Ethereum Co-Founder Joseph Lubin: Big Growth in Crypto Market Is Just Getting Started
Ethereum co-founder and founder of ConsenSys Joseph Lubin says he respectfully disagrees with Ethereum creator Vitalik Buterin about the future of the crypto market.
Buterin recently stated that blockchain won’t see 1,000-times growth again, telling Bloomberg that blockchain is now too popular for that type of exponential growth.
“If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”
In a new interview with CNN, Lubin says blockchain will touch virtually every asset in existence, and is just getting started.
“Vitalik is brilliant, but I would have to disagree with him on that. This is a technology that’s going to impact how economic, social and political systems are built over the next few decades. So we’re really just at the start of this. There will be so much evolution.
The technology is still fairly immature. But there’s going to be so much evolution in this space and everything that’s an asset right now is probably going to have representation as a crypto asset at some point in the future. So there’s just so much growth ahead.”