Comments
Transcript
-
DEThanks fellas, i enjoyed our time together today. ETH to the moon, 0x to the moon
-
TSwill chainlink beat eth?
-
ADPROS: 1. Big talent pool 2. Enterprise adoption 3. Learned from past mistakes 4. The ultimate techo libertarian project, because its' leadership believes in strong money. CONS: 1. Eth 2.0 is an experiment 2. Defi use cases beyond speculation 3. Liquidity vs BTC...... PROS > CONS
-
BPI love when vitalik not so subtly suggests stable coins can be used to replace the stockmarket...
-
MSwould love to see more of deep future crypto talks; where he wants to see things really settling down. when you take just a name Ethereum; does it have any correlation with Nikola Tesla's Ether Analogy :)
-
TPI'd like to add that Vitalik is a bald-faced liar when he says that "tribalism just emerged in 2014". This jackwagon actively encouraged the trend that started on ETH forums of the "flippening" where a perceived value of ETH would eclipse BTC. I get very annoyed when people lie, and especially when someone like Vitalik spews garbage like this. He actively pushed on topics that would annoy or enrage Bitcoiners, and frankly he seems to enjoy being a shit-stirrer just for the hell of it. His sanguine description of Segwit, for example. Vitalik sided with the BCH (BCashers) on that end, and frankly no one in Bitcoin will forget this petty and vengeful treatment. Luckily he's bitten off more than he can chew with Proof-of-Stake, so I welcome the fallout of future consequences of his hasty "ETH 2.0" pivot.
-
KKFor the not too brights like me, is it possible to make a series of videos where beginners can really understand? So much tech jargons in this, I find it impossible to comprehend. Even Nugget occasionally would break it down for beginners but if you ask me his descriptions are just as complex. Without some sort of engineering or computing science background, I am truly struggling. With Roger Hirst or Steven Van like explanations would be extremely beneficial for a lot of people I bet... Thanks!
-
SKETH is very technical. The proof of stake protocol is very difficult to understand for most people. Time will tell if all this will work or not in the real world.
-
JCGreat interview. Vitalik seemed more relaxed than I've seen in other interviews. Really enjoyed the back half quite a bit. Wasn't aware that 2.0 could cause negative ETH issuance, will need to read up on this and may adjust my allocation.
-
JBI definitely understand the comments asking for a more "user-friendly" interview as the intro to the Crypto Channel. However: When I first started my RV journey I was completely lost and had very little comprehension of what was being discussed. That changed slowly with each interview and now I feel stoked when I actually predict what they might say next in an interview. The level of RV content is not designed to "Dumb it Down" it is purely designed to "Raise you Up". Fantastic interview and Alex Saunders was the perfect person to get Vitalik to go on a GeekFest for over an hour : ) Loved hearing about the history and development in a linear fashion. Thanks Alex & Vitalik.
-
MS"Eth is fiat, private seigniorage but with coders in place of economists. Complexity making real-time node supply-checks hard is less the issue, its more the flurry of confused arguments misdirecting away from the lack of mathematically pre-determined supply curve in defense of the fiat-like eth Cantillon: insiders effectively change supply politically." Adam Back
-
rpwaste of time talking about history..with THE founder of Ethereum. I would have asked more about how ETH is evolving as a platform, and why it makes sense for other players to use their network effects. And how would all this economic activieties sit within the current econ/financial systems??
-
SDgood interview. I just took the RV survey and said i wanted you to get Vitalik on, then found you already did. Doh!
-
mfA great all round interview that covered so much, and one of the best ones I've seen done with Vitalik - well done and thanks! Totally on board with the sentiments at the end - there will be many winners....and maxi tribalism reminds me of freegolders. Eagerly awaiting Phase 1 and watching Eth 2.0 closely. Also please say hi to Dima! spoken on twitter a few times...great guy Mark F
-
THEthereum was meant to be a platform for experiments and that's what it very probably will remain to be. Its design has more than one fundamental flaw, even after upgrading to version 2.0. To digitalize the economy, you need to digitalize its participants, its assets and its processes. *In that order*. Business and the entire legal framework governing it is based on trust, not math. The fundamental flaw of practically the entire Crypto industry (and RealVision Crypto!) is, that it has solely concentrated on digitalizing the assets (tokens) and processes (smart contracts). The foundation layer of the entire stack is missing. This makes the entire building very shaky and difficult to develop beyond experimental phase. Digitalizing the participants means creating digital means for expressing trust between the participants. We're talking about digital identities and TrustOverIP here. Without trust between people, there's no economy. Without digital trust between digital identities, there's no digital economy. You need to be able to trust your digital counterparty in a digital transaction using digital facts in the same way as you trust your analog counterparty in an analog transaction using paper-based facts. The problem with "digital fact"-based trust is, that it by definition has no direct business case. You cannot monetize or tokenize identities. (Well... you can try, if you want to become the next supervillain after Mark Zuckerberg.) Hence it is of zero interest to the finance guys. However, that layer has to be built, if you want to have the digital economy on a solid foundation. Building the proper foundation for digital economy is a community effort where everyone takes risks and nobody makes money. How is that for a revolution? I don't believe, that there will ever be an Ethereum version, that has digital trust as its foundation layer. The sole reason for that is, that the "TrustOverIP" foundation layer makes the design of the upper layers entirely different. The data and transaction decentralization models change fundamentally. Tokens will be replaced by contracts between digital identities and smart contracts will become properly decentralized, i.e. visible only to the parties of the contracts. This same rant applies also to Bitcoin. Real money in real economy must be created in a decentralized manner and priced using the degree of trust between the participants of the money creation process. Bitcoin is essentially, from a data management point, a centralized asset creation process, where the money is priced according to a pre-determined formula. Such money has no use in real economy. Yes: bitcoin from data/asset management point of view is centralized as the entire network comprises nodes having the same committed content. You can think of it as a single database with huge number of backup copies. It is decentralized only from the transaction management point of view. In the real world, both the assets and transactions are decentralized. Hence, bitcoin is not a proper match with the real economy and can not become its foundational layer.
