Ethereum founder: unhappy with Twitter CEO's Bitcoin-based DeFi strategy and Zuckerberg's meta-space strategy

Ethereum founder Vitalik Buterin said in an interview that Twitter (TWTR.US) CEO Jack Dorsey (Jack Dorsey) expressed skepticism about Mark Zuckerberg's comments on his financial plans in Bitcoin and the "Meta Universe "from Facebook's" The Changing Economy ".

Vitalik Buterin pointed out that while Bitcoin is now the largest cryptocurrency by market value, its main goal is not to save money. Bitcoin smart contracts don't have this. Jack Dorsey is said to have developed his own policy to enforce these rules.

Regarding Mark Zuckerberg's approach, Vitalik Buterin said Zuckerberg is working hard to predict what will happen to the internet. Because now people have "just a lot of skepticism" about Facebook, so building their own platform can end up being a failure. Vitalik Buterin reveals that Mark Zuckerberg has created what he calls the "meta-edge" on top of an existing blockchain.

Blockchain and cryptocurrencies have grown rapidly over the past decade, and their strategies are starting to challenge leaders in finance, technology, and devices. Facebook and Twitter for JP Morgan Chase (JPM.US) and Goldman Sachs Group (GS.US) Many companies are trying to integrate blockchain into their existing businesses. However, many young, fast growing companies are emerging in this space, highlighting the potential to disrupt the industry.

Buterin said blockchain technology poses a serious threat to Facebook, Twitter and other social networks. He said, “You can see established businesses ultimately being defeated by new businesses. "