Vitalik Buterin Addresses Extremist Views on Bitcoin

Vitalik Buterin recently shared his perspectives on Bitcoin extremism during a Warpcast interview, finding the views amusingly dated. He likened this experience to traveling back in time, revisiting ideas that have long been recognized as misconceptions despite continued support from certain groups. Buterin specifically addressed the issue of seigniorage, stating that it only accounts for 10%-20% of government revenue, and argued that even if all nations adopted the U.S. dollar, governments could still maintain a similar level of military expenditure.