Experts call for a return to the original vision of Bitcoin to achieve the separation of currency and state.

According to Deep Tide TechFlow news on June 11, Cointelegraph reported that Dr. K, co-founder of Quai Network, pointed out in a recent comment that the Crypto Assets industry has deviated from the original vision of Bitcoin established by Satoshi Nakamoto. He emphasized that while blockchains like Ethereum and Solana offer flexibility and performance, they sacrifice the core value of Decentralization, making them susceptible to manipulation by government and corporate interests.

In particular, Dr. K pointed out that Coinbase controls about 11.42% of the staked ETH, and that this centralization is contrary to the original purpose of cryptocurrency. He also criticized venture capital for recentralizing control through token allocations and board seats, recreating the power dynamics that Bitcoin is trying to eliminate.

Experts believe that the crypto ecosystem should recommit to developing tools for absolute financial independence, rather than chasing trends or institutional recognition. Only by returning to the original vision of Bitcoin can we achieve the separation of money and state, regaining control of currency through a trustless, censorship-resistant system.

BTC-0,77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)