Here are the timestamps. Please check out our sponsors to support this podcast. 0:00 - Introduction & sponsor mentions: - Wine Access: wineaccess.com/lex to get 20% off first order - Athletic Greens: athleticgreens.com/lex and use code LEX to get 1 month of fish oil - Magic Spoon: magicspoon.com/lex and use code LEX to get $5 off - Indeed: indeed.com/lex to get $75 credit - BetterHelp: betterhelp.com/lex to get 10% off 1:33 - Hedgy 1:59 - Digital vs physical world 9:53 - Definitive truth 14:08 - Decentralized finance 22:37 - Smart contracts 28:53 - Hybrid smart contracts and oracle networks 45:39 - Applications of smart contracts 1:03:45 - AI and smart contracts 1:11:17 - What agreements can be turned into smart contracts? 1:22:19 - Privacy 1:32:38 - Trust 1:48:12 - Bitcoin 1:56:26 - Satoshi Nakamoto 2:03:46 - Ethereum 2:09:36 - Chainlink design decisions 2:22:04 - Dogecoin 2:26:21 - Book recommendations 2:38:31 - Advice for young people 2:50:35 - Meaning of life
Act Safe innocent human in 21st China Evil Genoside Camp. No judge, no sentances. Mass Torture, Rape, Organ harvesting, Human disappears Cremotory Plant! More 2 mln souls, More 380 Evil Camp. We can stop. Thank you Human!
We were supposed to be out of Afghanistan in April/May under Trump, Biden pushed it out to September... Enemies like the Taliban promised war if we didn't leave by our original withdrawal date. The media tricked you bro, Biden isn't ending the war, he's forcing the Taliban to attack to keep the war going that Trump ended.
LEX I FUCKING LOVE YOU! Thank you so much for interviewing Sergey. He's a perfect guest and I've always thought he should go on your podcast. You are the perfect person to interview him.
Absolutely agree. I love seeing these two discuss technology from their respective disciplines and fields of expertise. Sergey suggesting adding a smart contract layer to AI systems was a fascinating discussion that I didn't anticipate them having, not one I've ever considered before. I've also never seem Nazarov smile so much. You cant tell he appreciated Lex's ability to discuss these topics.
Sergey gave by FAR the best "advice for young people" of any of your guests thus far. Exceptional. Lex's additions to that conversations were incredible as well. Well articulated my friends.
If during the internet’s inception and integration there was a platform like this for the academics, creators, and early adopters to speak freely about their intentions and what was transpiring we would be living in a better world today. Therefore Lex, I believe you are directly contributing to a better future by providing this platform and conducting these conversations. Thank you, truly!
Your on a roll with releasing interviews. Thank you for what you do. How is Austin? Hitting the 90s next week. My son lives there. Thanks for your time.
Rogan is for sure more entertaining. Lex channel is real intelligent and thought provoking. At the same time he’s also dry ,really dry to the point you can hear the dead air. but maybe that’s his personality
"Nakamoto stated that work on the writing of the code for bitcoin began in 2007" in 2007 Sergey Nazarov was +-18 years old, although I believe him to be extremely smart I don't believe that he had enough years of coding experience in his belt at that point in time to have invented bitcoin. When you read the cynicism in some of Satoshi's writings / comments you can easily see he is a very well seasoned developer with many years of coding and life experience in his belt even in 2007-2010. My guess is that in 2007 Satoshi (if he was even one person ;) ) would have been in at least his thirties...
@@BernardVisagie smartcontract.com is the landing domain page for what is now known as chainlink's smart contract page, the domain was registered the 25th of October in 2008. The first email announcing the BTC whitepaper, sent out by Satoshi was released the 31st of October in 2008. So, six days before announcing bitcoin to the public, the domain for chainlink was registered and secured. A few weeks later Satoshi left to work on other projects... so even if the claim that Sergey may be satoshi isn't true, chainlink was in the works at this time which negates your baseless claim he did not have enough experience coding at age 18. You should look into the evidence supporting the claim that he's satoshi before denying it based on your "feelings" or a "guess". Theres a lot more evidence than what i've laid out here it isn't just a hunch people have.
