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After the Meme Wave, What Is Crypto For?

After the Meme Wave, What Is Crypto For?

On February 3, Ethereum co-founder Vitalik Buterin sat down with Michel Bauwens, founder of the P2P Foundation, at the ETHChiangmai Summit 2026 for a wide-ranging conversation on Web3, crypto, and new forms of social coordination.

Vitalik reflected on Ethereum’s original vision and shared his concerns about the current state of the crypto space, arguing that technological progress must ultimately serve broader social and political goals. Beyond technical breakthroughs, he questioned how crypto can respond to a growing global crisis of trust.

Michel introduced the idea of “regenerative accelerationism,” advocating for technology that actively supports sustainable social development, especially by connecting crypto with the real,…

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