Speaker unverified: belief

Transcript context

…He starts getting a little salty. He's like, guys, I should be a co-founder and I should be CTO, because what are you going to do without me? He and Anthony actually have a pretty big argument, supposedly at the house. Everything's happening so fast and I think it's settled there. They're like, all right, well, let's just get to Vitalik’s presentation and watch this thing. We'll see what happens after that. 30 AM on Sunday. I think that was maybe the last day of the conference or something, January 26th. Still not on the main stage, but word had gotten out that this was going to be a big deal. Vitalik takes the stage, the room is packed. Everybody in the crypto community is there. He announces Ethereum. I think he announces that the test net is live, and people go nuts. It's like a rock concert. There's a standing ovation, there's cheering. People are really jazzed about this idea as they should be. It's so ambitious. The reason it hasn't been done is largely because it's just phenomenally risky and a ton of work, and then we'll require an enormous groundswell of community support in order to make it happen. Bitcoin already had this huge lead, all these network effects. It's like me saying, I want to start a new operating system, and then I'm going to build a new app store on top of that operating system. It's just nutty.…

Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.