🔥 Vitalik Sounds the Alarm: “BlackRock’s ETH Accumulation Could Corrupt Ethereum’s Soul”

Vitalik Buterin has issued a powerful warning at Devconnect — and the crypto world needs to pay attention.

🛑 As giants like BlackRock ramp up their accumulation of $ETH, Vitalik fears Ethereum could drift into dangerous territory:

• Losing its founding community

• Becoming optimized for institutions instead of everyday users

• Sliding toward centralization

⚠️ What Vitalik Is Warning About

🔹 1. Community at Risk

If institutions gain too much influence, Ethereum’s core builders and developers — the heart of the ecosystem — could be alienated. Priorities might shift away from decentralization and toward corporate interests.

🔹 2. Technical Centralization Threat

Some institutions favor more aggressive changes, like reducing block times to 150 ms.

But this makes it harder for normal people to run full nodes, leading to:

• Nodes clustering in financial hubs

• Dependence on corporate infrastructure

• A more fragile, less permissionless network

Vitalik stresses that Ethereum must stay global, censorship-resistant, and accessible, not tailored for Wall Street.

🔍 Why It Matters

Ethereum’s true power comes from its decentralization — socially and technically.

If that erodes, ETH risks becoming just another institutional asset, another “Wall Street chain,” instead of a people-powered, permissionless protocol.

This isn’t about money coming in — it’s about who gets to shape the future of Ethereum.

Web3 builders, strategists, and investors must guard the protocol’s soul before it gets rewritten by institutional pressure.