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Vitalik Buterin

Published podcast speaker

Claims
22
Episodes
2
Shows
1
Named items
0

Claim ledger

What Vitalik said.

7 transcript-backed records

01 / evaluation

I think one of the problems of libertarian tax havens and libertarian havens in general, both online and offline, is that they attract both people who like freedom and rich people who are not particularly interesting.

“I think one of the problems of libertarian tax havens and libertarian havens in general, both online and offline, is that they attract both people who like freedom and rich people who are not particularly interesting.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler

02 / evaluation

One of them is that offering a zero-fee market maker is itself a costly activity because if you do the equations, you get this result that you’re — instead of earning the average of the earnings of two assets, you’re earning the geometric mean of those two assets, which is lower than the arithmetic mean, and so you lose a bit of money.

“One of them is that offering a zero-fee market maker is itself a costly activity because if you do the equations, you get this result that you’re — instead of earning the average of the earnings of two assets, you’re earning the geometric mean of those two assets, which is lower than the arithmetic mean, and so you lose a bit of money.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler

03 / evaluation

Converting ether into fiat currency is absolutely not frictionless. It is very possible that it’s not going to significantly get more frictionless in the near- and medium-term future because of all of the banking issues, where cryptocurrency exchanges have a hard time getting and maintaining bank accounts.

“Converting ether into fiat currency is absolutely not frictionless. It is very possible that it’s not going to significantly get more frictionless in the near- and medium-term future because of all of the banking issues, where cryptocurrency exchanges have a hard time getting and maintaining bank accounts.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler

04 / evaluation

I think going to Beijing and seeing the Summer Palace, and then going to Tokyo and seeing some shrine and whatever, is basically useless because you don’t really get more than you would get by going to Wikipedia.

“I think going to Beijing and seeing the Summer Palace, and then going to Tokyo and seeing some shrine and whatever, is basically useless because you don’t really get more than you would get by going to Wikipedia.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler

05 / evaluation

Another one is, of course, that all of the actors are anonymous, and what that means in practice is that you cannot drag people’s utility down below zero.

“Another one is, of course, that all of the actors are anonymous, and what that means in practice is that you cannot drag people’s utility down below zero.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler

06 / evaluation

Particularly when you run into things like what I call speaker/listener fault equivalence, which is basically this idea that if the protocol requires Alice to send a message to Bob, and the protocol detects that Bob never showed a message from Alice, then the protocol knows that either it’s because Alice forgot to speak or it’s because Bob pretended not to listen.

“Particularly when you run into things like what I call speaker/listener fault equivalence, which is basically this idea that if the protocol requires Alice to send a message to Bob, and the protocol detects that Bob never showed a message from Alice, then the protocol knows that either it’s because Alice forgot to speak or it’s because Bob pretended not to listen.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler

07 / evaluation

The conclusion of my post, or at least part of it, is that I do think that blockchains are logically centralized, basically because there is one blockchain.

“The conclusion of my post, or at least part of it, is that I do think that blockchains are logically centralized, basically because there is one blockchain.”
Speaker
Vitalik Buterin
Publisher
Conversations with Tyler
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