Vitalik Buterin sull’inflazione: una nuova prospettiva sull’aumento dell’offerta di valuta nella comunità crypto

Vitalik Buterin supports the right of the crypto community to redefine the concept of “inflation”. 

The co-fondatore di Ethereum afferma che la comunità crypto dovrebbe definire l’inflazione come l’aumento dell’offerta di valuta, sfidando così le tradizionali definizioni economiche e contrastando la disinformazione.

Let’s see all the details below. 

Vitalik Buterin: redefining inflation in the crypto sphere 

As anticipated, Vitalik Buterin, co-founder of Ethereum, stated that the crypto community has already “claimed the right to slaughter” the term inflation.

I commenti di Buterin sono arrivati in risposta a un post su X della società di media digitali Axios, che sosteneva che la parola “inflazione” ora significhi prezzi elevati piuttosto che l’aumento dei costi.

Despite the “ironic” nature of Axios’s post, as suggested by the X community notes (CN), CN clarified that “the definition of inflation is not changing”. 

In his post on Farcaster, Buterin discussed the definition of inflation by Axios, insisting that the crypto community has already redefined the term.

“[…] We have already decided that now it only means the increase of the total supply of a currency.”

The confutation of Buterin to the Axios post received the support of other Farcaster users, including the former Coinbase employee Binji.eth.

Traditionally, inflation refers to the increase in the general level of prices of goods and services, which reduces purchasing power because money is worth less. 

Tuttavia, il cambiamento semantico nella ridefinizione culturale dell’inflazione, come descritto da Buterin, suggerisce che l’inflazione globale in corso deriva dal fatto che “l’offerta totale” è essenzialmente illimitata.

Buterin’s commitment to DeFi

Buterin has recently turned to Farcaster on several occasions, promoting soluzioni e iniziative focused on the community that prioritize privacy protection and the resolution of exploits.

From the proposal of remedies for the problem of miner extracted value (MEV) on Ethereum to the promotion of social media based on zero-knowledge (ZK) technology, Buterin’s involvement in the decentralized community has been constant.

However, it has not yet addressed the growing concerns of the community regarding the entry of Ethereum Foundation researchers, Dankrad Feist and Justin Drake, into the ranks of EigenLayer.

The decision to become consultants for EigenLayer in exchange for a substantial compensation in EIGEN tokens has sparked a heated debate in the crypto community.

Some members praised the transparency of the revelations, while others criticized the decision, suggesting that “the enormous compensation” might have influenced the decision-making process.

Vitalik Buterin pays tribute to Kabosu, the legendary Shiba Inu of Dogecoin

Vitalik Buterin has recently expressed his condolences for the passing of the legendary Shiba Inu dog, Kabosu. In this way, he has once again shown his support and respect for the Dogecoin community.

Vitalik Buterin tweeted “Rest in peace Kabochan” in response to the tweet from Kabosu’s owner, Atsuko Sato (@kabosumama), about the death of the Shiba Inu dog at the age of 19. 

In 2010, Kabosu became famous thanks to her viral photos on the Internet. In 2013, inspired by this Doge meme, Billy Markus and Jackson Palmer created the first criptovaluta meme, Dogecoin (DOGE).

Kabosu has become the mascot of DOGE and has gained further popularity with the expansion of the Dogecoin community.

Upon the death of Kabosu, many prominent figures in the crypto community, including Elon Musk, the official Dogecoin account, and DOGE founder Markus, paid tribute to Kabosu, sharing the grief of the Dogecoin community. 

Musk tweeted that the dog had “ascended to heaven” and the creator of DOGE posted a meme with Kabosu talking to Death, in which the latter says to the dog: 

“They told me you were the best.”

This is not the first time that Buterin shows respect for the DOGE community. Previously, the founder of Ethereum made several large donations to the Dogecoin Foundation. 

In 2021, Buterin became a member of this organization with the intent to propose various improvements for DOGE, including the transition of DOGE from the proof-of-work algorithm to the proof-of-stake algorithm.