Claim that one can stake at home on a $50 machine is such an unethical lie. There is always high risk of loss of capital. If your computer clock is off you lose your ETH. If electricity is out you lose your ETH. If internet is down you lose your ETH. Between ETH inflation and expenses of running the node and risk of getting slashed staking is low margin business with risks and high demand on technical excellence.

I'll just leave this here since RV's interviewers don't drill down into the issue: There is no such thing as "free" network security on the blockchain. The complaint that Proof-of-Work is too "energy intensive" shows the participants in this conversation don't understand why enforcing digital scarcity requires WORK. The energy input into the cryptographic puzzle that secures the chain, and the subsequent hashing of not only the prior block, but the 'found' solution ensure that undoing transactions that have been validated is VERY expensive to do. This is what makes PoW secure. In Proof-of-Stake, you have to externalize your security mechanisms, "oracles" and the rest, because you are merely putting piles of tokens in one address and calling it a day. I've personally used these systems before, and PoS is rife with abuse - for instance, Steem - it was taken over by a well-financed rival that ended up with the biggest stake. That's right - PoS replicates the legacy system in its ability to grant prime voting/veto power to the entity that has the most coins. And if you don't think that isn't ripe for abuse, then you haven't been paying attention. Also, take careful note of ETH's "difficulty bomb" -- their effort to force themselves to pursue a scaling solution by a certain blockheight -- because that particular can has been kicked several times. You know, just like local govts when they raise their "debt ceiling" to avoid dealing with difficult problems. Budget Geddy Lee may be optimistic, but like most in this space, they are full of promises and short on definitive answers. Oh, and as an aside another massive DeFi token hack happened -- what a complete shitshow -- https://www.financemagnates.com/cryptocurrency/news/binance-halts-trading-of-hacked-defi-project-cover-protocol-token-crashes/ Also for fun, a roundup of the top 2020 DeFi loss events (Millions in total) -- https://cryptobriefing.com/50-million-lost-the-top-19-defi-cryptocurrency-hacks-2020/ Enjoy!

No real mention of the effect of the value of the ETH, yeah earning 15% on your capital is insane compared to standard means but that is done in a cash "risk-free" environment. What if you tie up your ETH get your 15% interest but ETH drops in $ value by 30% that year......

This is old stuff! Why are you guys posting something so old as if you just interviewed? So much have changed! Crypto changes weekly, Can't deal with something this slow. Common guys!

Can you explain why it was release just now ..Filmed on July 14, 2020 ???????

I liked the content, but then realized this his a old video.

He has coders eyes...lol

Old

Thanks for the great content!

Lol what, publishing a 6-month-old interview as new content