Vitalik Buterin's Quotes

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The following is a list of quotes by Vitalik Buterin. Buterin (born January 31, 1994) is a Russian - Canadian programmer and writer primarily known as a co-founder of Ethereum and as a co-founder of Bitcoin Magazine.


If one tries to preserve the property of a game being identity-free, building a system where identities don’t matter and only coins do, there is an impossible tradeoff between either failing to incentivize legitimate public goods or over-subsidizing plutocracy.

  • On Collusion,, April 3, 2019

..., mechanisms that do not rely on any model of identity and only rely on coins fundamentally cannot solve the problem of concentrated interests outcompeting dispersed communities trying to support public goods; an identity-free mechanism that empowers distributed communities cannot avoid over-empowering centralized plutocrats pretending to be distributed communities.

  • On Collusion,, April 3, 2019

..., while some kinds of games, particularly prediction market or security deposit based games, can be made collusion-safe and identity-free, generalized public goods funding seems to be a class of problem where collusion-safe and identity-free approaches unfortunately just cannot be made to work.

  • On Collusion,, April 3, 2019

Building out the infrastructure for making collusion-resistant mechanisms possible, including robust decentralized identity systems, is a difficult challenge, but if we want to unlock the potential of such mechanisms, it seems unavoidable that we have to do our best to try. It is true that the current computer-security dogma around, for example, introducing online voting is simply “don’t”, but if we want to expand the role of voting-like mechanisms, including more advanced forms such as quadratic voting and quadratic finance, to more roles, we have no choice but to confront the challenge head-on, try really hard, and hopefully succeed at making something secure enough, for at least some use cases.

  • On Collusion,, April 3, 2019
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