4.6 • 851 Ratings
🗓️ 3 August 2023
⏱️ 10 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | I do have to ask this question though. So this is meant to take place the transactions, the |
0:04.2 | verifications, et cetera, on the Ethereum blockchain. Correct. Yes. And as you said, that's not |
0:07.8 | particularly good for transactions. And we're talking at a scale of every human being and the idea |
0:11.4 | being that every human being is now connected to the internet, which is actually more internet |
0:14.8 | users than are using the internet today. Yeah. So where are they going to be able to scale this? |
0:22.8 | Like, how are they going to be able to get the bandwidth, the data, the energy use, all this stuff? |
0:29.6 | Has this been addressed at all in any way? |
0:32.5 | Yeah, the artificial general intelligence will solve those problems. |
0:34.7 | Oh, it's going to invent nuclear fusion and solve the fucking problem. |
0:36.5 | Yeah, yeah. |
0:36.7 | Roger. |
0:37.3 | Okay, yeah. So the AGI will solve those problems and create the other ones. |
0:41.1 | But it can't break 256 bit encryption. That's the one thing. It is God, but it cannot fucking |
0:47.0 | break encryption. Correct, yes. Okay. Well, it wouldn't because it's, you know, it's nice. |
0:50.5 | It's good. It's nice. Yeah. It wasn't made by a bad guy. It was made by Sam Altman. Who's nice. |
0:56.3 | Yeah. No, I did touch on that a little bit in the article that I wrote about this, which is that, you know, you need to have internet and a smartphone to be able to use this. And right now, only about two-thirds of the world has those things. I think that's maybe not the biggest bottleneck |
1:11.9 | because, like you mentioned, they're using the Ethereum blockchain. They are using a layer |
1:17.4 | two Ethereum blockchain called Optimism, which is faster than Ethereum, but like, that's a low bar. |
1:24.1 | So far, optimism has not done more than 900,000 transactions per day. |
1:29.3 | So if we're talking about billions of people, you know, there's kind of a way to go. |
1:33.3 | There's more people than that. |
1:34.3 | And there's a couple more. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from TRASHFUTURE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of TRASHFUTURE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.