Vitalik Buterin Says Visa Started Like a DAO, Now Seen as Centralized
The post Vitalik Buterin Says Visa Started Like a DAO, Now Seen as Centralized appeared first on Coinpedia Fintech News
Ethereum co-founder Vitalik Buterin recently noted that Visa began with ideals similar to a decentralized autonomous organization (DAO), aiming for shared ownership and collaborative governance. However, he explained that Visa has evolved into a company widely viewed as highly centralized and profit-driven. Buterin’s comments highlight how even organizations founded on decentralized, community-driven principles can become centralized over time—a key issue that the crypto and blockchain community continues to address through new governance models and smart contract technology.
Altcoins Outshine Bitcoin as Record Bullish Streak Hits 31 Days, 10x Research!
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Vitalik Buterin’s On-Chain Assets Cross $1 Billion, Data Shows
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Why Ethereum Price Could Hit $5,000 Sooner Than You Think
The post Why Ethereum Price Could Hit $5,000 Sooner Than You Think appeared first on Coinpedia Finte...