As Sweden and Norway abandon their cashless initiatives, Ethereum co-founder Vitalik Buterin views the shift as an opportunity for decentralized solutions. He stresses the importance of resilience in systems like Ethereum, especially for those relying on centralized infrastructures that have proven to be fragile.
Buterin suggests that while some believe decentralized finance is secure, critical limitations such as dependence on power and internet connectivity must be addressed. The use of stablecoins could provide a necessary boost in enhancing resilience for cashless transactions.
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