Vitaly Buterin spoke about the government, fiat currency, religion and the Proof of Work

On December 31, 2018, the founder of the Ethereum blockchain, Vitaly Buterin, published a series of tweets with thanks to those groups that he considers to be “external” or do not usually thank – both inside and outside the cryptocurrency space. He included Bitcoin supporters, governments, fiat money, religions, centralized applications, Proof of Work , etc.

Buterin began his “New Year's Speech” with thanks to the Bitcoin community. According to him, Bitcoin supporters do a lot for the development of “technology of freedom”, which is very important and valuable, but is often overlooked in cryptospace. In particular, this concerns developments in the field of open hardware.

He also noted the cohesion of the Bitcoin community in the face of various failures and added that, despite the tightening of regulation, in 2019 many of its representatives are likely to remain active – unlike supporters of other cryptocurrencies .

Another reason for gratitude to the Bitcoin community is the work done by them on the development of the Lightning Network , implemented without holding an ICO and similar events to raise funds.

Buterin also thanked national fiat currency, which managed to maintain stability for many years, and added that “monetary policy is difficult”.

The creator of Ethereum has found warm words for governments of different countries that have successfully maintained a largely peaceful and stable world order since 1945, which allowed more than 1 billion people to get out of extreme poverty, and many newborns never to experience for themselves that such

Thanks were also expressed to the administration of US President Donald Trump, who supported the reform of the criminal justice system in the country.

Despite the commitment to decentralization, Buterin could not help but note the convenience and ease of use of centralized applications such as Twitter.

In his theses, he also mentioned religions, which, in his opinion, definitely contain deeply embedded knowledge of how to motivate people and unite them.

The expert also thanked the mainstream media for “excellent work” in covering those events and phenomena in cryptospace that deserved praise or criticism. The popular portal CoinDesk received a special praise for not responding after the boycott of their event in May 2018 announced by Buterin.

Words of gratitude were also found for Proof of Work, despite earlier statements about him. Buterin noted the simplicity of the protocol, which makes it easy to explain, even for high school students.

In conclusion, the creator of Ethereum thanked the professors of universities, the interaction with which he considers useful for himself, despite the fact that he himself did not finish his studies at the university.

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