Ethereum Founder Vitalik Buterin Enters Time's 100 Most Influential People List Of 2021

JAKARTA – The founder of Ethereum, Vitalik Buterin has been named the most influential people in 2021 according to Time magazine. Buterin aligns with a number of well-known figures from various fields.

Buterin is included in Time magazine's list of innovators this year along with other well-known names such as Jansen Huang (Nvidia CEO), Tesla boss and DOGE crypto supporter, Elon Musk, and US President Joe Biden among other notable names.

For information, Vitalik Buterin is a programmer of Russian-Canadian descent. Buterin is the creator of the Ethereum cryptocurrency. This 27-year-old man has a net worth of around 1.1 billion US dollars (Rp15.37 trillion) after the price of the cryptocurrency ETH soared.

Launching Cointelegraph, Alexis Ohanian as founder of Reddit revealed Buterin's role in developing the Ethereum (ETH) network which has a fantastic market capitalization, worth more than 400 billion US dollars (equivalent to IDR 5.8 quadrillion). He has also encouraged the development of DApps or decentralized applications as well as NFTs.

“No one person can discover all the benefits of Ethereum, but it only takes one person's idea to get started,” said Ohanian. “From there, a whole new world has opened up, and it has given rise to new ways to leverage blockchain technology.”

Time Magazine, which was founded in 1923, is more open to the crypto world and embraces it in its own business. In March, Time was reportedly looking for a Chief Financial Officer (CFO) who was "comfortable with Bitcoin and crypto". The magazine, founded by Briton Hadden and Henry Luce, is reportedly auctioning off three of its magazine covers in NFT form.

Not long after that, Time integrated cryptocurrency into its business. Time accepts payments in crypto for users who wish to enjoy the digital version of the magazine. It doesn't stop there, Time has also collaborated with the largest crypto investment management company, Greyscale. Bitcoin payments received by the magazine will be held by the company.

"Time hasn't even entered the first half of what we want to do with crypto," Time magazine president Keith Grossman said recently.

Time Magazine has become the most important weekly news company in the United States. Time often makes a list of influential figures every year. Until now the magazine is reported to have weekly subscribers from various parts of the world as many as 20 million subscribers.