Vitalik Buterin argued that government backdoors create systemic risks like data abuse, regime change vulnerabilities and corporate misuse. He warned that even well-intentioned centralised systems can become unstable and exploitable due to the scale of data they control.

Claim

Quotes that support claims

By far the safest approach to handling large-scale data is to centrally collect as little of it as possibleĀ in the first place.
Buterin acknowledged that even well-intentioned centralization can lead to instability. Governments or corporations may misuse or sell sensitive data
The regime can change. A government that is trustworthy today may not be trustworthy tomorrow.

Related people

Vitalik Buterin

Referenced by

Dangers of centralised data collection

Crypto news

Data block