Bitcoin, Ethereum ETFs are Good, But Need Easier Ways For Public to Buy

On July 29, Ethereum co-founder and renowned blockchain developer Vitalik Buterin discussed the necessity of infrastructure around Bitcoin and Ethereum, and the need to create better ways for the public to invest in major digital assets.

Easier Methods of Purchasing Crypto

Specifically, Buterin addressed the more institutionally-connected Bitcoin exchange traded funds (ETFs). In his Tweet, Buterin inferred that the institutional direction is not where the cryptocurrency industry needs to go. Instead, he said that the industry needs to focus more on the practical applications for digital currencies for people on the street, to make crypto as widely available as possible, and make digital asset purchases as easy as it is to buy gift/debit cards today. The Tweet reads as follows:

I think there’s too much emphasis on BTC/ETH/whatever ETFs, and not enough emphasis on making it easier for people to buy $5 to $100 in cryptocurrency via cards at corner stores. The former is better for…