Consensys founder: The internet is to information what Ethereum is to value.

Gate News bot message, Consensys founder and Ethereum co-founder Joseph Lubin stated on social media that the foundation of the global economy is changing. We are witnessing a decline in people’s trust in institutions, while Inflation and debt continue to rise.

In a new column published in the UK Financial Times, Lubin shared his reasons for believing that Ethereum offers a new way to build a global financial system for the modern digital age.

Lubin said, “This is exactly the moment for the protocol that our financial system urgently needs. The contributions that the internet has made for information are exactly what Ethereum has made for value.”

It is not meant to replace banks, but to build open infrastructure that embeds trust at the protocol level into the system.

With trust in the protocol, we can reduce our reliance on central institutions, making coordination more efficient, fair, and secure, and ignite a wave of innovation in new economic fields.

This is no longer just a theoretical discussion; a transformation is underway. Now is the time to build a more open, convenient, and resilient financial future.