Vitalik Buterin’s Plan for Legitimating Crypto
Deep Background with Noah Feldman
Pushkin Industries
4.4 • 848 Ratings
🗓️ 14 July 2021
⏱️ 53 minutes
🧾️ Download transcript
Summary
Vitalik Buterin, co-founder of the blockchain Ethereum, argues that cryptocurrency’s scarcest resource is legitimacy. Ethereum is the second-largest blockchain ecosystem, making Buterin one of the most influential individuals in the cryptocurrency world. Buterin and Noah delve deep into the nature of legitimacy, social contracts, and what they mean for the reliability of cryptocurrency and the blockchain.
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Transcript
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| 0:00.0 | Pushkin. |
| 0:08.7 | It's hard to read the news these days without asking yourself, how did we get here? |
| 0:13.8 | Fiasco is a history podcast for the co-creators of Slow Burn. |
| 0:17.6 | In our first season, Bush v. Gore, we examine an unmistakable turning point in American politics, the 2000 election, which resulted in a high-stakes stalemate, ended with one of the most controversial rulings in Supreme Court history. |
| 0:30.5 | So if you're trying to make sense at the present moment, check out Fiasco, Bush v. Gore. Listen on theHeart Radio app, Apple Podcasts, or wherever you listen to podcasts. |
| 0:42.0 | From Pushkin Industries, this is deep background, the show where we explore the stories behind the stories in the news. |
| 0:50.3 | I'm Noah Feldman. Today we have a remarkable guest and a remarkable conversation to share with you here on |
| 0:58.3 | Deep Background. |
| 1:00.5 | I was fortunate enough to have a wide-ranging conversation with Vitalik Buterin. |
| 1:07.3 | Vitalik is the co-founder of Ethereum, which you may have heard of as the other extraordinarily |
| 1:13.6 | popular cryptocurrency and a broader blockchain, that is a complex distributed computer network |
| 1:21.6 | on which it is possible to build all sorts of different applications. |
| 1:26.6 | Vitalik has contributed centrally to creating an |
| 1:30.1 | enormous infrastructure and a tremendous amount of wealth. And unsurprisingly, that's made him |
| 1:36.1 | into a kind of folk hero of the crypto world. Oh, and I may have forgotten to mention this, |
| 1:42.9 | Vitalik is all of 27 years old. |
| 1:47.0 | Vitalik is a kind of public intellectual of the cryptocurrency and blockchain space. |
| 1:54.1 | He has a blog where his posts are more like fully crafted, well-thought-out essays. |
| 2:00.2 | This blog, which you can find at Vitalik.ca, turns out to be |
| 2:03.8 | one of the most extraordinary resources you can imagine for anyone who, like me, is trying to make |
| 2:09.0 | sense of this new and complex set of developments in the world around blockchain. |
| 2:14.6 | What inspired me to ask Vitalik to come on the show was a particular post or essay |
... |
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