randomm

Ethereum Cofounder Vitalik Buterin Sees Opportunity as Sweden and Norway Ditch Cashless Aspirations

"Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile," Buterin said.

Ethereum co-founder Vitalik Buterin thinks ETH could be a viable alternative to attempts by Sweden and Norway to make their societies cashless. The countries pulled back recently after discovering that centralized payment systems collapse when physical infrastructures fail.

But in the crypto world, this move prompted a different response: The idea that decentralized systems could take on the role.

Ethereum Cofounder Vitalik Buterin Sees Opportunity as Sweden and Norway Ditch Cashless Aspirations

"Nordics are walking back the cashless society initiative because their centralized implementation of the concept is too fragile," Buterin said.

Ethereum co-founder Vitalik Buterin thinks ETH could be a viable alternative to attempts by Sweden and Norway to make their societies cashless. The countries pulled back recently after discovering that centralized payment systems collapse when physical infrastructures fail.

But in the crypto world, this move prompted a different response: The idea that decentralized systems could take on the role.

https://decrypt.co/322398/vitalik-buterin-ethereum-sweden-norway-cashless