Proof of Humanity with Santi Siri | GreenPill #3
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 3 March 2022
⏱️ 43 minutes
🧾️ Download transcript
Summary
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Santi Siri - GreenPill #2
Santiago Siri—or santi.eth on Twitter—is building UBI on Ethereum through Proof of Humanity, the "sybil resistant protocol for formalizing human identity on the blockchain" that launched in March 2021.
Santi is a relentless source of optimism and innovation, embodying the phenomenon of Latin American crypto development. Santi comes from Argentina, a country with a rich history of culture, inflation, corruption, and resilience.
Reflecting on his tour through Buenos Aires with Vitalik Buterin, Santi explores the circumstances and possible futures we can build with regenerative cryptoeconomics.
Solving sybil resistance and building elegant mechanisms for UBI are massive pillars for human thriving as we seek to carve out 21st century institutions -- and Santi is helping to lead the way.
Take the Green Pill, anon.
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SPONSOR PILLS:
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🦄 UNISWAP | DECENTRALIZED FUNDING
https://bankless.cc/UniGrants
💳 LEDGER | THE CRYPTO LIFE CARD
https://bankless.cc/Ledger
🧙♂️ ALCHEMIX | SELF REPAYING LOANS
https://bankless.cc/Alchemix
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Topics Covered:
0:00 Intro
3:00 Proof of Humanity
7:05 UBI
12:06 The Goals & Implementation
17:32 Buenos Aires & Vitalik
22:50 Argentine Legitimacy
28:00 Optimism & Validation
34:08 A Symbiotic Culture
38:24 Closing
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Resources:
Santiago on Twitter
https://twitter.com/santisiri?s=20
Proof of Humanity
https://twitter.com/proofofhumanity?s=20
Democracy.Earth
https://democracy.earth/
Kevin on Twitter: https://twitter.com/owocki?s=20&t=A1yy1WYtQlNAOiSxXtGuNQ
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Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012
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Transcript
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| 0:00.0 | Hello, and welcome to the Green Pill. I'm Kevin Walkieve, and this is the podcast about |
| 0:09.9 | public goods and regenerative crypto economics. Today's episode is with Santi Cieri, who is |
| 0:14.9 | the founder of Proof of Humanity. Very, very excited to have Santi on the podcast. He |
| 0:21.0 | is a source of relentless optimism and innovation in the Ethereum space, and especially regenerative |
| 0:27.7 | crypto economics, I see him as a crusader for civil resistance and UBI. As a founder of Proof |
| 0:34.5 | of Humanity, Gikkoin has a relationship with Santi Cieri where he is exporting civil |
| 0:40.7 | resistance into Gikkoin, and we were one of the first integrations into Proof of Humanity, |
| 0:45.8 | which is a civil resistance mechanism that is Ethereum native. Proof of Humanity is a |
| 0:51.3 | civil resistance mechanism as its base layer, but they've also launched UBI, which is a token |
| 0:57.2 | that is streamed to members of the Proof of Humanity registry every second of every day, |
| 1:03.3 | and provides UBI upon which there's actually dozens, if not hundreds, of people that are |
| 1:08.1 | relying on for that for financial support. So using Ethereum to solve poverty, using |
| 1:14.1 | Ethereum to solve civil resistance, and to create a more digital democratic world, that |
| 1:18.9 | is regenerative crypto economics, and I am so excited to bring you Santi Cieri, the founder |
| 1:24.7 | of Proof of Humanity. Alchemics is a DeFi app that offers self-repaying loans that lets |
| 1:31.0 | you spend money and save money at the same time. Alchemics allows you to deposit the |
| 1:36.4 | die stable coin into its vaults, which earns some of the highest yields that DeFi has to |
| 1:40.3 | offer. We can then take a loan from Alchemics of up to 50% of the deposited die, and that |
| 1:45.1 | loan automatically pays itself back from the yield that is generated from your deposit, |
| 1:49.8 | since savings account that the banks don't want you to know about. Alchemics also has |
| 1:53.8 | an EF vaults available, so you can get a self-repaying loan that's denominated in EF. |
| 1:58.7 | Coming up in Alchemics V2 is a bunch of cool new features, such as credit delegation, |
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