Comments
Transcript
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HBWow web.3 was very interesting to me. And I became very enthusiastic about this. Like more of this content! Any recommendations within RV?
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HABitcoin is the next Bitcoin. Blockchain is a flop except for BTC
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EBReally well put all around- Olaf is a master of breaking down Web3--- Ian LeViness -- Twitter @Expatcrypto3
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DRIt was excellent, eye opening, well vulgarised, I look forward for Olaf
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MPOlaf and Ash... really comprehensive. Understanding much more than i did an hour ago. Thx!
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JCWould be really cool if this video had bookmarks like most RV videos. I'm fairly familiar with Web3, so I generally assume these RV Crypto videos are going to be too basic. That being said, I'm sure there will be a lot of good info in RV Crypto and it would be nice to be able to easily skip the topics I don't need to be explained to me.
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DOsuperb!! superb interview!! amazing!! cheers!
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CDA terrific interview. Hands down, the best one on RV bar *none*. This content is so far ahead of what one can get elsewhere. I will listen to it again for sure, and just downloaded the transcript. Can you lasso Olaf to become a regular RV contributor? He grasps this stuff at superbly deep level. If not please get him back as often as possible.
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MOGreat interview. Thank you
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RZOne of the best interviews I've watched on RV to date. Thank you both!
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GGSo, at the risk of sounding blunt...how do the builders of defi networks such as the collateralised lender actually make money?
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MRTerrific interview Ash!!! Get Olaf back to finish and talk about DeFi!
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MRAsh: I wanna sue TCP/IP....that is awesome!!!!
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JHReally enjoyed the interview, great content, thank you.
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SMGood interview; very bright on the macro. Personally happy I did not buy any Filecoin. After this episode aired Filecoin crapped the bed. $200M ICO in 2017, 3-yrs of waiting, massive miner investment in hardware and Filecoin screwed up the tokenomics. Like to have another interview on what went wrong and how they remediate.
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CTRegarding the need for abstractions (as touched on by Olaf at 0:58:25).. I wonder if the FIO protocol will help. The list of companies in it the FIO ecosystem is impressive, see <https://fioprotocol.io/ecosystem>. Ash, the UX aspect of cryptos might be a worthwhile topic for one or more future interviews. I applaud PayPal's recent announcement in-largelpart because I think it sets the scene for UX progress. (Another aspect of crypto UX.. Is it really sustainable for every transaction involving a cryptocurrency to be a "taxable event"? I wonder how PayPal will navigate that.)
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MJ10/10
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DDAwesome interview! One of RV Crypto's best, without doubt. Olaf's understanding of the underlying mechanics paired with ability to zoom out to bird's eye view of the space and think forward are an extraordinary combination.
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jgI have a simple question regarding bitcoin. I understand there is a limited amount of bitcoins that can be mined. And scarcity drives prices up if there is demand. But if the price of bitcoin rises, what stops proliferation of alternative crypto currencies? Won't we see so much supply that prices will fail to rise?
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KQThe best interview on Crypto by far. Olaf is brilliant but more importantly is able to communicate complexity in a simple to understand language and use of analogies. Please get him back ASAP. Thank you for sharing this knowledge and continuing to educate the community.
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MOI'm simply blown away by this interview!
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MDThanks Ash and Olaf, Interesting discussion. I seriously wonder about legalities, especially when ownership is involved. I understand the security is in the objective verification of an transaction (sorry - but will always object to the use of "maths and physics" to enforce it - no no no no no-no-no-no no :) ). The no-crypto world has pretty decent laws associated with changes of ownership. Yet crypto is just code - just because the logic and security is tight, doesn't necessarily mean it is legal. I am non legally trained, but just wondering? I guess two parties can agree which may negate their rights, (so participating in BTC means they accept the "rules" of the code). Yet I would love a sharper legal mind to consider the legalities, who owns what technically, what do they own? An line on the blockhain? Sorry, detouring, some nice ideas yet they need to operate within a rule of law don't they? Olaf was considering some by saying BTC can't enter into a legal agreement - Filecoin can somehow enter smart contracts. Others are probably years ahead of my questioning in working out solutions??
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JHexcellent. Thank you guys!
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JCDefinitely got my crypto senses stimulated. Love this and look forward to sharing it with anyone who will listen. Great stuff. Love this platform and your interviews! Keep it up with similar interviews.
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NLgreat stuff Ash. Thanks to both of you.
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JHThis was just phenomenal - one of the best videos of 2020, as far as I’m concerned. Fascinating and a space that is ripe for so much innovation (and yield!). Cheers.
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HVFantastic comprehensive overview on the history and developments in crypto bringing us into the future of the unknown unknown, super fascinating🔥
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ECAsh, long time follower, first-time commenter. Seriously one of the interesting interviews so far. that hour flew by. Can you please get Olaf back? i want to hear the rest of your Q&A. You guys keep blowing my mind on this crypto stuff. keep up the great work!
