The Ethereum co-founder said he had observed the Russian government espousing crypto while acting as an authoritarian regime.
Vitalik Buterin, one of the co-founders of Ethereum, is warning against voters supporting political candidates who claim to favor cryptocurrencies without understanding the technology’s underlying goals.
In a July 17 blog post titled “Against choosing your political allegiances based on who is ‘pro-crypto,’” Buterin called on crypto users to look into candidates’ previously stated views on digital assets as an indication of where their positions might change in the future, assuming they hold them at all. He pointed out that some people running for office — without naming any specific country — have been labeled as “pro-crypto” but have not necessarily made their positions clear on privacy in communications, digital identity, and access to information.
“If you see a ‘pro-crypto’ politician today, it’s worth it to explore their underlying values, and see which side they will prioritize if a conflict does arise,” said Buterin.