Ethereum co-founder Vitalik Buterin reveals the 3 big opportunities that have not yet materialized in the crypto world in an interview with Bankless co-owner David Hoffman.
Highlights of the Interview
Vitalik Buterin has described three huge yet-to-be-realized opportunities in crypto as mass wallet adoption, inflation-resistant stablecoins and Ethereum-powered website logins. While sharing his predictions about the crypto industry in 2023, Vitalik Buterin mentioned that more improvements should be made in the existing wallet infrastructures so that crypto can also be used by the public and billions of users can adopt crypto. Ethereum Co-founder Vitalik Buterin said:
“If you can make a wallet that a billion people will use – that’s a huge opportunity,”
Buterin talked about inflation-resistant stablecoins that have yet to be created in the crypto industry. Buterin thinks that stablecoins that are resistant to any condition and globally accessible will be revolutionary. Vitalik Buterin, who did not give any technical information on how to do this, said;
“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.”
Finally, Buterin mentioned that if Ethereum-supported website logins are possible, Ethereum will provide great market dominance in web-based applications.
“If you can get signed in with Ethereum to work and if you can unseat Facebook and Google and Twitter as the login overlords of the internet, that itself is a huge opportunity, right?”
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