Ethereum Creator Vitalik Buterin Argues Against Supporting only ‘Pro-Crypto’ Politicians
Ethereum co-founder Vitalik Buterin, on Wednesday, warned against voting candidates solely based on their crypto support. His comments come at a time when politicians, particularly Republicans are using crypto to influence the US elections.
Against choosing your political allegiances based on who is "pro-crypto"https://t.co/rEbRjZYtFB
— vitalik.eth (@VitalikButerin) July 17, 2024
Vitalik Buterin cautioned the crypto community that merely voting candidates based on their “pro-crypto” stance without understanding the technology’s primary goals.
“I argue that making decisions in this way carries a high risk of going against the values that brought you into the crypto space in the first place.”
He advocates for a broader evaluation that aligns with the fundamental values of decentralization, privacy and technological freedom. He stressed on how early advocates promoted decentralization to safeguard individual freedoms beyond financial transactions.
Buterin’s warning comes at a time when Donald Trump, who claims himself a pro-crypto presidential nominee, recently picked pro-Bitcoin senator J.D. Vance (R-Ohio) as his choice for running mate.
Vitalik Buterin has further called crypto users to look into crypto-friendly politicians’ view on cryptos 5 years ago.
“Similarly, look up their views on related topics, such as encrypted messaging five years ago. This can be a good guide on what kinds of changes to their views might happen five years in the future,” he wrote.
Buterin has used Russia’s example to illustrate how “crypto-friendly” policies can be applied to benefit the government. He argues the community to be vigilant and avoid blindly supporting politicians who might use crypto support to further authoritarian agendas.
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