The reason for his statement was the publication in The Guardian, which reported that the Sweden government against the backdrop of the growth of geopolitical tension called on citizens more often to use cash.
“The countries of Northern Europe abandon the concept of“ non -cash society ”, since their centralized systems turned out to be unreliable. Cash is still needed as a backup asset. Ethereum can be quite stable and private to take on this role, ”said Butaterin.
He also added that the implementation of completely autonomous and protected private transfers is already close, although it is not devoid of restrictions.
“We understand how to do this, but there is a nuance: any solution depends either on the reliability of the equipment or on the mechanisms of preventing double expenses,” he explained.
In addition, Buterin again emphasized that he intends to pay more attention to confidentiality and tools for safe interaction within the crypto community.
Earlier, Vitalik Buterin was inspired by the minimalistic design of Bitcoin and called on the developers to simplify the basic protocol of the etherium, preserving the network security parameters.
Source: Bits
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