Entrepreneurs / Investors

Top 27 Vitalik Buterin Quotes (ETHEREUM)

Top 10 Most Famous Vitalik Buterin Quotes (BEST)

“Whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. Instead of putting the taxi driver out of a job, blockchain puts Uber out of a job and lets the taxi drivers work with the customer directly.”

Vitalik Buterin
If crypto succeeds, it's not because it empowers better people, it's because to empowers better institutions.
If crypto succeeds, it’s not because it empowers better people, it’s because to empowers better institutions.
Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced applications to be built on top.
Bitcoin is great as a form of digital money, but its scripting language is too weak for any kind of serious advanced applications to be built on top.
The industrial revolution allowed us, for the first time, to start replacing human labour with machines.
The industrial revolution allowed us, for the first time, to start replacing human labour with machines.
We just broke over 500 hundred thousand transactions per day for the first time. Which in case you can't divide is something like 7 transactions a second.
We just broke over 500 hundred thousand transactions per day for the first time. Which in case you can’t divide is something like 7 transactions a second.

“I generally support just about every secession attempt that comes along. If, in the future, there is that kind of a dispute in Ethereum, I’d definitely be quite happy to see Ethereum A go in one direction and Ethereum B go the other.”

Vitalik Buterin
Although the Ethereum blockchain is a public blockchain, it is great to see private and consortium blockchains using the Ethereum code base actively under development.
Although the Ethereum blockchain is a public blockchain, it is great to see private and consortium blockchains using the Ethereum code base actively under development.
If World of Warcraft moves onto Ethereum, I’ll consider playing again.
If World of Warcraft moves onto Ethereum, I’ll consider playing again.
I remember knowing, for a while, for a long time, that I was kind of abnormal in some sense.
I remember knowing, for a while, for a long time, that I was kind of abnormal in some sense.

“When I came up with Ethereum, my first thought was, ‘Okay, this thing is too good to be true.’ As it turned out, the core Ethereum idea was good – fundamentally, completely sound.”

Vitalik Buterin

4 Vitalik Buterin Quotes on Ethereum Blockchian

“The thing that I often ask startups on top of Ethereum is, ‘Can you please tell me why using the Ethereum blockchain is better than using Excel?’ And if they can come up with a good answer, that’s when you know you’ve got something really interesting.”

Vitalik Buterin
The technical side of Ethereum's efficacy is 100% an engineering exercise.
The technical side of Ethereum’s efficacy is 100% an engineering exercise.
Initially, I thought that Ethereum was a thing that would be used for people to write simple financial scripts. As it turns out, people are writing stuff like Augur on top of it.
Initially, I thought that Ethereum was a thing that would be used for people to write simple financial scripts. As it turns out, people are writing stuff like Augur on top of it.
ETH 2.0 is finalized except for security audits.
ETH 2.0 is finalized except for security audits.

2 Vitalik Buterin Quotes on Bitcoin

Bitcoin and Ethereum are doing different things. Bitcoin is a digital currency, and the protocol is written to sustain this cryptocurrency. Clearly, Ethereum platform has ETH, it is also a digital currency, but it exists to sustain the protocol.”

Vitalik Buterin
Some bitcoin users see the hard fork as in some ways violating their most fundamental values. I personally think these fundamental values, pushed to such extremes, are silly.
Some bitcoin users see the hard fork as in some ways violating their most fundamental values. I personally think these fundamental values, pushed to such extremes, are silly.

8 Vitalik Buterin Quotes on the Blockchain Technology (CRYPTOCURRENCY)

“The main advantage of blockchain technology is supposed to be that it’s more secure, but new technologies are generally hard for people to trust, and this paradox can’t really be avoided.”

Vitalik Buterin
In order to have a decentralised database, you need to have security. In order to have security, you need to have incentives.
In order to have a decentralised database, you need to have security. In order to have security, you need to have incentives.
The next killer app is not the notes, it’s the links — Uniswap, Decentralized finance, etc. Every application is a component the future ecosystem can gain from.
The next killer app is not the notes, it’s the links — Uniswap, Decentralized finance, etc. Every application is a component the future ecosystem can gain from.
Layer Two chains that are storing data off-chain are going to have a hard time generalizing.
Layer Two chains that are storing data off-chain are going to have a hard time generalizing.

“There is definitely a lot of banks that are interested in private blockchains. In some cases, they are happy with public blockchains as well. The opposition to just doing things on a public blockchain is definitely smaller than some of the strongest detractors think.”

Vitalik Buterin
Many people at different levels of the Russian government are open to crypto-currencies.
Many people at different levels of the Russian government are open to crypto-currencies.
Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war.
Blockchain software companies may end up being amalgamated into existing software giants, at which point blockchain patents will just become part of the existing patent war.
Blockchains will drop search costs, causing a kind of decomposition that allows you to have markets of entities that are horizontally segregated and vertically segregated.
Blockchains will drop search costs, causing a kind of decomposition that allows you to have markets of entities that are horizontally segregated and vertically segregated.

3 Vitalik Buterin Quotes that will Make You Think

“You could imagine something like a completely automated system for renting bikes that’s just done completely over blockchain crypto-payments. And theoretically just sort of start it up, and it works completely autonomously.”

Vitalik Buterin
As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand.
As society becomes more and more complex, cheating will in many ways become progressively easier and easier to do and harder to police or even understand.

“When I was in grade five or six, I just remember quite a lot of people were always talking about me like I was some kind of math genius. And there were just so many moments when I realized, like, okay, why can’t I just be like some normal person and go have a 75% average like everyone else.”

Vitalik Buterin

(MUST READ) The Infinite Machine: How an Army of Crypto-hackers Is Building the Next Internet with Ethereum

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