Elon Musk and Vitalik Buterin Unity?

There has been a lot of bickering between big players and investors when it comes to which cryptocurrency would come out on top in the future. However recent days both Elon and Vitalik had twitted towards each other what seemingly appear to be some sort of potential alliance between them.

Vitalik

“I definitely don’t think Ethereum is opposed to dog coins, I kind of want the fans to feel like Ethereum is, at least a little bit, in spirit itself a dog coin.”

Elon response

"I pretty much agree with Vitalik."

With that Elon's support for Doge and Vitalik's ETH is now fused with rumors of what potential projects or assets that can come out of joint collaboration between the two.

Vitalik mention an example of using loopring to transfer Doge while Elon is praising on the potential of Doge being able to be transfer at a faster rate than currently seen if its developers are able to upgrade transfer processes of Doge.

What is worth mentioning is that Elon's twit agreeing with Vitalik is actually an agreement of what Vitalik spoke in an podcast interview. Link Here. In short summary Vitalik mentions that Elon's fondness for Doge is warranted because Doge is simple but yet also advance enough that it can have a viable future. While in the Future Tesla and SpaceX advancement will likely need to incorporate ETH in its ecosystem to advance in the software side. All these topics mentioned by Vitalik is what Elon is agreeing on. Wow just wow, This is great to see that big investors and top crypto contributors continue to have this kind of partnership and I fully believe we are getting closer to a diversify currency system.

Conclusions

Collaboration is the key to crypto success. Often when partners of a speciific coin/token can not compromise it often turns into separate projects and forks are made. This in turn creates more coins in the crypto space leading to dillusion of investments as investors have to separate their assets when investing in multiple different cryptos instead of just a few. With less cryptos coins and tokens on the market it would force the existing investment pool to be more concentrated to specific coins. This is crucial as more people accept a smaller pool of crypto the more resources on concentrated on few projects making it more likelihood to succeed than fail.

A supply and demand curve also will help as more collaborative relationships are created the more integral the coins are to one another making tech overlaps and programmers sharing each other works that will help accelerate the advancement of cryptography. Like the old saying goes, two heads are always better than one.

Bitcoin.com's Article Source

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