@@tekenefigueira6899 Do you agree that the domain Chain link could have had a different purpose in 2008? This is circumstantial evidence at it's best, carry on with your delusion, it does not bother me :)
@@BernardVisagie ?? smartcontract.com was registered by sergey, he later changed the name to chainlink as it stands today, buts its the same thing (this is one amongst a body of other details)...first off, i'm not saying that sergey is or isn't satoshi, what I am saying is that the best argument i've ever heard concludes with sergey. and theres a body of evidence, of which i can tell you've never bothered to actually look into. and what I was only pointing out was that your statement he was too young to be developing in this space, is false b/c he was working on chainlink as early as 2008, highlighting that you were speaking out of your ass or your emotion however you want to put it. you seem to assume you know Satoshi's age and what his overall temperament and skill set is but yet i'm somehow disillusioned...okay
Fascinating interview, Lex. It's hard for me to understand the intricacies of how the technology works, but I'm excited for what it can do for society. I hope Sergey Nazarov is hugely successful in his endeavours.
I think that might be my favourite interview this year. There was more scope in that than I even realised and I was already extremely optimistic about Oracles.
I got goosebumps multiple times during this. This new technology is so exciting. I really want to learn to develop in this space! Not even the moon is the limit when this technology takes hold of the market.
@@kjo14 not too late. Still a few dollars below ATH at the moment. Also, it has an immense amount of room for growth as it’s utility hasn’t even scratched the surface in the real world. Staking still isn’t live so accumulate and hold for that. Also, crypto comes in cycles. The end of the bull run will come and we will enter a bear market. Alt coins drop like up to 90% on average. I’m not saying LINK will drop that low but a 50-70% drop will come allowing you incredibly low entry points for more accumulation.
> When you read articles about financial freedom, you may hear people talk over and over again about how they spend next to nothing to be able to retire at a younger age like 30. Instead, they may have already achieved financial freedom and boast about how frugal they were in order to retire well before the typical retirement age.
Planning for retirement, or even financial freedom, is a marathon and not a race, as the saying goes. Breaking your financial independence goals into small pieces can help you stay on track while making the process a little more manageable and hopefully a little less stressful. Even if you are starting small, the important thing is to start. The investment creates a safe haven for the future. Everyone needs it so you don't go bankrupt when you stop working
The first level of financial freedom is creating an emergency fund. Ideally, this will also include paying off any credit card debt. Unfortunately, living paycheck to paycheck is the reality for millions of Americans. I think I like to play again with the stock market, any recommendations?
I don't really make recommendations, I just invest for profit and mind my own business, but I would do it for a reason and it is for the betterment of all.
Hahahha that's some deep and epic humor: "I've never seen a stuffed animal that looks pissed off at life, they're usually smiling... and this guy was just pissed. I like this guy"
man. The advice about truly enjoying video games when you are young, starting a business a young person, etc. That should be required listening. Amazing stuff here.
Lex, the arguments in Jiu Jitsu about clarifying the rules are the attempts to minimize reference to oracle equivalents so that the game can be played to its natural boundary. The game of Jiu Jitsu is one of the best trust building technologies on the organism level of analysis, where identity is known and persistent. The belt system functions like signaling hierarchy for validator nodes. Hence why a black belt visiting another school is not only expected to meet a technical level of skill but also to align their behavior as they would want it to reflect on their instructor / lineage.
thank you Lex for broadening my horizons on a very very tough concept to initially grasp. you ask the right questions, bring on the right people to speak in long form content and overall are making your viewers smarter individuals. grateful to have discovered you first through joe rogan
I have the POWER to leave a comment. I really like how youtube hands me these videos! I respect you so much Lex, and I really like your interviews. Keep up the good work, I really appreciate this convo as well!
Ho-ly fuck what an honor that Lord Nakamoto was gracious enough to bless you with his presence. we are all enhanced by his technological blessings. rogan next as SN=SN 1:32:45 1:42:00 1:56:30
Bravo, Lex. Bravo...Speaking to the intellectuals of the world and including their perspectives. Great amount of influence you have on your journey sir.
most important line of the podcast. 47:22 - "soften boom and bust cycles by making info immediately available to all market participants. Which is what all participants want, except the very small minority able to game system in their benefit and gain on booms and avoid busts because of their asymmetric access to information."
