Business Wars Encore: Crypto Wars | New Kids on the Blockchain | 5
8 snips
May 24, 2023 
Vitalik Buterin, the 19-year-old creator of Ethereum, shares his journey of revolutionizing the blockchain landscape. He discusses the inception of Ethereum, its smart contract capabilities, and the subsequent explosion of new cryptocurrencies. He highlights the chaos of Coinbase amid a surge of new investors and the impact of celebrity endorsements on the crypto market. Buterin also touches on the rising tensions within companies navigating fluctuating cryptocurrencies and the intense competition from emerging platforms like Robinhood.
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Buterin's Debut
- In January 2014, 19-year-old Vitalik Buterin presented Ethereum at a Bitcoin conference.
- His revolutionary blockchain project and its fundraising method changed crypto.
Ethereum's Potential
- Ethereum allows applications to be built on its blockchain, acting as a world computer.
- It also facilitates the easy creation of new cryptocurrencies and tokens.
Gemini's Ether Gambit
- Gemini became the first regulated US exchange to offer Ether.
- This strategic move boosted Gemini's user base and revenue due to Ether's rising price.
