Vitalik Buterin, co-creator of Ethereum said, “The Argentine crypto community is one of the largest I’ve seen in the world.”
The co-creator of Ethereum a decentralized open-source blockchain with smart contracts functionality. and its most prominent figure, Vitalik Buterin, was in Argentina for a vacation. He hadn’t really said anything, but when the community learned of his presence they invited him to participate in activities. In a talk he gave at the Usina del Arte, he assured that “the argentine crypto community is one of the largest”. who saw “all over the world”.
“I am very impressed with Argentina. I’ve never seen so many people into cryptocurrencies as here. In other countries they believe in theory but here Argentines are really connected and know about crypto because it solves real problems.”
He added: “I didn’t expect the size of the Argentine crypto community: the amount of projects, the amount of people interested, make the Argentine crypto community one of the largest I’ve seen anywhere else in the world so far.”
Beyond going on vacation, which was his initial goal (he did it without telling anyone), Buterin wanted to get to know “the argentine crypto community ”.
His trip was a boom. The media tells the story Clarín that Buterin was asked whether he liked “to be a rockstar”, due to the popularity he had these days in Argentina, with many photos on social networks. “Oh, cielos…” he replied with a chuckle.
“People here seem very smart and motivated. The difference between Argentina and other richer countries is that there are people who are enthusiastic about crypto, but here you see a genuine enthusiasm and that they are really solving real problems. ”, Buterin continued. “The fact that cryptocurrencies are giving value to a lot of people today is a very valuable thing. That spirit is something that I find very exciting to see.” he added.
How crypto can help Argentina
To the question “How could decentralization the handover of control from a central authority to several different custodians. help Argentina?” Buterin’s answer was: “The impression I have of Argentina is that it has a low state capacity but a lot of capacity in its people. This is often the best ecosystem for projects to flourish, people understand that they have to see how to avoid being hit by inflation a general increase in prices and fall in the purchasing value of money. and that’s why they are open to new ideas.
“Crypto are really big opportunities for small, non-winning countries over the last 50 years. And many consequences are impossible to predict: a good science fiction author predicts the future, a great author, a bottleneck.”
According to the account an account is essentially a whose purpose is to track the financial activities of a specific asset/ Clarín When the programmer confirmed that he would be giving the talk, tickets to hear him live sold out in less than 10 minutes.
Also, last Saturday at noon he shared with former President Mauricio Macri at a lunch with entrepreneurs and leaders of startups and unicorns. She also met the renowned artist Marta Minujín, with whom she was photographed.
More of your words
Buterin dijo: “Argentina has the perfect environment for blockchain. Argentines are constantly moving money around to avoid inflation. They know how money works. So, they are open to new ideas and can understand perfectly what cryptocurrencies are all about.”
On NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. technology, Buterin wondered: “Are they going to survive a down cycle? We don’t know yet. They’re growing, but the next time BTC or ETH goes down in price, are NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). going to go down 50% or more? We don’t know yet. Are they going to last? It remains to be seen.” .
Buterin also commented on the large number of cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. scams: “There are things that we as a community can do to solve problems. An example of illegal activity is scams: society and especially in countries with little education are very affected. I think as a community we can do more to warn people about scams.”
As for decentralization, he said:
“Money needs to be decentralized. But so do the rest of the applications. Specifically, we need decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. social networks”.
In addition, although he believes that there will be price falls and we should “prepare ourselves mentally to survive that.” crypto will survive. “Bitcoin is Bitcoin. Both cryptocurrencies (Bitcoin and Ether) have a lot of people who dedicate their lives to them and that’s why they are not going to disappear. We are digital digital technologies are these electronic tools that have the ability to generate, store or even process data. nations”. .
As for advice for an 18 year old he said:
“The world is open to you. You’re entering a point where elements of the old order are collapsing, but we’re also at a time where we don’t quite know what the world is going to look like: it’s your opportunity and responsibility to be part of trying to understand the solution and build it.”
You can watch the full conference here:
Version of DiarioBitcoin
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