Ethereum

Ethereum’s Vitalik Buterin Opposes Supporting Political Candidates Based Solely on ‘Pro-Crypto’ Positions

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Ethereum co-founder Vitalik Buterin shared his thoughts in a blog post Wednesday, opposing the support of candidates solely on the basis of their “pro-crypto” status.

Buterin, considered Ethereum’s intellectual leader, has argued against supporting candidates based solely on their positions on cryptocurrencies. He wrote that “by publicly giving the impression that you are supporting ‘pro-crypto’ candidates simply because they are ‘pro-crypto,’ you help create an incentive gradient where politicians come to understand that all they need to do to get your support is to support ‘cryptocurrencies.’”

Buterin added that “it doesn’t matter whether they also support banning encrypted messaging, are power-hungry narcissists, or are pushing for bills that make it even harder for your Chinese or Indian friend to attend the next cryptocurrency conference — all politicians have to do is make it easy for you to trade.”

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