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@ Layer3.news
2025-05-28 15:19:46
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ETHEREUM COFOUNDER VITALIK BUTERIN SEES OPPORTUNITY AS SWEDEN AND NORWAY DITCH CASHLESS ASPIRATIONS
https://cdn.decrypt.co/wp-content/uploads/2025/05/Ethereum-Vitalik-Buterin-decrypt-style-decrypt-source-01-gID_7.png
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✍️ Ethereum co-founder Vitalik Buterin thinks decentralized systems like Ethereum could be a viable alternative to attempts by Sweden and Norway to make their societies cashless, citing the need for resilience and privacy.
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👉 Sweden and Norway pulled back on their cashless society initiatives due to vulnerabilities in their centralized payment systems
👉 Decentralized systems like Ethereum are designed to be resilient and private
👉 Offline functionality and privacy concerns are major challenges that need to be addressed
👉 Stablecoins could be a solution to the problem, but they also have their own questions about resilience and privacy
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#VitalikButerin #SamMacPherson #AnthonyAnzalone #HarrieBickle #StacyElliott #Sweden #Norway #Ukraine #technology
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