- Vitalik Buterin praises the economic orientation of Argentine President Milei, comparing it to American economic policy.
- Buterin highlights Ethereum stake change and successful rollups in 2023.
Today I bring you something interesting: Vitalik Buterin, the co-founder of Ethereum, currently in Argentina, shared his thoughts on the economic situation in the country and the role of the new president, Javier Milei. Additionally, he gave an overview of the progress of Ethereum, a topic that interests us all in the crypto world.
Buterin, known for being one of the brightest minds behind Ethereum, expressed his admiration for the way Milei approached the economy in Argentina. According to Buterin, Milei gave pride of place to the economy, something many current politicians do not do. Buterin sees this as a notable contrast to what is happening in the United States, where he believes that politics has forgotten the economy and what really matters to people.
In a conversation with Santiago Siri and Mauro Ordoñez on Filo News, Buterin said he usually spends his vacations in Argentina, where he connects with the Ethereum community and enjoys his circle of friends.
Here, Buterin highlighted Milei’s uniqueness, not only in terms of personality but also politics. Even if he may seem at first glance uneducated, even a little crazy, Buterin believes that Milei has profound ideas about economic and monetary policy.
Vitalik also commented on the global reactions to Milei’s election, noting that people around the world are impressed by his proposals for the country. Buterin questions the tendency of governments to regulate the economy and be irresponsible when it comes to money printing. In this sense, it supports the idea of greater economic freedom, as proposed by Milei.
But it’s not just politics. Buterin also spoke about the impact of cryptocurrencies and artificial intelligence on society. According to him, these technologies give people the power to resist centralized control.
Speaking specifically about Ethereum, Buterin recalled the move to the Proof of Stake (PoS) protocol, emphasizing how this move has been a community effort, not just on the part of developers.
Looking ahead, Buterin predicts that Ethereum will evolve toward greater security in three stages, establishing different levels of consensus to validate code security. At the same time, he notes that rollups played an important role success for Ethereum in 2023, ensuring security despite their technological complexity.
Buterin’s visit to Argentina not only provided an opportunity to talk about the country’s economic policy, but also to delve into the development and future of Ethereum. His comments reflect a clear view of how cryptocurrencies, and Ethereum in particular, are helping to shape new forms of democracy and economic systems.
With leaders like Milei taking steps toward economic freedom and brilliant minds like Buterin pushing blockchain technology, we are witnessing an era of new monetary actions in politics and technology.