Cryptos, a no-brainer – With Vitalik Buterin and Charles Hoskinson in particular, Joseph Lubin is part of 8 co-founders originals from the blockchain network Ethereum (ETH). Speaking about the future of cryptocurrencies, Lubin considers that the Russian-Ukrainian conflict caused a real paradigm shift in the adoption of Bitcoin (BTC) and its ilk.
Bitcoin Adoption Now “Unstoppable”?
Electricity, automobiles, Internet… According to a popular formula inherited from Schopenhauer, these revolutionary new technologies went through 3 phases: shot in ridiculousdenounced as dangerousand finally, become a evidence.
Bitcoin and cryptocurrencies clearly experienced the first and second stage of this triptych. Past their denigration systematic, all bankers, politicians and regulators have wanted in recent years “manage risks” related to crypto-assets.
But according to Joseph Lubinco-founder of Ethereum, the cryptosphere would be returning to its obvious phase with the events surrounding the Russian intervention in Ukraine. As Decrypt relates, it was during the conference Camp Ethereal 2022 that Lubin said about the use of cryptocurrencies in this armed conflict:
“(…) this is a new chapter for our sector (…) [Cette guerre] represents crossing the chasm to mass adoption [des cryptos]. Now we are on national security issues. It’s going to be so deep, it’s creating a tipping point for our industry, because it’s clear that our technology is very powerful and unstoppable. »
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Cryptos, a “powerful weapon” for States?
Effectively, cryptocurrency donations flock massively to Ukraine, donations which are used to buy military equipment to the Ukrainian armed forces, which unfortunately risks in return prolonging the war and its suffering.
This resounding success, which brought in several tens of millions of dollars on the crypto addresses of Ukrainian leaders could inspire other states according to Joseph Lubin:
” [Les crypto-actifs] will be used by many different nations, regardless of what other nations say or do. And this means that each nation must: create a policy [adéquate], learn, and begin to use these tools. »
The co-founder of the Ethereum network also clearly qualifies this tool that are cryptos, as a “powerful weapon” for countries.
A weapon whose United States can’t afford to miss out. Despite the recent decree, rather constructive, of Joe Biden on the cryptocurrency sector, Joseph Lubin indeed considers that the USA has a lot “dragging of feet”and should quickly recover.
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