Here are the key ideas/definitions I've written down from the first hour of this video: Decentralized finance is the instantiation of a specific type of smart contract. A hybrid smart contract combines the on-chain code together with the off-chain proofs. Decentralized finance provides 3 very powerful things: 1) Complete transparency over the financial protocol where your assets are 2) You control your assets and not a third party 3) Superior Yield Decentralized finance gives people features without taking data and ownership of value from them. A smart contract is a tamper-proof digital agreement that can know things about the world. The smart contract is on-chain, this is where the conditions are written. On-chain code is transparent, can receive, hold and send value. The on-chain part of a hybrid smart contract 1) defines the agreement 2) takes in value 3) returns value based upon the conditions codified in the agreement on the blockchain. The 2nd part of the contract is off-chain. Oracles and decentralized oracle networks achieve consensus and decentralization about the topic of what happened. An oracle node is an interface of web 3.0 use of services.
Funny I was actually working on a project on a hybrid smart contract while listening to this podcast... Thank you some much lex for this platform. Love from Nigeria
@@fivegkills6111 um, that's not really been my experience with regulations and regulators. It would be nice if that was the case, but my universal experience has been that regulation almost invariably increases the complexity and difficulty of a system. If a market gets large enough, then you run into problems like regulatory capture where the largest businesses in a space exert so much control that they are able to shape the regulations being written to favor themselves over smaller/newer/more innovative competition.
Chainlink is so far ahead of anyone when it comes to the oracle problem and using blockchain to its full potential, that it’s almost inevitable that it’s going to be something used on a massive world changing scale. Someone on /biz/ explained it best when they said companies trying to build their own oracle networks instead of using Chainlink would be like Amazon building their own airplanes and vehicles for logistics instead of buying Boeing jets or Dodge vans.
i agree. chainlink isn't mining for gold but selling the equipment to everyone who wants to mine for gold. chainlink is definately going to be a top runner in creating a global standard in providing the services needed and the communication needed for the oracles and smart contracts. still too early to tell but we will surely be more confident where things are going in another 5 years where the technology has a chance to start booming at a monumental pace just like the internet did in the 90's. we don't see this type of technology that is able to transform on a global scale but once every 30-40 years or so. bitcoin and the blockchain is like seeing the internet in the 80's and the early adoption. we are just now seeing what was saw in the early 90's of the internet. it's going to be interesting to see what happens 10 years from now because of what we saw with internet technology at the .com bubble. i expect to see the same in another 10 years to weed out the weakest so the strongest survive. which would also be another best time to invest if we see history repeat itself.
Act Safe innocent human in 21st China Evil Genoside Camp. No judge, no sentances. Mass Torture, Rape, Organ harvesting, Human disappears Cremotory Plant! More 2 mln souls, More 380 Evil Camp. We can stop. Thank you Human!
This was a super informative podcast; It certainly opened my mind to smart contracts' potential. look like ill be doing a lot of homework on the subject because it's gonna be the future for sure. Thanks, Lex!
It has a huge potential, he highlights this market with reason. I have a friend in Zimbabwe and he says this is exactly how it works. Insurance is either unavailable, expensive and/or corrupt, so many farmers choose to just not get any and risk it all. The population of the whole of the African continent will go substantially, way before corruption and poor management will have lowered to acceptable levels, so this kind of a financial freedom enabled by crypto, not only asset storage/transaction-wise but also insurance-wise, is going to be enormous.
Wow. Bro this was next level. The regret minimization thing is truly amazing...I've struggled with purpose and this thought experiment will help. Thx for making me feel less guilty about the time spent gaming years ago
So many topics are discussed that remind me of what I've heard or read from Douglas Rushkoff. I scanned your collection of interviews and am surprised to see you haven't spoken with him yet. Would love to witness that conversation. "Program or be programmed", as he says.
at 1:01:00 Lex got his mind blown 🤯 Love the monologue that follows where he comes to a conclusion how revolutionary this technology is. This is approximately the same path my mind took when I got link pilled about 3 years ago.
If you want to continue on the topic of privacy I've seen a few podcast with Tor Bair and he speaks widely on this topic along side the Secret Foundation. I think an interview with him would be great.
A lot of these podcasts are a clever way to advertise whoever is sitting in front of lex's products, whilst still giving us viewers tons of value by listening. I appreciate it because of lot of podcasts out there are just shameless book-sales.
Here are the timestamps. Please check out our sponsors to support this podcast.
