- Ethereum co-founder Vitalik Buterin joins Bankless Shows for an interview.
- Buterin says 2022 was a year of both great disruption and success for the cryptocurrency industry.
- Vitalik highlights a big opportunity in wallet infrastructure to onboard more users.
YouTube channel, Bankless Shows recently posted a video with show hosts Ryan Sean Adams and David Hoffman, interviewing Ethereum’s Vitalik Buterin to explore incoming opportunities in the cryptocurrency landscape in 2023.
The video starts off with Buterin reminding the audience to remember 2022 not just for all the massive failures in the crypto industry but also for all the technological adoptions that the market has experienced alongside the positive impact it has made on the rest of the world.
Buterin says that the Ethereum Merge was something the blockchain has been looking forward to since its inception, and as of September 15, Ethereum has reduced its energy consumption by 99.9%. Moreover, the Merge has been a huge success in terms of both security as well as usability.
In addition, Ethereum has experienced a major increase in sign-ins and adoption. Buterin also claims that Ukraine defending itself from invasion via funds received in the form of cryptocurrency is another big win for the community.
In terms of opportunities that await the industry in 2023, the Ethereum co-founder shares that now is the time for further developments in wallet infrastructure to streamline everyday use and onboards billions of users.
The tech entrepreneur also adds that creating a hyperinflation-resistant and globally accessible stablecoin is a huge opportunity that is yet to be explored while explaining,
If you can make a stablecoin that can actually survive anything up to, and including, a U.S. dollar hyperinflation, that’s a huge opportunity as well if you can create something that will feel like a lifeline for everyone going through that situation.
Buterin concludes the interview by sharing that if Ethereum is able to “unseat” Facebook, Google, Twitter, and additional centralized powers as the login “overlords” of the internet, that will position Ethereum as a dominant force in the market and create a huge opportunity for the web3.0 landscape.