Ethereum creator Vitalik Buterin walks back TechCrunch misquote of "replacing Visa in a couple of years"...

Tech Crunch may have gone a bit too far in their excitement for Ethereum.  Following an interview with its creator Vitalik Buterin, Tech Crunch launched tweets and articles that caught some eyes.

The claim was: Vitalik made the bold prediction of Ethereum not just becoming a foe for Visa, but completely overthrowing it, or in their words, it would "replace visa".

Vitalik took to twitter, noticeably frustrated to clarify:

For the record: I said ethereum (+plasma et al) *will have Visa-scale tx capacity*, not that it will "replace Visa". Sigh.

— Vitalik Buterin (@VitalikButerin) September 18, 2017

Tech Crunch has now issued a correction.

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Author: Ross Davis
San Francisco News Desk