Does Gwart Hate Ethereum?
Episode publishedPodcast: 0xResearch0xResearch
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We all have to come to this, once again, hard swallow pill realization that the level of censorship resistance and decentralization required is many, many orders of magnitude lower. And I'm sorry to say this, but it does not matter at all how decentralized the chain you are sending USDC to somebody on if Circle can go in their database and scratch out your name and say you no longer own that. It does not matter. If stablecoins are the killer use case, we can probably do away with solo stakers. We can probably do away with a lot of these cypherpunk ethos things.
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Yo. Thanks
for hosting, Bach. Happy
to be here. Fantastic. I
assume we're gonna spend most of our time talking about ETH, but before we delve into that, I wanna ask about what do you guys care about that's non ETH and non Solana in the markets, like, right now? What do you spend most of your time thinking about? And we can go press with you board. Yeah.
I mean, I'm, like, following this AI coin meta not so closely. It's obviously the talk of Twitter. So, yeah, that that would be the the one thing I've been paying interest to. I think that the little mini bull we've had recently with Bitcoin is pretty interesting leading to the election. I don't know. I don't really try to pontificate too much as to whether or not this is indicative of a Trump win or what what the markets are telling us, but I've obviously been following this a little bit. So, yeah, that that that's what what I'm looking at.
Yeah. I think the the AI stuff is is definitely the interesting thing, and I there's the the good part about the AI meta is that there's a left curve and a right curve explanation to it. The the left curve explanation is the more compelling one, which is just that it's it is a generational technology. There's no way to bet on it in public markets because everything's private, and people are just gonna wanna speculate on these coins. I do think it's kind of funny that people thought people wanna speculate on decentralized training, and it turns out they just want shit talking AI bots, which is
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