149 - Ethereum in 2023 with Vitalik Buterin
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 19 December 2022
⏱️ 99 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF | Unpacking the Episode:
https://shows.banklesshq.com/p/vitalik-buterin-2023-debrief
------
Vitalik Buterin is your friendly neighborhood Ethereum developer, an alfalfa male who thinks we should rename Gas to Mana.
In today’s episode, Vitalik unpacks his recent essay, “What in the Ethereum application ecosystem excites me,” and his thoughts around why crypto villains are getting worse, what Ethereum’s most scalable use case is, why he plans to say ‘Ethereum’ rather than ‘crypto’ in 2023, how Ethereum solves the big bad identity problem, and why he thinks “simple DeFi good, complicated DeFi bad.”
Every episode with Vitalik is a must-listen and this one is no different.
------
📣 Kraken | The Crypto Exchange for Everyone
https://bankless.cc/kraken
------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt
🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/bankless
------
BANKLESS SPONSOR TOOLS:
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
👯 DESO | DECENTRALIZED SOCIAL BLOCKCHAIN
https://bankless.cc/Deso
🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave
📡 TRUEFI | CRYPTO FINANCIAL HUB
https://bankless.cc/TrueFi
👾 SEQUENCE | ALL-IN-ONE PLATFORM
https://bankless.cc/Sequence
⚡️FUEL | THE MODULAR EXECUTION LAYER
https://bankless.cc/fuel
------
Topics Covered
0:00 Intro
7:44 Vitalik’s 2022 Crypto Reflections
17:31 Was 2022 More Unusual?
25:58 Esperanto, Linux, & Crypto
34:57 Advice for the Crypto Space
38:31 Permissionless Commons Criticism
45:54 2022 Lessons Learned by Vitalik
52:22 Vitalik’s Recent Blog Post
1:00:00 Why Do We Need Crypto Money?
1:10:29 Where the Opportunity in Crypto is
1:13:52 Identity
1:24:29 DAOs & Governance Innovation
1:31:05 Hybrid Applications
1:36:30 Accelerating the Good Things
1:41:05 Vitalik’s Role in 2023
1:44:48 Action Items & Disclaimers
------
Resources:
Vitalik
https://twitter.com/VitalikButerin
What in the Ethereum Application Ecosystem Excites Me - Vitalik
https://vitalik.ca/general/2022/12/05/excited.html
Why I’m Less Than Infinitely Hostile to Cryptocurrency - Astral Codex Ten
https://astralcodexten.substack.com/p/why-im-less-than-infinitely-hostile
Vitalik’s Other Bankless Appearances
https://www.youtube.com/results?search_query=bankless+vitalik
-----
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.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:11.3 | This is how to get started, how to get better, and how to frontrun the opportunity. |
| 0:14.8 | This is Ryan Chong Adams. |
| 0:15.8 | I'm here with David Hoffman, and we're here to help you become more bankless. |
| 0:19.8 | Ethereum in 2023. |
| 0:22.3 | Best guest to talk about this Vitalik Buterin on the podcast today. |
| 0:25.9 | We talk about what the Ethereum application ecosystem is a title of this blog post. |
| 0:30.4 | What excites Vitalik going into 2023? |
| 0:33.5 | A lot of optimism dropped in this episode that you got to stay tuned for. |
| 0:38.1 | Before we get in, first a little bit of housekeeping for bankless listeners. |
| 0:42.0 | We are revamping our sponsor strategy going into the next year, and we're going to be putting |
| 0:46.2 | a focus more on the sponsors and the projects and the companies that are playing long-term |
| 0:51.9 | games in crypto. |
| 0:52.9 | And so we're excited to be building out a strategic relationship with Kraken. |
| 0:58.0 | The reason David and I like Kraken is because they're one of the few crypto exchanges that |
| 1:02.0 | didn't rug us last year, right, David? |
| 1:03.9 | Yeah. |
| 1:04.9 | They've also implemented proof of reserves before anyone ever asked them to. |
| 1:10.3 | So they have been leading the frontier of centralized crypto exchanges that can use cryptography |
| 1:16.2 | to check themselves. |
| 1:18.0 | And so implementing proof of reserves before they were asked to just indicate that Jesse |
| 1:21.8 | and the rest of the Kraken team are here to do good by crypto and to leverage the powers |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bankless, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bankless and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.