0:00 - Introduction & sponsor mentions:
- Wine Access: wineaccess.com/lex to get 20% off first order
- Athletic Greens: athleticgreens.com/lex and use code LEX to get 1 month of fish oil
- Magic Spoon: magicspoon.com/lex and use code LEX to get $5 off
- Indeed: indeed.com/lex to get $75 credit
- BetterHelp: betterhelp.com/lex to get 10% off
1:33 - Hedgy
1:59 - Digital vs physical world
9:53 - Definitive truth
14:08 - Decentralized finance
22:37 - Smart contracts
28:53 - Hybrid smart contracts and oracle networks
45:39 - Applications of smart contracts
1:03:45 - AI and smart contracts
1:11:17 - What agreements can be turned into smart contracts?
1:22:19 - Privacy
1:32:38 - Trust
1:48:12 - Bitcoin
1:56:26 - Satoshi Nakamoto
2:03:46 - Ethereum
2:09:36 - Chainlink design decisions
2:22:04 - Dogecoin
2:26:21 - Book recommendations
2:38:31 - Advice for young people
2:50:35 - Meaning of life
Act Safe innocent human in 21st China Evil Genoside Camp. No judge, no sentances. Mass Torture, Rape, Organ harvesting, Human disappears Cremotory Plant! More 2 mln souls, More 380 Evil Camp. We can stop. Thank you Human!
Link Marines!!
You should interview Jim Diamond from the megagenius.com website, if you want a paradigm shift in your thought.
We were supposed to be out of Afghanistan in April/May under Trump, Biden pushed it out to September... Enemies like the Taliban promised war if we didn't leave by our original withdrawal date. The media tricked you bro, Biden isn't ending the war, he's forcing the Taliban to attack to keep the war going that Trump ended.
Kevin Knuth
Associate Professor of Physics
We need him on,
Best interview with Sergey I’ve ever seen. 10/10
Amazing
The level of information that i came to grasp from this interview is just gold.
I would leverage it at least to include cypto.. but its surely beyond ;)
@Lakustaa S who knows maybe you win an iPad. Or do like me and report his ass
Amen
Right!?!..
I can't uds it in 2x mode... This is absurdly deep and profound.
ChainLink solved the oracle problem before 90% of people in the space even realized there was an oracle problem let alone its ramifications
I wish I bought the first time somebody told me that it's solving the oracle problem. I didn't understand back then
*solves, they're fare from being done.
@@Fussfackel not even started yet..
@@paxpacis2 Did you hold?
Solved? With the premine? Lol
LEX I FUCKING LOVE YOU! Thank you so much for interviewing Sergey. He's a perfect guest and I've always thought he should go on your podcast. You are the perfect person to interview him.
Absolutely agree. I love seeing these two discuss technology from their respective disciplines and fields of expertise.
Sergey suggesting adding a smart contract layer to AI systems was a fascinating discussion that I didn't anticipate them having, not one I've ever considered before.
I've also never seem Nazarov smile so much. You cant tell he appreciated Lex's ability to discuss these topics.
First podcast that 90% went all over my head
@@michaelblair5146 On the contrary this podcast had me up till 1 AM because of how immersed I was in it. I'm usually in bed by 10 lol
KKaaIIKKaaII
SERGEY SAVED MY LIFE
explain right now
I don’t think I’ve ever been more excited to see two people talking together in the same room
I will be taking notes. Fact.
@@myfinanciaifriend250 thanks lex, I texted you number and now I have 10 money 💰💰🤑
@@mikeyfreeman5776 real 10 moeny????😀😀😀
Same
Add Charles Hoskinsons and Ben Goertzel and we have a dream team.
i'm really enjoying these blockchain focused podcasts. thank you for having a broad variety of guests :D
Sergey gave by FAR the best "advice for young people" of any of your guests thus far. Exceptional. Lex's additions to that conversations were incredible as well. Well articulated my friends.
Make a note 📝 to my trader Eric on a good crypto trading investment.
W•H•A•T•S•A•P•P
+•1• 2•5•4• 2• 7• 9• 1 •0• 8• 3•
That was highly anticipated episode. Never thought two of my favorite people would have a conversation together... (SN = SN)
Lex is the best interviewer out there, his conversations always go super smooth, fun and interesting.
Sergey is so right with the phrase "Do it now!" - once I truly realised that quality of my life went up a lot. A LOT
Chainlink is an extension layer to the entire Internet.
Its primary function is to bankroll Sir Gays big mac habit actually
@@monguskooklord7867based
If during the internet’s inception and integration there was a platform like this for the academics, creators, and early adopters to speak freely about their intentions and what was transpiring we would be living in a better world today.
Therefore Lex, I believe you are directly contributing to a better future by providing this platform and conducting these conversations. Thank you, truly!
