Vitalik Buterin: Institutions are not the enemy of cypherpunks; the key is to safeguard individual self-sovereignty.

Vitalik Buterin stated that the relationship between "institutions" (governments and enterprises) and "cypherpunks" is highly complex, neither natural allies nor natural enemies. The optimal strategy for institutions in this game is to strengthen control within manageable limits while resisting external intrusion. This makes them often more concerned with data sovereignty and security than ordinary users. In the future, institutions will place greater emphasis on self-management of wallets and staking, which is beneficial to Ethereum's decentralization. Simultaneously, KYC and privacy technologies will develop in parallel, and the game surrounding zero-knowledge proofs will continue for a long time. The core task of the Ethereum community is to build tools to protect individual self-sovereignty and freedom, while maintaining its own position in cooperation with institutions.