The Ancient Greeks invented money. 2100 years later the Franciscan monk Luca Pacioli, an Italian, invented double-entry bookkeeping.
And now 700 years later Satoshi Nakamoto invents bitcoin and Vitalek Buterin Ethereum. So these are the natural Japanese-American and Russo-Canadian add-on’s to the pre-existing systems?
Hopefully, what is required to upgrade our systems and processes with the flexibility and innovation they need to work efficiently.
Thanks for outlining concepts like smart contracts, value chains, tokens, oracles, beta, gas, computational nodes, market makers, flash loans, atomic transactions and burns… fascinating stuff, these emergent technologies!
To quote Vitalek the Ethereum oracle at the end of 2018: “If you’re trying to figure out where to store your life savings, traditional assets are still your safest bet,”.
I wonder what he would say now? Your own predictions have such wide variance, leaves it all pretty much as still Greek to me.
I do find it fascinating though and will most certainly continue to pay attention. Thanks for the great interview and insights guys!