Vitalik speaks out: Cash is not dead, Ethereum cannot become a data slave!
V God warns in a post on X: The Nordics are beginning to reflect on the 'cashless society' because centralization is too fragile, and when something goes wrong, no one is there to back it up. The reason cash is still irreplaceable is that it requires no permission, is resistant to censorship, and guarantees privacy—Web3 must also embody these three points.
He specifically mentioned Ethereum: If it wants to become the 'cash of the digital age,' it cannot only focus on performance; it must also withstand chain interruptions, limited rights, and censorship. Once it loses its 'backing capability,' it will only result in data enslavement.
The ultimate goal of technology is not TPS, but the guarantee of freedom.
Who will play this role? Not 'chain reform' projects, not centralized L2s, not regulatory scoring.
It will either be ETH or another chain, but it certainly won't be a replica of PayPal.
