Ethereum founder Vitalik Buterin recently issued an important warning to the cryptocurrency community, warning them not to blindly support politicians just because they appear supportive of cryptocurrencies.
In a blog post published on July 17, Buterin specifically called out the lack of support for “internationalism” and expressed deep concern about it.
He stressed that in the current context of increasing concerns about cryptocurrency regulation in the EU and the U.S., members of the cryptocurrency community are increasingly inclined to take political stances into account. This trend has led to a pressure that people choose which candidates and parties to support based on their tolerance and friendliness towards cryptocurrencies.
Buterin warned that unthinking support for politicians who appear to be pro-cryptocurrency could go against the core values that attracted us to the cryptocurrency space in the first place. He reminded us that these politicians could quickly change their stances and suggested that we review their policy changes over the past five years to better understand their true intentions.
Buterin stressed that we need to make sure that the politicians we support are supporting cryptocurrencies for the right reasons and that their long-term goals are not just to oppose other "bad tribes." He concluded that if they really do, then of course it's a good thing, but he also stressed the importance of clearly expressing why we support them. This is not only a test for politicians, but also a reflection on our own values.
Vitalik Buterin on Cryptocurrency and Internationalism
Vitalik Buterin recently stressed the importance of internationalism in the crypto industry, especially regarding cross-border access and participation. He noted that many politicians do not show the proper concern for the global community, a point that he extended to immigration policy in his criticism.
Buterin believes that the nature of the cryptocurrency industry is international, so immigration law is closely related to crypto law. He raised a key question: “Which politicians and which countries really understand this?” He emphasized that the facilitation of visa policies has had a significant impact on participation in cryptocurrency industry events in recent years, and called for more attention. and improve this.
Buterin further pointed out that if we support politicians simply because they support cryptocurrencies, we may overlook their positions on other critical issues. He warned: "If a politician is just a narcissist seeking power, or they are pushing bills that make it harder for your friends from China or India to attend the next crypto conference, all they need to do is make sure you can easily trade your currency." This shows that before we support any politician, we should consider their policy positions in their entirety, not just their stance on cryptocurrencies.
With this statement, Buterin reminds us that true internationalism and support for immigrants are key to the health of the cryptocurrency industry, not just support for cryptocurrencies themselves. We need to find political leaders who truly understand and support this vision.
Duality of regulatory policy and the problem of power concentration
Vitalik Buterin recently made a profound criticism of the current cryptocurrency regulatory policies. He pointed out that many current regulatory measures not only fail to promote the healthy development of cryptocurrencies, but also limit their innovation potential and decentralized characteristics to some extent. The implementation of such policies not only hinders the natural expansion of the industry, but also leads to excessive concentration of power.
In his analysis, Buterin specifically mentioned Russia's cryptocurrency policy. He observed that while the Russian government ostensibly supports cryptocurrencies, its actual actions contradict its stated stance. The Russian government appears to be using cryptocurrencies to circumvent international restrictions, but it has imposed restrictions on personal use of cryptocurrencies domestically. This contradictory approach is not only puzzling, but also raises concerns about the concentration of power.
Buterin further pointed out that politicians who are quick to express support for cryptocurrencies may not really understand or support the idea of cryptocurrencies. He believes that these politicians may be more motivated by a pursuit of power or trying to please those who crave power. He warned that if this trend continues, cryptocurrency regulatory policies may end up moving towards the concentration of power rather than true decentralization and freedom.
He stressed that real support should be based on a deep understanding of the concept of cryptocurrency and consideration of the long-term development of the industry. Therefore, he called on the cryptocurrency community to think deeply about the motivations and possible consequences behind any politician or policy when supporting it, and to ensure that these policies are truly in line with the long-term development of cryptocurrency and the concept of decentralization. Only in this way can cryptocurrency realize its original vision of becoming a free, open and decentralized financial instrument.
Conclusion
Vitalik Buterin's warning reminds us that supporting cryptocurrency should not be based on superficial positions, but should be based on a deep understanding of the motivations and long-term goals behind it. The core value of cryptocurrency lies in its decentralized, free and open characteristics, which must be protected from being eroded by centralized power and short-sighted policies.
In the context of internationalism, we should focus on the global community, promote cross-border cooperation, and ensure that the development of the cryptocurrency industry has a global perspective. At the same time, regulatory policies should promote healthy and sustainable growth rather than become a tool to restrict innovation.
Ultimately, we should be guided by the core values of cryptocurrency, support political leaders and policies that truly understand and promote this vision, and work together to promote a free, open, and decentralized financial future.
