Ethereum Founder Vitalik Buterin confirms that ~63% of Central Banks are working with Ethereum.

barrydutton (74)in #ethereum • 7 years ago (edited)

Vitalik Buterin, the founder of Ethereum, has confirmed that 63% of central banks are working with Ethereum. Moreover, 44% of public institutions and 50,000 developers are building applications on the platform.
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I have clipped the YT video link above there to the 56 min mark where there up to and after the 58:20 mark or so --- he addressed this issue.

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7 years ago in #ethereum by barrydutton (74)

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fractalfreedom (45) 7 years ago

Those are crazy numbers. Millions of Russians and others read about crypto ruble, and today are asking what is cryptocurrency? Soon China will follow suit and in weeks billion of people will be asking. Get ready guys the rush is coming. We know central banks are no good, but that won't stop them from trying.

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3 votes

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vimukthi (73) 7 years ago

Luckily ETH has tons of problems. It's like the BTC of smart contracts. It's the first and the worst. Newcomers like EOS and even NEO will outdo Ethereum. My concern is that Vitalik is a true genius. He'll improve the tech behind ETH. Lot's of controlfreak governments are stuck in wars and welfare. It's only so far they can go before things go full blown Atlas Shrugged and DAOs become the Galt's gulch in plain sight.

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1 vote

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cryptopie (81) 7 years ago

Eth and central banks are centralized, like minds.

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2 votes

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techwizardry (65) 7 years ago

I hope Vitalik doesn't become the ultimate central banker one day. That will be the biggest irony in the history of the human race.

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4 votes

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vimukthi (73) 7 years ago

That's what EOS is for. EOS claims to be able to run ETH on a single smart contract within itself. Hopefully we'll see this happen soon enough. Then the bankers will be left with outdated tech.

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tommycordero (63) 7 years ago (edited)

This is why I don't like Ethereum. Why would banks want to work on something that is supposed to make them obsolete?

BTW playback for that video is disabled, can't play on Steemit.

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3 votes

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barrydutton (74) 7 years ago

I don't have a good answer for that Tommy.

I could put on the conspiracy hat and come up with some stuff if you like LOL

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tommycordero (63) 7 years ago

I'm not afraid of speculation! Some people only recognize a conspiracy as such after government admits it and the media talks about it...I'm not one of those people.

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1 vote

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rip-youtube (50) 7 years ago

I think the YouTube poster just disabled playback on any site other YouTube. I had to go there and watch it, and I'm anti-YouTube, Facebook, Twitter, and most anything 'establishment' these days. As a matter of fact they've disabled me from commenting on YouTube. They seem to hate me as much as I hate them. That makes me feel warm and fuzzy.

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1 vote

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vimukthi (73) 7 years ago

Hats off to you. I'd also like to suggest click on ads of companies you don't support on websites you don't like. It will result in a wastage of capital. When you see a stupid ad on YouTube, Facebook, Twitter and not like what you are seeing; give it a click.

Also spread the word about Brave browser which is an amazing project.
https://basicattentiontoken.org/

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vimukthi (73) 7 years ago

What they actually want is a FEDcoin where they can track all your money and tax and confiscate whenever and however they want. NEO is on bed with China. Our hope is EOS. Let's wish @Dan best of luck. Russia has already begun their CryptoRuble. Guess communism is a stain you can't wash simply wash away.

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cryptoforce (43) 7 years ago

IMF already announced that it is creating a centralized digital coin to replace banks. Remember folks it is all about control decentralized will never be allowed to happen unfortunately.

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1 vote

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ycz (33) 7 years ago

In my view the first thing we need is crypto that are completly untracable and truely decentralized exchanges.
Once that is in place people won't have so much risk and everyone willhave the choice between using the government currency or a decentralized one. I suspect most sheople will be using the government one, especially if the other ones are made illegal, but who knows.
The IMF thing scares me alot more than China or Putin making it illegal, they could make it illegal worldwide, I do not think that the enthusiasm of the witch Christine Lagarde is for decentralized cryptos rather the mark of the beast government controlled digital currency.

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minnowpond (62) 7 years ago

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cloudspyder (59) 7 years ago

This make the price of ether to exceed BTC.

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g0nr0gue (56) 7 years ago

Video is unavailable... :-(

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melip (61) 7 years ago (edited)

No video

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colivingclub (36) 7 years ago

I'm not sure if those numbers are real because a lot of people today is still hearing for the first time about cryptocurrency at all. By the way, the video link doesn't work.

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STEEM 0.21

TRX 0.25

JST 0.038

BTC 95634.12

ETH 3333.35

USDT 1.00

SBD 3.08

Ethereum Founder Vitalik Buterin confirms that ~63% of Central Banks are working with Ethereum.

My Philosophy In Daily Life & Travels:

My path to Crypto is with you guys and we are on the path to Liberty.

We are all early adopters here, if you are even close to reading this today.

Be encouraged.

Life Goals:

If you liked this blog post - please Resteem it and share good content with others!

Some of my recent blogs:

Most stock Images / Gif's day to day- usually via Giphy.com , Funny or Die.com, Imgur.com, PixaBay unless otherwise noted, with thanks.

Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.

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