Vitalik: Institutions are not enemies of crypto-punks; the key is to uphold individual sovereignty.

Mars Finance reports that Vitalik Buterin stated, “The relationship between ‘institutions’ (governments and enterprises) and ‘cypherpunks’ is very complex. They are neither natural allies nor natural enemies. The optimal strategy for institutions in the game is to strengthen control within a manageable scope while resisting external intrusion. This also makes them often more concerned with data sovereignty and security issues than ordinary users. In the future, institutions will place greater emphasis on self-managed wallets and staking, which is beneficial for Ethereum’s decentralization; at the same time, KYC and privacy technologies will develop in parallel, and the game around zero-knowledge proofs will persist long-term. The core mission of the Ethereum community is to build tools that protect individual sovereignty and freedom, and to maintain their stance in cooperation with institutions.”