In a recent podcast interview with The Stakeborg Talks, co-founder of Ethereum Vitalik Buterin spoke candidly on a wide range of bug, including his early on attraction to mathematics and problem-solving, the potential of decentralized autonomous organizations, or DAOs, his perspective on Bitcoin'southward community and the nonfungible token, or NFT, infinite.

Answering an inquiry as to his preference for career title, Buterin — a modest entrepreneur with an blithe passion for his profession — referred to himself equally a tech philosopher, and as such, perhaps, coined the term.

Paraphrasing the infamous scholar and warrior quote from Athenian historian Thucydides, Buterin drew perspectives on the shifting dichotomy between the tech industry's dogma of continual advocacy and the abstract infinite carved out for thought-leaders in philosophy.

When asked whether we come across a flippening of Ethereum surpassing Bitcoin not only in cost value but also as a store of value asset, he only replied "It could," before expanding his viewpoint:

"I call back the large departure between Ethereum and Bitcoin is that Bitcoin is a platform where the value of the ecosystem comes from the value of the currency but, in Ethereum, the value of the currency comes from the value of the ecosystem."

Ethereum'southward highly-anticipated London hard fork upgrade in mid-August is enhancing the network'southward transaction payment system, generally notably with transaction fees and miner acquirement. Citing this, Buterin continued from the above chat to say:

"Specially post-EIP 1559 when you have the fees burnt, that so becomes true in a more than direct economic sense."

In September, Buterin was featured in the inaugural Time Magazine's 100 pinnacle influential people of 2022 for his integral part in the growth of the Ethereum network to an in backlog of $400 billion market capitalization.  Other recognitions were accorded to leaders in the DeFi and NFT infinite.

Speaking on the ascent of decentralized autonomous organizations, and specifically the evolution of models such every bit quadratic voting and funding, Buterin outlined the Gitcoin DAO and Optimism retroactive public goods experiments as examples of projects evolving the landscape.

When questioned whether DAO'south will become the next sector to sally within the cryptocurrency ecosystem following the successes of decentralized finance and nonfungible tokens, Buterin expressed:

"I think DAOs are definitely going to be more of import over time... In terms of what's still missing from the DAO space, I don't call up in that location's any one big thing, but more a lot of little things. When volition exist the first time a DAO decides to make a strategy pivot, or when volition two DAOs determine to merge? It's the ability to make big decisions and not only continue incrementally on the same path, that's something I think we'll encounter before long."

Related: Vitalik thinks token-based decentralized governance is holding DeFi back

And finally, commenting on the rapid emergence of the NFT space, Buterin shared some insight into the new demographic attracted by the asset:

"I think NFTs have been interesting from a cultural perspective because they bring people into Ethereum that have a completely unlike mindset than DeFi and regular crypto people for example."