Vitalik Declares DeFi Ethereum’s Killer App | Ryan & David
Episode publishedPodcast: BanklessBankless
Transcript preview
Preview only
In a brand new blog post, Vidalik Buterin positions DeFi as the main quest line of the Ethereum project. He thinks DeFi can and should be Ethereum's core business that provides the economic backbone to the rest of the Ethereum project. He makes this comparison between Ethereum's DeFi and Google's search, where Google search was this boring business, but it was a stable, dependable revenue engine, massively profitable revenue engine that sustains the Google network and enables Google to have more experimental values driven moonshots. At Bankless, we think this article is significant.
Yes, do.
Historic, Historic even? Yep. Because of what it represents for Ethereum and also Vitalik's attitude towards what Ethereum is good for. So in this episode, we're gonna break down the article. We're gonna highlight the main points, provide some commentary, and then give our takes about what we think was perhaps left unsaid or left up to the imagination of the reader. Ryan, what'd think?
Love this article, and I gotta say, you and I, David, we have a big imagination, so there's lots of embellishment we could do, and there's lots of interpretation we can bring into this episode. And, of course, we're gonna do that because this is a Bankless Takes episode. So it's not just Metallic's take. It's mostly my take. It's our take about Metallic's takes. Just content upon content here. David, before we get in, we got some friends and sponsors. We got a shout out. Tell them about Zero G, the AI blockchain.
Yeah. Zero G, brand new AI layer one chain that exists to be an end to end decentralized, truly verifiable AI operating system. It's massively scalable, so you can actually put AI on the blockchain, which in previous generations of blockchains that made that sentence made no sense. But with zero g, you can actually put AI on the blockchain. Think of like a it's a modular chain with compute storage data availability and also agent frameworks that are all part of the ecosystem. Subset a second to finality with, well, like a thousand x lower gas fees than any leading l one because that, of course
Here's the title. Low risk DeFi can be for Ethereum what search was for Google. This is a Vitalik Peter and post. He posts his thoughts on vitalik.eth.limo. This is, I guess, a decentralized link that you can access
I've found elsewhere. Yep. Mhmm.
Okay. And we don't always go over Vitalik blog posts. I read every single one. I think you do the same. Yeah.
We we you and I talk about every single one.
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.