinsuntron

— Vitalik Non-giver of Ether (@VitalikButerin) September 12, 2018

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