Vitalik: 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 very 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 intrusions, 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-managed 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 surrounding zero-knowledge proofs will exist 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 stance in cooperation with institutions.