Vitalik Buterin says ‘shame on bitcoin maximalists’ who support El Salvador’s president in forcing businesses to accept the cryptocurrency | Currency News | Financial and Business News

0
44
Ethereum co-creator, Vitalik Buterin.

  • Vitalik Buterin said “shame on bitcoin maximalists” who uncritically praise El Salvador’s President Nayib Bukele.
  • Making businesses accept a specific coin goes against the “ideals of freedom” important to crypto, the ethereum co-founder said.
  • Pushing bitcoin to millions of people without educating them is “reckless” and could lead to scams, the crypto billionaire said.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

Ethereum co-creator Vitalik Buterin has called out “bitcoin maximalists” for their uncritical support of President Nayib Bukele’s efforts to make the token an everyday currency in El Salvador.

The 27-year-old crypto billionaire criticized enthusiastic proponents of bitcoin who back the Salvadorean leader, in comments suggesting he doesn’t believe Bukele’s enthusiasm for enforcement should be applauded.

“Shame on everyone (ok,…

Read more…