Ethereum co-founder Vitalik Buterin outlined the evolving utility of cryptocurrency beyond financial transactions. He highlighted advancements such as zk proofs for reputation and identity, lower-cost p2p cross-border payments, decentralized social networks, and anti-censorship voting systems. Buterin emphasized the importance of blockchain technology in enhancing privacy and integrating enterprise applications. His comments were in response to concerns about the dominance of meme coins overshadowing substantive blockchain developments.

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