-
AKYou must have a whitelisted address and go through KYC to use security tokens on eth, but we are decentralized. I mean this is kind of a joke. Nobody already runs a full node, you have accidental hard forkes and now KYC seems to be getting closer and closer to the base layer.
-
NBThank you for the great content. Please invite Charles Hoskinson from the Cardano project.
-
PKReally horrible interview, you get the greatest mind in crypto short of satoshi. Bitalik has explained all of this in countless videos 20 times every damn year. Eth is on the verge of 2.0 and you could focus on the economics of it and you ask the most boring question about its history. What a waste of your most important guest ever. I am 1/2 way thru the interview and just puking for the wasted opportunity.
-
JCWhoops. Grrrrr. I bought ETCG and the name, classic Ethereum was what I thought i wanted. I just learned that ETCG is an abandoned fork... very frustrating...
-
TKfuture of ethereum: "proof of steak" ...thank you subtitles :)
-
uwproof of stake cant be banned Eth Eos Ada......but bitcoin can
-
WGEthereum is awesome technology and the Defi infrastructure seems to be the future of finance in one shape or another. The one main issue is the exorbitant gas fees which makes using decentralized exchanges out of reach for many. It's still cheaper to use centralized exchange such as Binance to send and receive Eth and the many erc-20 tokens. As well, for many staking 32 Eth does not makes sense for ROI. being locked up and unable to trade them. Hopefully, they can solve the scaling issues soon, and Ethereun 2.0 launches this year. If not, many will become disillusion and move onto other projects.
-
RLVitalik is just amazing. Like a rags to riches story.
-
XPAmazingly conducted interview. Bravo to Alex Saunders.
-
ZGEthereum is a pre-mined scam that has more in common with fiat currencies than anything of value. It's like digital Modern Monetary Theory: 1) Pre-mined 2) No [clear] monetary policy 3) No fixed cap 4) Unknown present supply 5) Permissioned (DAO hack>Rollback) (all 5 like any existing Fiat currency) And has been losing value to Bitcoin (BTC) since it was created. ETH 2.0 is also a mess. These people are testing on production, with other people's money. Vitalik's main skill remains the same - Marketing. And Consensys is really good at that. Don't fall for this pipe dream. Google how just a couple of weeks ago the network was down to problems with Infura - but at least there's a plus in Ethereum being centralized - it's really easy to fix when it breaks.
-
CHSince early 2019 the Ethereum archive node size have been growing by a monthly rate of +5%. It's gone from 3.3TB to 5.6TB in the past 12 months. At this rate it's going to be 55TB in 5 years and 1.5PB (petabyte) in 10 years. Who on earth is going to keep that data? Not a single individual will do it. Turns out "Bitcoin maximalists" are really just realists.
-
BSGreat interview Alex. I just can’t help but get the sense that ethereum now is what apple/amazon was for the 90s. Future utility and network effect is what gets me excited. This is a tech play on the future, not a competitive tennis match with btc maxis over which is better - They are both vastly different ideas
-
FDVery nice interview. So ETH2 will issue less coins = scarcity = improve price? Hope so... perhaps...
-
KNGreat to have Vitalik on! Is there a reason why the interview was filmed 3 months ago but only released today? I was hoping to get his views on Eth 2.0 as it stands today but realized the interview was a few months old.
-
SpJust had a listen to Raoul's interview with Stephan Livera where Raoul said he doesn't think anyone is claiming Altcoins are better money than Bitcoin, and here we are with Nugget and Vitalik happily pitching Ethereum as just that. Let's be clear, making EIP 1599 does not make Ethereum sounds or better money. Happy to discuss these points further if people want to challenge me on that.
-
RPThis is a fascinating story! Well done Alex! I was not familiar with the entire story.
-
uwreally dont liked to membesgip fy
-
WDThe best Crypto interview I have seen.
