Olaf Carlson-Wee and Rushi Manche on Why Move Is Safer for Crypto - Ep. 777

Unchained

Laura Shin

News, Tech News, Business News

4.5 • 1.3K Ratings

🗓️ 4 February 2025

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. The success of any blockchain isn’t just about scalability, security, or decentralization—it’s about attracting developers. The easier it is to build, the more innovation happens. Or at least, that’s the thesis of Movement Labs co-founder Rushi Manche and Olaf Carlson-Wee, CEO of Polychain Capital. In this episode of Unchained, Rushi explains why Move, originally developed by Meta, is a fundamentally better programming language for crypto than the Ethereum Virtual Machine (EVM). He breaks down how Move’s unique approach to security and asset management improves developer experience and why the Movement Network is bringing Move to Ethereum as a layer 2 solution. Olaf shares his thoughts on how alternative programming environments like Move could challenge the dominance of the EVM, why Ethereum is at a critical moment, and how AI-powered financial agents could change how investments work. Show highlights: 2:32 What problems Move solves for crypto and how it got started 8:57 How the programming language is safer than others, specifically for crypto finance 21:00 What’s the thesis behind the Movement network 23:12 Why Movement chose to become an Ethereum L2 30:08 Where ETH is headed and what it needs to succeed 32:25 Why Rushi is so bearish on EVM layer 2s 34:59 Whether Ethereum is going through an existential crisis 37:47 Why Rushi believes that modularity will save Ethereum 39:28 How Movement differs from Aptos and Sui 41:36 The importance of developer experience in crypto’s growth 44:48 How tokens can signal the significance of content in social media 52:04 Why Olaf thinks we’ll soon see an explosive growth of financialized agents 57:19 Whether AI will replace VC investors and other jobs 1:01:38 What Rushi has to say about the Trump team buying MOVE 1:04:09 The significance of the U.S. making crypto a national priority Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsor! Mantle Guest: Rushi Manche, Co-founder of Movement Labs Olaf Carlson-Wee, CEO of Polychain Capital Previous appearances on Unchained: OG Olaf Carlson-Wee on Why His Crypto Thesis Is Stronger Than Ever Olaf Carlson-Wee: ‘If There Is a Money-Losing Exploit, the Money Is Gone’ Why The First Employee Of Coinbase Launched A Hedge Fund To the Moon and Back With Polychain’s Olaf Carlson-Wee Special Episode with CNBC’s Crypto Trader: Olaf Carlson-Wee on Why This Crypto Winter Is Different From Previous Ones All Things Cryptoeconomics, Pt. 1, With Olaf Carlson-Wee and Ryan Zurrer of Polychain Capital Links Unchained: Trump’s Crypto Project Bought MOVE Tokens as DOGE News Leaked How Solana Beat Out Ethereum to Nab New Crypto Developers in 2024 Chris Dixon on Why We Will Finally See New App Innovation in Crypto 2025 Will Be a Year of Crypto Competition. Can Ethereum Make a Comeback? With AI Agents Now Trading Crypto, What Does Their Future Look Like? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	When I was in college, I was like, you know, a 20-year-old kid, didn't have a PhD, didn't
0:03.5	know how to code properly.
0:04.8	And I think that's actually the biggest barrier in crypto.
0:06.8	Because if you want to build, like, the next Facebook, which Zuckerberg built his dorm room,
0:11.4	Zucker was able to do that in two weeks to ship a prototype and get feedback on the head.
0:15.8	That same social app can't exist in, you know, Web 3 because if you build EDM smart contract, don't get
0:21.3	an audit, don't spend time on like bulletproofing the code, you'll have an app that goes to
0:25.6	like mainnet and if it gets hacked, you lose your entire credibility, your entire platform.
0:29.9	So I would say it's more geared towards the inexperience and mid-tier developer that really
0:34.5	wants to build an app, really build like a cool crypto app, but doesn't have the experience, you know, that a PhD, you know, each cert researcher it has to write fully
0:42.0	formally your RFI code.
0:46.9	Hi, everyone.
0:47.9	Welcome to Unchained.
0:49.0	You're an OHIP source for all things crypto.
0:50.9	I'm your host, Laura Shin.
0:52.5	We are now featuring quotes from listeners on the show.
0:55.5	Today we have one from Siggy Vascaro on X, responding to the show on crypto kidnappings with
1:00.6	Jamison Lopp. Sigi writes, zero-knowledge financial privacy tech and minimalism can be
1:06.9	lifesaving. To have your comment featured, write a review of the podcast overall, or leave
1:11.4	a comment on our video on YouTube or X. This is the February 4th, 2025 episode of Unchained.
1:18.0	Mantle is building the largest sustainable hub for on-chain finance, launching three new products,
1:24.4	enhanced index fund for optimized crypto exposure, Mantle Banking for Seameless
	...

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