Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter asking his followers if 80% of all transactions and savings in the year 2035 are in one currency and it is not ether, which currency they would prefer it to be. He asked them to choose from a number of cryptocurrencies including bitcoin, cardano, solana, tron, and Binance coin.
Vitalik Buterin’s Cryptocurrency Twitter Polls
Ethereum co-founder Vitalik Buterin set up a pair of polls on Twitter Thursday for the Ethereum community. “You wake up in 2035 and 80% of all transactions and savings in the world are in one currency that is not ETH. Which would you prefer it to be?” He wrote.
In his first tweet, Buterin asked his followers to choose from BTC, USD, SOL, and ADA. The second tweet lets them choose from TRON, BNB, CNY, and NEO. After 24 hours, the first poll ended with 600,697 votes and the second with 358,743 votes. Cardano (ADA) tops the results of the first poll, followed by bitcoin (BTC) and solana (SOL). Tron (TRON) tops the results of the second poll, followed by Binance coin (BNB) and neo (NEO).
Buterin’s first poll includes the top cryptocurrencies by market cap, excluding stablecoins. At the time of writing, bitcoin, the largest cryptocurrency, has a market cap of $821 billion based on data from Bitcoin.com Markets. Solana, the fifth-largest crypto, has a market cap of $47 billion while cardano, the seventh-largest coin, has a market cap of $42 billion.
Buterin’s second poll includes the third-largest cryptocurrency, Binance coin, which has a market cap of $83 billion. Tron’s market cap is $7 billion whereas neo’s is less than $2 billion.
While the Ethereum co-founder’s polls appear fun and have attracted many comments and likes on social media, people questioned Buterin’s motives for posting such polls, the choice of cryptocurrencies he included, whether votes were made by bots, and the likelihood that 80% of transactions will be in one currency.
Bitcoin trader Tone Vays commented, “Is Vitalik looking for a new job?” The CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, opined:
These results are….. wild.
Other cryptocurrencies that have been recommended by Vitalik’s Twitter followers in response to the polls include XRP, dogecoin (DOGE), shiba inu (SHIB), and polkadot (DOT).
Meanwhile, several people pointed out that the outcome of Buterin’s polls only reflects the popularity of certain cryptocurrencies among his followers and Twitter users, emphasizing that they have no bearing on the popularity of a particular cryptocurrency in the real world. Bank of America, however, believes that Solana could take market share away from Ethereum.
What do you think about Vitalik Buterin’s polls? Which cryptocurrency would you prefer? Let us know in the comments section below.
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.
Image Credits: Shutterstock, Pixabay, Wiki Commons