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Vitalik Buterin warned that without real decentralization, Ethereum and the broader crypto ecosystem will become a short-lived fad like many past generational trends
Vitalik Buterin insisted that open source, censorship resistance and user freedom must never be treated as optional extras in crypto systems
Vitalik Buterin said, “Governance is something where you don’t just need to think about the formal rules being decentralized; you need to think about whether it enables decentralized outcomes,” while criticizing the current governance model of DAO token holders
Vitalik Buterin observed that the internet evolved differently than early Web 1.0 visions, ending up under government and corporate control
Vitalik Buterin argued that DAO token-holder governance often devolves into vote-buying auctions that structurally concentrate power, undermining true decentralization

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EthCC Cannes, Vitalik Buterin urges true action on decentralization

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