135 - Crypto Wars 2.0 with Zooko
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 5 September 2022
⏱️ 94 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode:
https://shows.banklesshq.com/p/debrief-crypto-wars-20
As the dust settles with Tornado Cash’s sanctioning news and the arrest of Alexey Pertsev, the space is drawing parallels to the early days of crypto, Crypto Wars 1.0.
We brought on OG cypherpunk privacy developer and co-founder of Zcash, Zooko to talk about Crypto Wars 2.0.
Crypto privacy is being tested in new ways and Zooko couldn’t be in a better place to explain the current complexities. What’s the case for crypto privacy? Why is it such a tough problem to solve? Why is Zooko optimistic about the future of crypto privacy?
What are your thoughts on crypto privacy? Let us know in the comments or on Twitter @banklesshq
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Topics Covered:
0:00 Intro
6:25 Zooko’s Background
8:30 The State of Crypto Privacy
13:26 A Privacy Enabled Society
18:34 The Case for Privacy
27:53 Why Privacy Equals Freedom
32:38 The Chilling Effect
35:26 Negative Externalities
38:28 Consent & A.I.
47:22 A.I. vs. Cryptography & Law
55:53 Crypto Wars 1.0 vs. 2.0
1:05:25 CDBC & The Clipper Chip
1:09:26 Why Isn’t Crypto Privacy Bigger
1:18:45 The Crypto Experiment
1:22:51 Solving the Privacy Problem
1:24:30 Privacy & DeFi
1:30:00 PoS & Roll-ups
1:42:50 Optimism on Crypto Privacy
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Resources:
Zooko
https://twitter.com/zooko
Zcash
https://z.cash/
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Transcript
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| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:10.5 | It's how to get started, how to get better, and how to front run the opportunity. |
| 0:14.0 | This is Ryan Sean Adams. |
| 0:15.0 | I'm here with David Hoffman, and we are here to help you become more bankless. |
| 0:20.1 | Well maybe, Bankless Nation. |
| 0:22.3 | Becoming more bankless requires more privacy. |
| 0:25.1 | This is what we're here to discuss today with Zuko, who is, of course, the founder of Zcash, |
| 0:31.0 | a blockchain protocol centered around privacy. |
| 0:34.2 | And I think David will have discovered that maybe we've just entered the crypto wars |
| 0:37.9 | 2.0. |
| 0:38.9 | A few things to look out for in this episode, some takeaways for you. |
| 0:42.4 | We go through, did we just enter the crypto wars? |
| 0:45.3 | Why this looks a lot like the 1990s all over again, the crypto wars that we had previously. |
| 0:50.2 | We also get Zuko to answer the question, why do we need privacy? |
| 0:53.5 | Unless we're hiding something, it's a question we're constantly asked when we advocate for privacy. |
| 0:59.4 | But Zuko makes the case that privacy is the foundation for any free society. |
| 1:04.2 | That is what we want to live in, of course, a free society. |
| 1:06.8 | Also, we talk about crypto falling prey to the same surveillance dystopia of the original |
| 1:12.1 | internet, the internet that we find ourselves in now, where Facebook and many large corporations |
| 1:17.6 | have control over our data. |
| 1:19.0 | How do we prevent this from happening in crypto? |
| 1:21.0 | And lastly, is Zuko going to become a roll-up on Ethereum? |
... |
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