{"id":4466,"date":"2025-09-15T10:45:43","date_gmt":"2025-09-15T10:45:43","guid":{"rendered":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/15\/ethereums-vitalik-buterin-explains-why-social-media-feels-worse-today\/"},"modified":"2025-09-15T10:45:43","modified_gmt":"2025-09-15T10:45:43","slug":"ethereums-vitalik-buterin-explains-why-social-media-feels-worse-today","status":"publish","type":"post","link":"https:\/\/dailystreetchronicle.com\/index.php\/2025\/09\/15\/ethereums-vitalik-buterin-explains-why-social-media-feels-worse-today\/","title":{"rendered":"Ethereum\u2019s Vitalik Buterin Explains Why Social Media Feels Worse Today"},"content":{"rendered":"

The post Ethereum\u2019s Vitalik Buterin Explains Why Social Media Feels Worse Today<\/a> appeared first on Coinpedia Fintech News<\/a><\/p>\n

Who\u2019s ruining the internet?<\/p>\n

The debate just got a new voice – Ethereum co-founder Vitalik Buterin.<\/a> In a post on X, Buterin argued that the decline of online spaces isn\u2019t only about \u201cevil billionaires\u201d pulling the strings. The real issue, he says, lies in algorithms and the way platforms are built.<\/p>\n

\n

\u201cThe pro blaming evil billionaires case is basically that web1 (esp internet forums) is widely considered to be a much more unbridled source of good, and it’s specifically social media that’s considered the dangerous thing,\u201d<\/em> Buterin wrote.<\/a><\/p>\n<\/blockquote>\n

Back Then Vs. Now<\/strong><\/h2>\n

Buterin compared the early internet to today\u2019s social media era. Web 1.0 was driven by forums and small communities where people searched for content based on interest. Profit wasn\u2019t the priority, and that, he says, made the experience more genuine.<\/p>\n

Today, platforms flip the model. Content is pushed at users through algorithms built to maximize engagement – often by stoking outrage. <\/p>\n

\u201cAlgorithms maximize outrage because it gets attention because that’s what investors want,\u201d<\/em> Buterin said. <\/a>The result is a stream of memes and soundbites designed for quick consumption, not deeper discussion.<\/p>\n

Is It the Billionaires\u2019 Fault?<\/strong><\/h2>\n

It\u2019s easy to blame tech moguls for how the internet has evolved, and Buterin doesn\u2019t deny their influence. But he also pointed out that focusing only on billionaires misses the bigger picture.<\/p>\n

He outlined two stories: one anti-capitalist, where profit incentives corrupt online spaces, and one elitist, where early forums amplified informed voices while social media caters to the masses. In reality, Buterin suggested, the problem is a mix of both.<\/p>\n

Meanwhile in Crypto: Testing the \u201cInvisible Wallet\u201d<\/strong><\/h2>\n

Beyond commentary, Buterin has been busy experimenting in crypto itself. He recently tested Hinkal\u2019s \u201cInvisible Wallet,\u201d<\/a> a new privacy tool designed to hide wallet activity.<\/p>\n

The timing is critical. Crypto hacks surged to $163 million in August<\/a>, the third straight monthly increase. Privacy wallets like Hinkal aim to give users, especially high-net-worth holders, an extra layer of protection.\u00a0<\/p>\n

Still, analysts warn that while zero-knowledge proof technology offers strong privacy, it\u2019s not a guaranteed shield against determined attackers.<\/p>\n

Also Read: Vitalik Buterin Issues Warning as Ethereum Price Hits All-Time High<\/a><\/strong><\/p>\n

The Takeaway<\/strong><\/h2>\n

As Buterin put it, the internet\u2019s problems aren\u2019t as simple as blaming billionaires. Algorithms, incentives, and shifting audiences all play a role in why social media feels toxic today. <\/p>\n

At the same time, his work on privacy tools shows he\u2019s also testing ways to protect digital freedom in an increasingly hostile online world.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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