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I definitely hope centralized exchanges go burn in hell as much as possible.

Vitalik Buterin

Ethereum Community Conference, 2019 · Checked on 26 July 2026
I definitely hope centralized exchanges go burn in hell as much as possible.

Analysis

The quote is accurately attributed to Vitalik Buterin and was widely reported by multiple credible sources covering the event. The statement reflects his long-standing criticism of centralized exchanges for their lack of alignment with decentralization principles.

Background

Vitalik Buterin, co-founder of Ethereum, has frequently expressed skepticism toward centralized exchanges, arguing they undermine the decentralized ethos of blockchain technology. The 2019 Ethereum Community Conference (EthCC) in Paris was a major event where such views were discussed.

Verdict summary

Vitalik Buterin did make this statement at the Ethereum Community Conference in 2019.

Sources consulted

— Cointelegraph: 'Vitalik Buterin Hopes Centralized Exchanges ‘Burn in Hell’' (2019)
— Decrypt: 'Vitalik Buterin: Centralized Exchanges Should ‘Burn in Hell’' (2019)
— YouTube: Ethereum Community Conference 2019 – Vitalik Buterin Q&A