Ethereum co-founder Vitalic Buterine shared three “big” opportunities that have yet to materialize. According to Buterin, these three opportunities will soon be among the most talked about in the crypto world.
Buterin conducted an interview with David Hoffman, one of the partners of Bankless. He shared his perspective on the crypto industry in 2023, responding to Hoffman’s concerns that the “wave of adoption” for decentralized applications is now over and there are “less opportunities” for developers to come and create new decentralized applications.
Vitalik Buterin put aside the current feelings of uncertainty and underlined the need for improvements to the ‘wallet infrastructure’ to facilitate the use of crypto and increase adoption.
The Ethereum co-founder commented, “If you can make a wallet that a billion people will use, it’s a huge opportunity.”
The second area, where Buterin believes there are great opportunities, is a ‘business’ that can withstand both on-chain and macroeconomic conditions.stablecoin‘ happened. Buterin thinks that a hyperinflation-proof and globally accessible stablecoin would be revolutionary.
“If you can make a stablecoin that can withstand any kind of problem, including US dollar hyperinflation, it will be a revolution.”
Buterin did not offer any technical suggestions on how this could be achieved.
Finally, Buterin, EthereumHe pointed out any potential developments that would contribute to obtaining login authorizations from Facebook, Google, Twitter and other central monopolies. According to the co-founder, developments in this area will also increase the market dominance of the Ethereum network.
“If you can log in and work with Ethereum and remove Facebook, Google, and Twitter from being the login masters of the internet, that’s a great opportunity in itself, isn’t it?”
Koinfinans.com As we reported, Buterin recently noted that the opportunity to fill market gaps has become less obvious due to increased competition and the maturation of the market.
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Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.