Ethereum co-creator Vitalik Buterin was selected as one of Time magazine’s most important people this year, among singers, global leaders, activists, and others.
Buterin is included in Time’s list of 2021’s innovators, with Nvidia CEO Jensen Huang, Tesla CEO and supporter of Dogecoin (DOGE) Elon Musk, and others. In addition, Buterin’s involvement in growing the Ethereum network to a market valuation of over $400 billion and promoting the creation of decentralized applications and non-fungible tokens, or NFTs, was highlighted in Reddit co-creator Alexis Ohanian’s feature on the Ethereum co-creator.
“No one person could’ve possibly come up with all of the uses for Ethereum, but it did take one person’s idea to get it started,” stated Ohanian. “From there, a new world has opened up, and given rise to new ways of leveraging blockchain technology.”
The long-running publication appears to have grown more receptive to reporting about and adopting digital currency in its operations. Time announced in March that it was looking for a chief financial officer with experience with Bitcoin and digital currencies and sold three NFTs based on magazine covers.
The magazine announced the following month that it would allow cryptocurrency payments for digital memberships, further integrating digital currencies into its operations. Furthermore, Time announced it would be keeping Bitcoin (BTC) — received as payment for an instructional video series — on its balance sheets as part of a collaboration with fund manager Grayscale.
“Time isn’t even in the first inning of what we want to do with crypto,” president Keith Grossman stated.
The magazine has been a mainstay in the United States since its inception in 1923, covering prominent people and businesses. According to Time, the magazine has 20 million weekly readers throughout the world.