There are three potentially massive opportunities for cryptocurrency in 2023, as revealed by Vitalik Buterin.

Vitalik Buterin, Ethereum co-founder, says that the three biggest untapped opportunities in cryptocurrency are the widespread use of cryptocurrency wallets, inflation-resistant stablecoins, and web logins that are powered by Ethereum.

Buterin did an interview with David Hoffman in which he talked about what he thought the cryptocurrency market would be like in 2023. This was in reaction to Hoffman’s fear that the decentralized application adoption wave had ended and that there was no longer a need for developers to create new decentralized apps. Buterin shrugged off the “limbo” phase Hoffman mentioned. He said that crypto wallet infrastructure needs more improvements to make it easier to use and to make sure it can support billions of users.

Second, Buterin said that the creation of a stablecoin that could be used anywhere in the world and could handle any situation both on the blockchain and in the larger economy would be a huge step forward for the industry. However, Buterin did not provide any technical guidance on how to accomplish this.

Finally, Buterin said that any technological advancements that help Ethereum usurp the login authority now held by Facebook, Google, Twitter, and other central monopolies would eventually help Ethereum gain greater market share in internet-based apps. Buterin did say that it was getting harder to fill gaps in the market as the business grew and the number of competitors grew.

The co-founder of Ethereum seems to have spent the last few weeks teaching people about the cryptocurrency market and giving advice, as well as sharing his optimistic view of the years to come.

On December 5, Buterin said that the potential of Ethereum and decentralized technologies fascinates him, along with blockchain-based identities, decentralized autonomous organizations (DAOs), and hybrid apps.

The co-founder of Ethereum reiterated the need for traders to adopt a long-term perspective by putting more emphasis on technical advancements than price.

Subsequently to the FTX crash, Buterin gave traders and investors advice, saying they should take into account the degree of human control that can be exercised over a protocol and place more faith in open and transparent code than in people.