Legendary podcast. Two guys chilling. Unironically one of the most important conversations that took place in 2021 so far
7:35 gets me everytime. Such a sick podcast a sick recording of history
Respect dude! Uploading his brain. Not even 10mins into the podcast, he is basically "Shut up and take my money".
Amazing chat with the Sergey, will need to repeat this later. Sergey is just so stunning person and his mindset, wisdom, mission and focus. 🙏
Your on a roll with releasing interviews. Thank you for what you do. How is Austin? Hitting the 90s next week. My son lives there. Thanks for your time.
Found u on rogan but now u replaced him in my life
Same. Rogan was losing me even before the Spotify deal, was really getting tired of his shit. Lex provides the real brain food.
@@invanorm eh Rogan is definitely more entertaining, lex just has more intellectual discussions
Lol same
Robo-Rogan
Rogan is for sure more entertaining. Lex channel is real intelligent and thought provoking. At the same time he’s also dry ,really dry to the point you can hear the dead air. but maybe that’s his personality
Thank you for this interview with Satoshi.
@@cryptostache7632 SCAM. Beware.
"Nakamoto stated that work on the writing of the code for bitcoin began in 2007" in 2007 Sergey Nazarov was +-18 years old, although I believe him to be extremely smart I don't believe that he had enough years of coding experience in his belt at that point in time to have invented bitcoin. When you read the cynicism in some of Satoshi's writings / comments you can easily see he is a very well seasoned developer with many years of coding and life experience in his belt even in 2007-2010. My guess is that in 2007 Satoshi (if he was even one person ;) ) would have been in at least his thirties...
@@BernardVisagie smartcontract.com is the landing domain page for what is now known as chainlink's smart contract page, the domain was registered the 25th of October in 2008. The first email announcing the BTC whitepaper, sent out by Satoshi was released the 31st of October in 2008. So, six days before announcing bitcoin to the public, the domain for chainlink was registered and secured. A few weeks later Satoshi left to work on other projects...
so even if the claim that Sergey may be satoshi isn't true, chainlink was in the works at this time which negates your baseless claim he did not have enough experience coding at age 18. You should look into the evidence supporting the claim that he's satoshi before denying it based on your "feelings" or a "guess". Theres a lot more evidence than what i've laid out here it isn't just a hunch people have.
@@tekenefigueira6899 Do you agree that the domain Chain link could have had a different purpose in 2008? This is circumstantial evidence at it's best, carry on with your delusion, it does not bother me :)
@@BernardVisagie ?? smartcontract.com was registered by sergey, he later changed the name to chainlink as it stands today, buts its the same thing (this is one amongst a body of other details)...first off, i'm not saying that sergey is or isn't satoshi, what I am saying is that the best argument i've ever heard concludes with sergey. and theres a body of evidence, of which i can tell you've never bothered to actually look into.
and what I was only pointing out was that your statement he was too young to be developing in this space, is false b/c he was working on chainlink as early as 2008, highlighting that you were speaking out of your ass or your emotion however you want to put it.
you seem to assume you know Satoshi's age and what his overall temperament and skill set is but yet i'm somehow disillusioned...okay
1:56:26
SN = SN
Just look at how he stopped moving his finger and his facial expression became serious, the atmosphere changed instantly.
He taps the fucking Morse code for S,N...
treu is cold as fuck
@@d4lekdude791 He actually does holy fucking shit
@@d4lekdude791 thats some crazy shit. Coincidence or an easter egg in the simulation? o.O
@@yourusernamehere what does it all mean
Fascinating interview, Lex. It's hard for me to understand the intricacies of how the technology works, but I'm excited for what it can do for society. I hope Sergey Nazarov is hugely successful in his endeavours.
I think that might be my favourite interview this year. There was more scope in that than I even realised and I was already extremely optimistic about Oracles.
I got goosebumps multiple times during this. This new technology is so exciting. I really want to learn to develop in this space! Not even the moon is the limit when this technology takes hold of the market.
link pilled
Did u get in early? For someone with not a lot of money to put down as myself, could not get a substantial amount. :’(
@@kjo14 not too late. Still a few dollars below ATH at the moment. Also, it has an immense amount of room for growth as it’s utility hasn’t even scratched the surface in the real world. Staking still isn’t live so accumulate and hold for that. Also, crypto comes in cycles. The end of the bull run will come and we will enter a bear market. Alt coins drop like up to 90% on average. I’m not saying LINK will drop that low but a 50-70% drop will come allowing you incredibly low entry points for more accumulation.
