Vitalik Buterin at EthCC: Keep Crypto Open, Don’t Follow OpenAI’s Closed Path

Description

Ethereum co-founder Vitalik Buterin cautions the crypto sector against replicating OpenAI’s closed-model approach, advocating openness, privacy-by-design, and long-term resilience to preserve user sovereignty.

Authors

Harsh Notariya

Publish date

July 2, 2025

Publisher

BeInCrypto

Web URL

https://beincrypto.com/vitalik-buterin-growing-crypto-space

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Buterin also warned against superficial fixes in privacy and governance. From governance models that auction off votes to identity systems where zero-knowledge proofs fail to protect users under coercion, he argued for a more holistic and rigorous approach. “Think of privacy as a feature to add, instead of thinking it as a bug to reduce,” he said.

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EthCC Cannes, Vitalik Buterin urges true action on decentralization

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However, he said that crypto should not follow that same path—something that just goes up in value and then fades.

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