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Ethereum co-founder Vitalik Buterin has criticized gold as a decentralized alternative to money, calling it “incredibly inconvenient” and “difficult to use, particularly when transacting with untrusted parties.” He also pointed out how gold does not “support safe storage options like multisig” and also claimed that “gold has less adoption than crypto, so crypto is the better bet.” Buterin’s statements came in response to American cartoonist Zach Weinersmith, who said that the only argument he has heard about crypto “that makes sense within the believer’s own framewor ...
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