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SV“Fooling around with alternating current is just a waste of time. Nobody will use it, ever.” — Thomas Edison, 1889 Bitcoin Maximalists are like Thomas Alwa Edison. Edison might have kickstarted the Electrical Age with his discovery of DC and the invention of the light bulb, but he was also (or maybe because of that) incapable of seeing the true power of Alt Current (pardon the pun) and the innovation it would bring. AC took over the world eventually, despite Edison's attempt to discredit AC by casting a negative light on it by introducing the electrical chair. This gives us a glimpse of what's to come beyond Bitcoin for Proof of Stake networks like ETH 2.0, Cardano, Polkadot, etc. in the near future and I couldn't be more excited! It is truly remarkable seeing the innovation in the Web 3.0 space that is happening now and this interview left me hungry for even more. Great guest and interview. Looking very much forward to a part two to this!
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piunreal!!
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PJHaving now read the transcript after watching the discussion, I am looking forward to part 2. Having only a helicopter understanding of the technology I would be interested in a discussion around how adaptable platforms such as ethereum can be going forward i.e are they likely to be the next Netscape or Google (if that analogy is correct)
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KMBest interview in crypto so far. Thanks Ash.
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SLI'm so new to this space, and I'm blown away. Olaf is amazingly clear, exciting and brilliant. Ash did a great interview. Now I just need to understand where i can allocate investment dollars to participate. Obviously more than just bitcoin and etherium. Thanks, Real Vision!
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SFWow! Possibly the best interview on the future of blockchain / crypto space - outstanding! Olaf definitely seems to have his finger on the pulse of Web v.3..
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DMBring this guy back!! We want Part 2!
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MOOlaf has a gift for communication and taught me a great deal about the way things are headed
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KPThis was an excellent interview on the crypto world. I thought how he portrayed the scene and the use of internet analogy to explain complicated concepts were spot on. What a talented young individual! Can't wait for Part 2. Thank you.
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JSYou just sent me deeper down the rabbit hole!!! Thank you, best crypto interview so far!
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VLMy only fear is that the whole world is moving at the speed of light and that my small brain is unable to take it all in. Keep doing the good work in educating people like myself who, until recently, thought that the Walkman was the invention of the 20th century! (Well, it was the iPod of the 80’s 😀)
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DBProbably the best crypto interview I have seen. Please have Olaf back!
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RSTwo very intelligent people discussing a complex subject in clear terms. Well done. Even though I am new to blockchain, it's easy to see that this is revolutionary. I printed the transcript.
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FSYou'd think RV could shell out for some upgrades to Ash's backdrop for the sake of the content quality by now 😂😂
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RMOlaf is the Raoul Pal of crypto... contrarian investor mind in the crypto sector (with returns to prove it) and ability to explain things clearly. He is the GOAT - helping to create markets (i.e., DeFi). Please have him on more often. And, excellent questions, Ash!
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BMCan we get that Part 2 In short order?! That was a real good one and would LOVE to hear about Olafs value accrual POV.
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DFIs GBTC the only bitcoin ETF out there?
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FSYou'd think RV could shell out for some upgrades to Ash's backdrop for the sake of the content quality by now 😂😂
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ALI have heard this type of discussion a number of times but this time and the way he explained it, everything just clicked, thankyou so much!!! Why do we have to wait for pt2? Life is too short, just Keep the cameras rolling Ash!!!
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SSThe use of Wikipedia as a political disinformation tool begs for a novel blockchain solution.
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SSGreat interesting content. The blockchain space sounds super exciting but I don't understand how you make money developing web 3 type open software products. You need to make an income to have the resources to develop something. I don't understand the business model. Can anyone crystallise the business model framework with a real example? I am interested in in orienting myself in this space.
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DXIncredible interview! I am still in shock at how honest the Real Vision coverage of the crypto-space is. The intellectual myopia of bitcoin maximalists is probably the most negative aspect of crypto and exceedingly dangerous for anyone new to the space who genuinely wants to understand. I am so relieved and impressed to see Real Vision cut directly through such short-sighted thinking. The innovations led within DeFi and Ethereum around liquidity mining which Olaf discussed here are absolutely groundbreaking, and yet written off categorically as unsustainable scams by bitcoin maximalists. Fantastic work, thank you Real Vision!
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jnI cannot believe that the various governments of the world will permit this transformation from their oversight and taxing
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CWYes, Part II needed. Great interview.
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CCI had the pleasure of seeing Olaf speak at a conference back in 2015 while he was still at Coinbase. He explained the security model that Coinbase uses to protect their crypto funds. I was very impressed by the model, and it gave me a lot of confidence in Coinbase as a company. Olaf leaving to start his own thing was inevitable. Very talented, and excellent speaker as well!
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DM10/10
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PWFantastic interview - looking forward to part 2!
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PJExcellent pity more people don't seem to be watching
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BKExcellent Discussion. Please bring him back!
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BIFascinating! Can’t wait for Part 2.