Vitalik: The intersection between decentralized finance and other decentralized technologies will be very important and needs to be clearly supported

Vitalik Buterin wrote on X: "Another thing I want to add is that we should all agree that finance alone is not enough. There are too many central points in the technology of today's world that are growing and threatening rapidly: *Continued political attacks on encrypted information; *Centralized identity systems and credit scores; *Vulnerabilities/backdoors in insecure/proprietary operating systems; *Social media: government censorship of platforms, and the opacity/centralization of platforms' own algorithms; *Surveillance, deplatforming, and economic domination risks brought by centralized artificial intelligence; *Similar concerns about mind-reading technology (BCI) will soon emerge, etc. Even if you can make finance perfect with 'magic', the world will still be very bad if we make mistakes on other issues, along all the philosophical axes we care about, we first entered the field of cryptocurrency. At the same time, finance is a key part of any strategy to fight these trends, thanks to RAILGUN and 0xbow.io for their privacy protection work. Polymarket is partly finance, but it is not just finance; Farcaster It’s a social app, but uses a financial component to fight spam, and I’m guessing that a sustainable monetization strategy for decentralized social will involve decentralized finance (ad revenue is inherently limited when anyone can build a client, so you have to try other options). So I think the intersection between decentralized finance and other decentralized technologies will be very important. ‘Other decentralized technologies’ is an area that won’t naturally get $100 million in venture capital, so I think it needs a high level of explicit support now, although my ideal situation is that we can find a stable feedback loop that allows it to develop. ” In addition, it also said: “As a field, we need to lead the development of anti-fraud technology in a principled way (because if we don’t, the centralized version will be imposed on us in an unprincipled way).”