-
NPGood stuff
-
PCI got 25mins in and was lost. All over my head. I think to bring in newbies such as myself, some “Dummies Guide to..” interviews or external links would be useful. This of course can be done by the user themselves for sure. Lord knows there is plenty out there to view, ponder upon and digest. I suspect there may to information on the Exchange. I shall have a dig. I think, and its early days yet, the Crypto channel needs to decide what level of knowledge is required by the viewer to get the maximum from the interviews. Based on the first part of this interview, a solid foundation seems to be a prerequisite. Personally, i shall head back to external sources to increase my fundamental understanding, whilst dipping back into the interviews here to see if more is making sense. This weekend i shall be trying to move my coin to my new cold wallet. Oh Lord, what could possibly go wrong!
-
HCGreat interview Alex!
-
NLFantastic interview, Alex. Loved hearing about the history of Ethereum and the problems still to solve for ETH 2.0 This was perhaps the most useful crypto interview I've seen in a long time!
-
EGGreat interview indeed, At the begining I was worried that Vitalik was going to speak Klingon (as he often does on Twitter...), but it was actually a great conversation with lots of valuable information from a very smart guy.
-
JSI've been in crypto since 2017 and I have never seen a more boring interview.
-
RHGreat job, Alex. For those newer to this world, trying to understand the landscape, and finding a lot of this over their heads, I recommend listening to the full analogy used by A. Antonopoulos of the lion and the shark. Bitcoin and Ethereum, each apex predators of their distinct domains. Although, the future is of course uncertain, and there is some other competition. It's a big beautiful world full of ecosystems, and room for many to thrive. And there are also some great technologies trying to connect all of this world together. As Vitalik says, there will be many winners. There will be many ecosystems. And unlike web 1.0 or 2.0, this time retail is actually able to invest in early-stage technology and make the kind of returns that used to be reserved exclusively for the rich and well connected.
-
MDThanks Vitalik and Alex. Conceptually smart contracts are visionary.
-
KBThe most intriguing take away from this interview was Buterin's statement that, under ETH 2.0, the growth of ETH would change from an increase of 4.7 M per year (+4%) to a potential net decrease of 500K per year. If this is correct, it would make ETH a potentially harder asset than BTC. However, admittedly the growth of ETH could change in the future, while the decreasing growth rate and ultimate cap on BTC is firmly set. Nevertheless, this, along with the potential variety of use cases of the Ethereum platform, would seem to support holding ETH as well as BTC.
-
SBInterview was interesting....but very difficult to understand for a beginner. Maybe future interviewers can ensure interviewees can "dumb it down" just a little bit for better audience understanding.
-
MFSo, for the normal investor which to buy and why? Can we sainely and safely have multiple type of coins?
-
CPI am a big believer in Bitcoin but I am very thankful for Vitalik and all the work done by everyone involved with Ethereum. From my perspective, all the work done by them has let Bitcoin be Bitcoin. It's taken the pressure off of Bitcoin devs to experiment too much with Bitcoin and 99% of the experimentation with this new technology can happen on projects like Ethereum. Yes, most of them may fail but hopefully we will discover that the few that remain will be complimentary and add value on top of Bitcoin. Thanks RV and Nuggets for this awesome interview.
-
DCWow! I'm already starting to love RV Crypto. Excellent interview led by Alex, and Vitalik is really a true legend in the Crypto space.
-
JDLightning stalled? Nah. I had seen enough at that point.
-
IOhe is so transparent and genuine, all the haters disparaging Viitalik and ETH should just hold their crypto of choice and STFU rather than spew their garbage everywhere, it is clear they feel threatened. As the saying goes, be greedy when others are fearful.
-
SSGreat interview. Now please get the other Co-Founders of Ethereum who launched their own projects to RV. Cardano - Charles Hoskinson Polkadot - Gavin Wood
-
ACThis is brilliant! Still not sure how ether will be money one day but I’m excited!
-
WCYes, The one has ive been waiting for.
-
RPI can foresee a lot of spicy comments in the crypto section. It's important to keep an open mind and do your own research!
-
DO2 Legends!!!! Great Interview
-
LBThanks. Great content and looking forward to more.
-
MGGreat interview Alex!
-
SCKeep an open mind and the future is sure bright with ETH2.0 and EIP1559 coming. Also as Vitalik says, "there is sure to be more than one winner".
-
RWGreat interview, brings back memories, DAO, ETH/ETC split, those were the days right!? Also nice view towards the future which is going to be very exciting with DEFI and ETH2.0 unfolding. Exciting times ahead of us! Really enjoyed listening /watching this!
-
GHFascinating. 99% of it over my head, but got to start somewhere.
-
MCFascinating discussion and review of the history and development of Ethereum. Not sure I understood it all.
-
PKcan you not ask him how it all started. You have 1h, he has answered this same question 100 times already. please focus on creating value. you are real vision.
-
DMGreat interview Alex.