Vitalik Buterin: Institutions are not the enemies of cypherpunks; the key is to maintain personal self-sovereignty

Vitalik Buterin stated, "The relationship between 'institutions' (governments and corporations) and 'cypherpunks' is quite complex, 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 incursions, which also makes them often more concerned about data sovereignty and security issues than ordinary users. In the future, institutions will place greater emphasis on self-managing wallets and staking, which is beneficial for the decentralization of Ethereum; at the same time, KYC and privacy technologies will develop in parallel, and the game around zero-knowledge proofs will persist for a long time. The core task of the Ethereum community is to build tools that protect individual self-sovereignty and freedom while maintaining its own stance in collaboration with institutions.