Udi Wertheimer | Layer Zero
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 11 January 2022
⏱️ 68 minutes
🧾️ Download transcript
Summary
Udi Wertheimer is a notorious persona on crypto twitter and is endlessly difficult to pin down. At the very least, Udi is an interesting and unique character, describing himself as a cynical optimist with a tendency to antagonize and troll.
Udi is also insightful and pragmatic, constantly making connections and critiques of the space with a sharp eye and a relentless desire to call things out when he disagrees. He blurs a lot of lines, and you always have to be on your toes when Udi’s around.
There’s value in having members in the community who never give the benefit of the doubt and act as a philosophical razor for the space. Udi is full of takes, and this conversation twists and turns through the entirety of crypto—trading, culture, communities, memes, the metaverse, and beyond.
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Topics Covered:
0:00 Intro
3:30 Udi, a Meme Tactition
9:08 Trading Ponzis
15:58 Not Changing the World
22:22 Optimism, Memes, Community
30:20 Winners & Decentralization
38:33 Composability & User Experience
42:14 SBF and Competition
49:10 Culture & Meme Communities
55:30 Bitcoin Twitter vs Bitcoin Reality
1:01:00 Pricing Values
1:06:30 Critique of Ethereum & Bankless
1:14:53 2022, Metaverse, Resolutions
1:22:19 Closing & Disclaimers
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Resources:
Udi on Twitter:
https://twitter.com/udiWertheimer?s=20
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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
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| 0:00.0 | Welcome to Layer 0. Layer 0 is a podcast of unscripted conversations with the people that |
| 0:12.6 | make up the Ethereum community. Crypto is built by code, but is composed by people, and |
| 0:17.1 | each individual member of the crypto community has their own story to tell. |
| 0:21.2 | CypherPunks understood that the code they write impacts the people that use it, and Layer |
| 0:24.4 | 0 focuses on the people behind the code because Ethereum is people all the way down, and |
| 0:28.8 | it always has been. Today, I'm talking with Udi Worthheimer, and Udi is one of the most |
| 0:33.3 | interesting and unique characters, I think, in the crypto industry. He's frequently cited |
| 0:38.0 | as a troll by many of the people in the Ethereum community, and I think that's just because |
| 0:43.6 | of his generally cynical and antagonistic disposition. He likes to poke fun, he likes to make |
| 0:50.6 | some funny jokes, but overall, he's also just really insightful and makes some connections |
| 0:55.6 | that I think a lot of people fail to make or just forget to make or tends to be a little |
| 1:00.6 | bit more pragmatic. I've always wanted to get Udi on in a much more unfiltered sense, so |
| 1:05.8 | I think this is the perfect podcast for this because Udi has persona about him that it's |
| 1:11.8 | hard to tell if it's a facade, if he's playing a role, or if that's actually Udi, so I'll |
| 1:17.3 | let you determine for yourself what you think about that. Before we get into that conversation |
| 1:21.0 | with Udi, we must hear about some of these fantastic sponsors that make the show possible. |
| 1:25.1 | The Brave Browser is the user first browser for the Web3 Internet, with built-in privacy |
| 1:30.3 | and ad blocking to keep you in charge of your digital footprint. And inside the Brave Browser, |
| 1:35.0 | you'll find the Brave Wallet, the first secure crypto wallet built natively inside of |
| 1:38.8 | a Web3 crypto browser. What's Web3? Web3 is freedom from big tech and Wall Street, more |
| 1:43.8 | control and better privacy, but there's a weak point in Web3, your crypto wallet. |
| 1:48.8 | The Brave Wallet is different. Brave Wallet is built natively inside the Brave Browser, |
... |
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