Saturday, January 24, 2026
DIGESTWIRE
Contribute
CONTACT US
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Blog
  • Founders
No Result
View All Result
DIGESTWIRE
No Result
View All Result
Home Blockchain

Ethereum Founder Vitalik Buterin Criticizes Forced Bitcoin Adoption and ‘Anything Goes’ Crypto Culture

by DigestWire member
January 24, 2026
in Blockchain, Crypto Market, Cryptocurrency
0
Ethereum Founder Vitalik Buterin Criticizes Forced Bitcoin Adoption and ‘Anything Goes’ Crypto Culture
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Vitalik Buterin warns crypto about centralization

The post Ethereum Founder Vitalik Buterin Criticizes Forced Bitcoin Adoption and ‘Anything Goes’ Crypto Culture appeared first on Coinpedia Fintech News

Ethereum founder Vitalik Buterin has delivered a message to the crypto industry: being open does not mean being uncritical.

In a wide-ranging interview, Buterin warned that crypto communities risk long-term damage if they blindly support powerful figures or projects simply because they boost prices or visibility. According to him, the hardest but most important task for crypto is learning what to support—and what to reject.

“Luna Was Not Built on Ethereum by Accident”

One of Buterin’s most striking remarks was about the collapse of Terra’s Luna ecosystem.

He said it was no coincidence that Luna was not built on Ethereum, suggesting that Ethereum’s culture and standards acted as a filter. While Ethereum is an open system, Buterin argued that communities still shape outcomes through the values they promote.

“You can’t prevent all bad behavior in open systems,” he said, “but you can refuse to encourage it.”

The Risk of Attracting the Wrong Crowd

Buterin explained that crypto is a high-variance space. It attracts some of the most thoughtful innovators—but also bad actors.

The danger, he said, is reputation. Once a community becomes known for welcoming anyone without scrutiny, it can quickly attract figures like Do Kwon, whose actions later damage trust across the entire industry.

“If you’re too ‘friendly,’ you don’t just attract builders,” Buterin said. “You also attract the worst players.”

A Sharp Criticism of Bitcoin Maximalism

Buterin reserved some of his strongest criticism for parts of the Bitcoin community.

He argued that Bitcoin supporters often unconditionally celebrate rich or powerful people who publicly back Bitcoin—without questioning their methods or political behavior.

As an example, he pointed to Nayib Bukele, whose government enforced Bitcoin adoption through a top-down mandate.

According to Buterin, many Bitcoin advocates ignored concerns about democracy and personal freedom simply because a country was “adopting Bitcoin.”

“When price goes down and adoption is forced,” he said, “the whole thing becomes unsustainable.”

Why Top-Down Crypto Adoption Fails

Buterin stressed that crypto works best when adoption is voluntary, not enforced.

In El Salvador’s case, he said, Bitcoin usage failed to grow meaningfully because people were required, not convinced, to use it. When prices fell, public support collapsed with it.

For Buterin, this was a lesson in how not to introduce crypto to society.


Ethereum’s Different Approach

Buterin said the Ethereum community has tried—though imperfectly—to take a different path.

That includes:

  • Encouraging experimentation without glorifying bad behavior
  • Calling out scams, hacks, and unethical conduct
  • Avoiding blind loyalty to powerful backers

Ethereum, he argued, “dodged a bullet” by not becoming the home of certain high-risk projects.

What Can Actually Be Done?

Buterin was realistic. He admitted there are limits to what any open system can control.

But he said communities still matter:

  • They can educate users
  • They can refuse to celebrate harmful actors
  • They can support responsible innovation
  • They can work with regulators without abandoning decentralization
Read Entire Article
Tags: BlockchainCoin SurgesCoinPedia
Share30Tweet19
Next Post
Grayscale Files Spot BNB ETF Application With US SEC — Report

Grayscale Files Spot BNB ETF Application With US SEC — Report

Part of historic pier washed away during storm

Part of historic pier washed away during storm

Minneapolis residents shelter immigrant children separated from parents and sought by federal agents

Minneapolis residents shelter immigrant children separated from parents and sought by federal agents

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result
Coins MarketCap Live Updates Coins MarketCap Live Updates Coins MarketCap Live Updates
ADVERTISEMENT

Highlights

How PopWheels helped a food cart ditch generators for e-bike batteries

6 Portland protesters arrested outside downtown hotels

One found dead after cooking-related house fire in Dexter

Ugandan opposition leader claims wife held ‘at gunpoint’ after ‘hundreds of soldiers’ raided his home

Should Trump be given more time with King after president’s Afghanistan remarks?

Championship club Preston North End FC holds talks with Chelsea suitor

Trending

Upbeat India target series win against New Zealand in Guwahati
Cricket

Upbeat India target series win against New Zealand in Guwahati

by DigestWire member
January 24, 2026
0

New Zealand have been blown away in the two games so far and will need a special...

Jennifer Aniston’s Iconic ’90s Boots Look Is Trending (Again)

Jennifer Aniston’s Iconic ’90s Boots Look Is Trending (Again)

January 24, 2026
Furious Rod Stewart Slams ‘Draft Dodger Trump’ for Insulting NATO Troops’ Bravery in Afghanistan: ‘We Lost Over 400 of Our Guys… and Trump Calls ‘Em Cowards — It’s Unbearable’

Furious Rod Stewart Slams ‘Draft Dodger Trump’ for Insulting NATO Troops’ Bravery in Afghanistan: ‘We Lost Over 400 of Our Guys… and Trump Calls ‘Em Cowards — It’s Unbearable’

January 24, 2026
How PopWheels helped a food cart ditch generators for e-bike batteries

How PopWheels helped a food cart ditch generators for e-bike batteries

January 24, 2026

6 Portland protesters arrested outside downtown hotels

January 24, 2026
DIGEST WIRE

DigestWire is an automated news feed that utilizes AI technology to gather information from sources with varying perspectives. This allows users to gain a comprehensive understanding of different arguments and make informed decisions. DigestWire is dedicated to serving the public interest and upholding democratic values.

Privacy Policy     Terms and Conditions

Recent News

  • Upbeat India target series win against New Zealand in Guwahati January 24, 2026
  • Jennifer Aniston’s Iconic ’90s Boots Look Is Trending (Again) January 24, 2026
  • Furious Rod Stewart Slams ‘Draft Dodger Trump’ for Insulting NATO Troops’ Bravery in Afghanistan: ‘We Lost Over 400 of Our Guys… and Trump Calls ‘Em Cowards — It’s Unbearable’ January 24, 2026

Categories

  • Blockchain
  • Blog
  • Breaking News
  • Business
  • Cricket
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Football
  • Founders
  • Health Care
  • Opinion
  • Politics
  • Sports
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

© 2020-23 Digest Wire. All rights belong to their respective owners.

No Result
View All Result
  • Home
  • World
  • UK
  • US
  • Breaking News
  • Technology
  • Entertainment
  • Health Care
  • Business
  • Sports
    • Sports
    • Cricket
    • Football
  • Defense
  • Crypto
    • Crypto News
    • Crypto Calculator
    • Blockchain
    • Coins Marketcap
    • Top Gainers and Loser of the day
    • Crypto Exchanges
  • Politics
  • Opinion
  • Strange
  • Blog
  • Founders
  • Contribute!

© 2024 Digest Wire - All right reserved.

Privacy Policy   Terms and Conditions

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.