Vitalik Buterin Does Not Believe Crypto Could Replace Traditional Currencies

According to the Russian-born programmer and one of Ethereum’s Founders – Vitalik Buterin – such a scenario where bitcoin and the altcoins become more dominant than traditional currencies is unlikely: “I do not expect cryptocurrencies to take over the world. It’s about cryptos and digital and governments.” Prior to the COVID-19 pandemic, Buterin praised fiat money for having done a “reasonably good job of being stable” in the last few decades.