The co -founder of Ethereum, Vitalik Buterin, has released a warning article about Trump, political coin coins and the current state of the cryptocurrency industry.
Butertin emphasized that Gensler left a gap in distinguishing token to manage tok token, which created conditions for many bad guys to operate.
Buterin vs Trump: struggle for the future of cryptocurrencies
Vitalik Buterin, co -founder of Ethereum, is increasingly worried about Trump and other political coins. In one post On the social network, buterin clarified the long -term vision for the cryptocurrency industry, affirming that “we have entered a new order” in the past year.
He noted that the acceptance of the financial industry for cryptocurrencies has created conditions for bad guys to develop:
“Now is the time to talk about the truth that large -scale political currencies exceed the limit: they are not only entertainment, harm only within voluntary participants, but also tools. For unlimited political bribes, including from foreign countries, ”Buterin said.
For Buterin, Trump’s launch is an important impression. Nearly 94% of the token was held by 40 wallets, and the scam had appropriated nearly $ 1 billion, taking advantage of the exaggeration around Trump and Melania.
Typically, US presidents cannot conduct private businesses while they are at their office. Therefore, Trump’s meme Coin Coin has caused great concerns, even outside the cryptocurrency industry.
However, Buterin did not completely blame Trump or any other famous meme Coin publisher. He noted that former SEC president Gary Gensler created a hole in the securities law by classifying governance tokens into a separate concept.
In the view of Butterin, Gensler “never was honored as a hero, even among those who doubt the cryptocurrency,” due to this gap.
The former SEC chairman was criticized and hated by the cryptocurrency industry for its suppressions, even after approving a Bitcoin ETF. Gensler has never provided clarity in the rules or closed holes in current regulations.
However, with the advantage of the past view, buterin claimed that the reaction of cryptocurrencies, “part of compliance, a rebellious part,” led directly to Trump. But he still saw a positive direction.
“There is a bright future of capital allocation mechanisms that can be built. We can find ways to ensure the adjustment with the wishes of the community as well as protect important values such as privacy, security, open standards and open source. The acceleration is coming, our mission is to choose the most positive direction possible, ”he ended.
Buterin emphasized that the entire DEFI community is responsible for educating new people for long -term satisfaction and property construction, aiming to raise real tokens and proactively protect the space from this self -destructive market logic. .
He proposed a philosophy of “optimistic technology” or “accelerating defense” to move forward.
