Remember The Time When Vitalik Buterin Proposed Creating An Ethereum Country? Here's What He Said

Earlier this year, in February Ethereum ETH/USD co-founder Vitalik Buterin discussed an ambitious proposal to create an entirely new ETH country.

What Happened: Buterin, on Feb. 8, appeared on a podcast "The Network State" hosted by Balaji Srinivasan to discuss the concept of creating a new country.

Buterin was asked, "If you could start a new country, how would you? And "Would it be Ethereum-based?"

Buterin said that the importance of recognizing that not all people begin from the same point of agreement would be important. Building a successful ETH world means avoiding the “trap of intersectional activism,” where a community might form “around one cause” and gradually add on other demands. 

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Buterin also warned that in a new city or new country founded by people in the Ethereum community there “shouldn't be any impression that if you're an Ethereum person, you’ll have to like a certain thing.”

At the same time, he also saw a great deal of momentum within the Ethereum ecosystem and said that the crypto world, “AI, and Ethereum world are natural places to start anything new, and they will inevitably be big parts of any new city or country created.”

Price Action: At the time of writing, ETH was trading at $1,905.82, up 2% in the last 24 hours, according to Benzinga Pro data.

This story was originally published on Feb. 9, 2023.

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Posted In: CryptocurrencyNewsMarketsBalaji SrinivasanEthereumICYMIVitalik Buterin
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