Vitalik Buterin shares new proposal to build a fairer crypto economy

“Two years ago, when I proposed this idea, many treated it with scorn, misrepresenting the idea as asking for government bailouts. Here, though, I am not proposing anything to do with governments; rather, I am proposing that project teams put into their terms of service an expectation.

The only request to governments is that appropriate rules get passed so that bankruptcy courts acknowledge the legitimacy of such arrangements.”

– Vitalik Buterin, Co-founder of Ethereum

Buterin also extended his vision to meme coins, suggesting that such projects donate a portion of their issuance to charitable causes, helping whimsical cryptocurrencies foster a sense of community and shared responsibility.

Buterin also advocates for airdrops that favor individual users and public good contributors and encourages governance models that prevent the concentration of power.