213 - Justin Sun: On Tron, Vitalik, and Becoming Humble
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 11 March 2024
⏱️ 68 minutes
🧾️ Download transcript
Summary
✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-justin-sun
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Justin Sun, the Controversial Founder of TRON has finally entered the chat.
This episode is packed with hot takes. Expect to learn why Justin is still in Crypto, why he should’ve copied Ethereum 100% and not just 95%, why he views Vitalik as a goldmine and much more.
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TIMESTAMPS
00:00 Intro
7:17 Justin Sun Origin Story
13:01 Why Crypto?
19:51 The Next Cycle
25:32 Justin’s Role
29:00 The State of Tron
36:36 Tron Economics
47:28 Tron Plagiarism
53:22 Decentralizing Tron
57:03 Addressing Tron’s Censorship
1:03:33 Crypto Favorites
1:05:20 What’s Next
1:09:16 People to Watch
1:14:51 Closing & Disclaimers
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RESOURCES
Justin Sun
https://x.com/justinsuntron
TRON Stats
https://thedefireport.substack.com/p/should-we-be-taking-tron-seriously
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | After the 12 years in the crypto and I think I become a crypto like native |
| 0:05.8 | I start to feel like this is my home right if I sell like all the crypto and go any other places, there's nowhere I can go. Welcome to Bankless, where we explore the frontier of Internet money and Internet finance. |
| 0:28.0 | This is Ryan John Adams. I'm here with David Hoffman and we're here to help you become more bankless. |
| 0:34.0 | Guys, we have Justin Sun, the controversial founder of the Tron blockchain on the podcast today. |
| 0:39.8 | Why in the world did we do this episode? |
| 0:41.6 | Well, it's because Tron has some real traction out here. |
| 0:45.5 | And this is the first time we've ever had Justin's son |
| 0:48.4 | on the podcast. |
| 0:49.4 | I gotta say, David, it proved to be a pretty fascinating |
| 0:52.3 | and sometimes hilarious conversation. |
| 0:55.0 | I had fun as well. |
| 0:57.0 | If you are not familiar with Tron, it's an open source, proof of stake, |
| 1:00.2 | layer one chain, it was launched during the peak of Iseo-Mania back in September 2017. |
| 1:05.2 | If you were around at that time, you will remember it as a copy pasta of Ethereum and |
| 1:09.6 | historically I'd say it's been really dialed up to the max on |
| 1:13.2 | marketing aggressive marketing I would say bombastic claims some might say and hence a |
| 1:18.0 | lot of the controversy surrounding it but there's also some traction here |
| 1:22.4 | particularly in the peer-to-peer stable coin market, |
| 1:25.8 | where in some sectors, in some geographies around the world, Tron is actually fulfilling the |
| 1:30.4 | crypto mission of banking the unbanked. |
| 1:33.8 | And there's a lot of on-chain activity |
| 1:36.4 | that actually proves that. |
... |
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