meta_pixel
Tapesearch Logo
Log in
Bankless

Luke Burgis | Layer Zero

Bankless

Bankless

Technology, Tech News, News

4.71.2K Ratings

🗓️ 14 June 2022

⏱️ 64 minutes

🧾️ Download transcript

Summary

Humans are mimetic creatures that crave their respective desires. But how do these desires work when paired with crypto? Luke Burgis explains. Luke is the author of, “Wanting: The Power of Mimetic Desire in Everyday Life.”

Mimetic desire is a part of everything. After this interview, you’ll start to see it everywhere. Where does the apex of mimetic desire lead? Is it good or bad for society? How did learning about mimetic desire impact Luke’s life? Hear the answers to these questions and much more in the episode.

------
📣 METAMASK | The Easiest Buy in Crypto
https://bankless.cc/buy 

------
🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 
🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

------
BANKLESS SPONSOR TOOLS:

⚖️ ARBITRUM | SCALED ETHEREUM
https://bankless.cc/Arbitrum 

❎ ACROSS | BRIDGE TO LAYER 2
https://bankless.cc/Across 

🏦 ROCKET POOL | DECENTRALIZED ETH STAKING
https://bankless.cc/RocketPool 

👻 AAVE V3 | LEND & BORROW CRYPTO
https://bankless.cc/aave 

⚡️ MAKER DAO | THE DAI STABLECOIN
https://bankless.cc/MakerDAO 

🦁 BRAVE | THE BROWSER NATIVE WALLET
https://bankless.cc/Brave 

------
Topics Covered:

0:00 Intro
3:43 Luke’s Background
7:40 Crypto & Mimetic Desire
15:40 The Leverage Component
20:32 Manias and Mimesis
24:50 Defining Mimetic Desire
31:13 Eyes
37:16 Trajectory of Mimetic Desire
46:47 Consequences of Mimetic Desire
55:55 How Luke Has Personally Changed
1:00:20 Desires
1:08:00 Good or Bad For Society?

------
Resources:

Luke Burgis on Twitter
https://twitter.com/lukeburgis 

Luke Burgis’s Website
https://lukeburgis.com/ 

Wanting by Luke
https://www.amazon.com/gp/product/1250262488/ 

Luke’s First Bankless Appearance
https://youtu.be/5cln_TL-bGI 

Manias and Mimesis Essay
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3469465 

-----
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://newsletter.banklesshq.com/p/bankless-disclosures 

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Layer 0.

0:08.0

Layer 0 is a podcast of unscripted conversations with the people that make up the Ethereum community.

0:13.0

Crypto is built by code but is composed by people.

0:15.0

And each individual member of the crypto community has their own story to tell.

0:19.0

CypherPunks understood that the code they write impacts the people that they use it

0:22.0

and Layer 0 focuses on the people behind the code.

0:24.0

Because Ethereum is people all the way down and always has been.

0:28.0

Today on Layer 0, I'm talking with Luke Burgess who is the author of the book,

0:33.0

Wanting a story about Mimetic Desire.

0:36.0

And there is nothing more related to the concept of Layer 0 than the topic of Mimetic Desire.

0:41.0

We had Luke Burgess on the Monday podcast with me and Ryan about a year ago.

0:45.0

And Mimetic Desire just broke our brains because it's so foundational to how society operates.

0:51.0

Basically, in a sentence, Mimetic Desire is if somebody else wants something,

0:56.0

you want that thing because they want it.

0:59.0

And this is just so deeply rooted into our DNA, how we develop as children, how we develop as babies.

1:05.0

That it is just part of everything.

1:07.0

It's part of the market cycle, it's part of the business cycle, it's a part of monetary policy.

1:11.0

It's about investments and where people choose to put their energies.

1:16.0

And so Luke and I kind of have a second episode to the first episode we did with him a year ago.

1:21.0

But this one a little bit more free-flowing, a little bit more out there, and a little bit more Layer 0.

1:26.0

So I hope you guys enjoy this fantastic episode, all about Mimetic Desire with Luke Burgess.

1:31.0

Right after we get to some of these fantastic sponsors that make it so possible.

...

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.