Ethereum Ringleader Vitalik Buterin Wants To Unite The Crypto Ecosystem at RadicalxChange

At the RadicalxChange Conference held in Detroit, Vitalik Buterin asked for a radical change in the development process of blockchain infrastructure. People should stop building tools for privacy and independence but rather a system to reorganize society as a whole.

Other notable members in the event were Boots Riley, Zooko Wilcox, Tristan Harris, Natalia Olson-Urtecho, and many more.

Buterin said:

“One of the properties of this early cypherpunk tradition is this very strong individualistic mindset. Basically this [cypherpunk] idea that it’s you, personally, making the decision … to switch from being part of the old world to being part of the new world. And the new world is on the internet—nobody knows you’re a dog.”

RadicalxChange’s website says:

“The signs of our social and economic system failing are everywhere: rising inequality, stagnating economies and increasing threats to liberal democracy from populists of the left and right. Over the past few months positive alternatives, grounded in rigorous social science, that embrace markets, technology, community, and diversity have emerged.

Together we are building a comprehensive alternative that solves our most divisive social problems while affirming the human values we all share and we want you to be a part of it. Momentum is building as we convene RadicalxChange’s rapidly growing community of artists, scholars, entrepreneurs and activists who are imagining, designing, building and fighting for a brighter future. A future where power rests in diverse democratic organizations.”

Given below is the slide that concludes Vitalik’s speech, which in essence is the summary of RadicalxChange’s philosophy.

In his speech, Buterin walked his audience through history and the key turning point of crypto. He reminded that the financial crisis of 2008-2009 and explained the significance of Satoshi Nakamoto’s decision to embed a headline about British bank bailouts in the bitcoin genesis block.

“You could argue that [Satoshi] was just trying to make a timestamp,” Buterin said. “But there are lots of ways to make a timestamp. This was clearly a statement that this is not just about making a peer-to-peer digital currency. This was really about something different and something greater.”

He bought the concern if the audience to the governance issue but his concerns go beyond it. It is the rise of nationalistic movements worldwide which is very evident in the US, China, India, Philippines, and other places.

Both atomic individualism and hegemonic collectivism (such as nationalism) are flawed visions of personal identity. In a vibrant society, identity is constituted not overwhelmingly by the membership of a single group or mostly by a vision of autonomy/self-reliance, but instead by memberships in a unique and evolving pattern of social commitments to a variety of communities.

The organizations most to be admired are those that are responsive, fitted to their time and social circumstances and democratically accountable to those they serve. At the same time, attempts to suddenly “build a new world” and wipe away past institutions that are still relevant should be resisted.

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