Vitalik Buterin Highlights Threat of Wall Street Domination for Ethereum

Ethereum co-founder Vitalik Buterin has warned that growing influence from financial institutions poses a significant threat to the network’s future. He fears this domination could push developers and community members away, ultimately resulting in Ethereum losing its core identity. Buterin highlights two key concerns: First, performance upgrades aimed at attracting institutional investors may make running individual nodes impractical for everyday users. Second, he argues that as institutions gain more control over decisions, the network risks shifting from its open-participation roots to a system controlled by large corporations.