21 - Ethereum: Past, Present, Future | Vitalik Buterin
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 13 July 2020
⏱️ 104 minutes
🧾️ Download transcript
Summary
Episode: #21
July 13, 2020
Ethereum turns 5 on July 30th! That's 5 years of history. Five years of progress. Time enough to change the world?
We sit down with Vitalik Buterin and walk through Ethereum's past, present, and future. Has the vision changed? Has ETH earned its price? What about monetary policy? How's Vitalik feeling about the future?
Is ETH a triple-point asset?
It seems clear that Vitalik believes the Ethereum community is its strongest asset. This band of Athenians isn't just here to vanquish foes, it's here to build a digital civilization for the world. Not burn it down. Build it up.
Vitalik believes crypto is standing strong as one of the few remaining things that's genuinely international. And as we witness the balkanization of the digital world, the open door to cooperation that Ethereum provides is exactly what humanity needs in order to thrive in the 21st century.
Happy 5th Birthday Ethereum!
The world needs you now more than ever.
We cover:
- How Vitalik's feeling about Ethereum
- PAST:
- Times when Vitalik was far less optimistic
- Has Ethereum matched the original vision?
- Identity in an independent digital civilization
- PRESENT:
- Does Vitalik like or hate DeFi?
- Vitalik's biggest concern for DeFi
- Thoughts on liquidity mining
- The goods & bads of speculation
- Have we earned the price?
- FUTURE:
- 3 problems we face now
- Spartans vs Athenians - who wins?
- Is Ethereum a nation, a religion, a technology?
- How Etheruem is like Briton
- ETH THE ASSET
- Is ETH a triple point asset?
- Solidifying ETH's monetary policy
- LIGHTNING ROLLUP ROUND
- Gas fees are too high?
- ETH flippening BTC?
- Low hanging fruit?
- HIs favorite ETH killer?
- And more...
Join us next Monday for a fresh episode!
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Transcript
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| 0:00.0 | And welcome to bank. Welcome to Bankless, where we explore the frontier Internet money and Internet finance. |
| 0:19.4 | This is how to get started, how to get better, how to front run the opportunity. |
| 0:23.0 | This is Ryan Sean Adams. |
| 0:24.0 | I'm here with David Hoffman, and we're here to help you become more bankless. |
| 0:30.0 | David, we've been waiting a long time for this episode. |
| 0:33.2 | It seems like, well, 20 episodes, I suppose we've been waiting because this is episode 21. |
| 0:38.4 | We have Vitalic Buterin on the show. |
| 0:42.0 | What did you think about this? So banklessness is a journey, right? So it's a journey that we're all going on together. And I feel like the last 20 episodes were really our collective prep work for what we wanted to ask Vitalic. |
| 0:56.3 | And so we kind of bucketted this conversation into a couple different camps. |
| 0:59.2 | We talked about Ethereum past present future, Ether, the assets, and then we had a pretty fun roll-ups round |
| 1:07.0 | at the very end. |
| 1:08.2 | But really what collectively we were trying to get at, |
| 1:11.5 | and we asked him directly this question which I enjoyed his answer and I'll leave |
| 1:16.8 | that teaser there but really what we're trying to get at is like what are these systems |
| 1:21.6 | collectively like what we have like the bankless nation and we have the |
| 1:25.4 | Ethereum blockchain and we have Defi and then we have the community. We ask questions around all these different topics and so it's really a conversation |
| 1:34.9 | that hits the different points of what these systems are from different angles and so |
| 1:40.0 | that's what I really enjoyed about this conversation with Vitalik. |
| 1:43.0 | You know, he asked a question at the very beginning and we didn't get a chance to answer his |
| 1:48.0 | question in the podcast, but I'd love your answer now, so his question was would Ethereum be okay now if I left it wasn't the case |
| 1:59.9 | Probably you know four years ago, but would it be okay now if I left I being |
| 2:04.7 | metallic what's your take on that? Yeah so Ethereum is still in like beta right that I think that's |
... |
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