Vitalik Buterin - The World of Warcraft / Crypto Blogger Billionaire and the Rise of Ethereum
With the price of Ethereum surpassing $3,000, founder Vitalik Buterin is now a billionaire, but he was once just a kid playing video games and crypto blogging for $1.50 an hour. While many of us can't really relate to his new-found billionaire status, we can relate to the humble beginnings of his remarkable and inspirational story. Like many crypto investors, he was an avid gamer and logged long hours playing World of Warcraft, investing time and emotion into it.
He soon found centralization--and the implied reliance on the unpredictable actions of a profit-generating company--to be the downfall of his investment of time and emotion into the game. In his own words:
"I happily played World of Warcraft during 2007-2010, but one day Blizzard removed the damage component from my beloved warlock's Siphon Life spell. I cried myself to sleep, and on that day I realized what horrors centralized services can bring. I soon decided to quit...
In 2011, searching for a new purpose in life, I discovered Bitcoin... [and] explored many crypto projects, and finally realized that they were all too concerned about specific applications and not being sufficiently general - hence the birth of Ethereum, which has been taking up my life ever since."
This severely disappointing experience with centralization launched his desire to create something decentralized, leading to Ethereum and later the creation of Decentralized Finance, which is beginning to revolutionize finance. It also underlines the importance of not relying on Centralized authorities to preserve value. Decentralization represents the taking of control of your assets, such that your proverbial warlock's Siphon Life spell can't just be taken away on the whim of an entity.
One of the beautiful things about blockchain technology is that the contents and value of his wallet can be verified here: https://etherscan.io/address/0xab5801a7d398351b8be11c439e05c5b3259aec9b.
Crypto has made another billionaire and that billionaire has made a lot of us better off, as well as provided us with rapidly expanding opportunities going forward.
The DeFi Revolution started with World of Warcraft! Now Vitalik's the Captain