@Lex Fridman . first thing i did this morning was check if it was listed
@@-Automind- it’s listed on every major exchange I believe. Hard to believe it was 2 bucks a year ago. LINK was also king of the bear market.
Mini whale 🐳
Props to Lex for interviewing such a wide variety of guests and asking really thought out questions.
Might be my favorite Satoshi interview
I come back to this podcast often to listen to his life advice for young people and the making of life.
> When you read articles about financial freedom, you may hear people talk over and over again about how they spend next to nothing to be able to retire at a younger age like 30. Instead, they may have already achieved financial freedom and boast about how frugal they were in order to retire well before the typical retirement age.
Planning for retirement, or even financial freedom, is a marathon and not a race, as the saying goes. Breaking your financial independence goals into small pieces can help you stay on track while making the process a little more manageable and hopefully a little less stressful. Even if you are starting small, the important thing is to start.
The investment creates a safe haven for the future. Everyone needs it so you don't go bankrupt when you stop working
The first level of financial freedom is creating an emergency fund. Ideally, this will also include paying off any credit card debt.
Unfortunately, living paycheck to paycheck is the reality for millions of Americans. I think I like to play again with the stock market, any recommendations?
I don't really make recommendations, I just invest for profit and mind my own business, but I would do it for a reason and it is for the betterment of all.
>< Sherman Williams Trading
INSTAGRAM
Based Link Marines we finally made it !
Man I hope Sergey has security that protects him. He works on some stuff that alot of very powerful tech people would feel threatened by.
You can't kill an idea.
He has an army of LINK marines.
pretty sure link is partnered with the wef
The WEF, CIA, ISIS, CNBC, all of them send their best men to ensure protection at all hours. All organisations collectively understand
Uhh, who do you think is funding this stuff? Who do you think will own it?
you killed it Sergey. Nicely done.
Lex is such great host. I’ve watched many Sergey interviews, and this one is the best of them all. Thank you, Lex!
I appreciate how organized your content is
This is the first time I've heard Sergey speak. I am blown away by how motivational and inspirational this is.
Hahahha that's some deep and epic humor: "I've never seen a stuffed animal that looks pissed off at life, they're usually smiling... and this guy was just pissed. I like this guy"
So many people are getting into crypto from the hype of DOGE, SAFEMOON etc. What they should really be looking at is Chainlink!
Literally the most undervalued token in existence. Im permanently hyper bullish on $LINK
Your podcast is incredible Lex, I discovered you here. Congratulations
Absolutely brilliant interview! Thank you very much indeed for having Sergey Nazarov on. Cheers to you both!
Thank you Lex. We appreciate the work you do in bringing all of these interviews to us
man. The advice about truly enjoying video games when you are young, starting a business a young person, etc. That should be required listening. Amazing stuff here.
Lex, the arguments in Jiu Jitsu about clarifying the rules are the attempts to minimize reference to oracle equivalents so that the game can be played to its natural boundary. The game of Jiu Jitsu is one of the best trust building technologies on the organism level of analysis, where identity is known and persistent. The belt system functions like signaling hierarchy for validator nodes. Hence why a black belt visiting another school is not only expected to meet a technical level of skill but also to align their behavior as they would want it to reflect on their instructor / lineage.
Nice parallels to jiu jitsu.
Thank you for enhancing my mediocre understanding of Jiu Jitsu. I've never considered the trust element inherent to the game/art.
Imagine watching a 3 hour interview about a json parser.
I'd watch that
TH-cam is a webm player.
token not needed
thank you Lex for broadening my horizons on a very very tough concept to initially grasp. you ask the right questions, bring on the right people to speak in long form content and overall are making your viewers smarter individuals. grateful to have discovered you first through joe rogan
I have the POWER to leave a comment. I really like how youtube hands me these videos! I respect you so much Lex, and I really like your interviews. Keep up the good work, I really appreciate this convo as well!
Ho-ly fuck what an honor that Lord Nakamoto was gracious enough to bless you with his presence. we are all enhanced by his technological blessings. rogan next as SN=SN 1:32:45 1:42:00 1:56:30
This exposure is insane. I can't wait till he goes in JRE. Rogan will be fascinated.
@@YoungBoom3r he won’t get it
@@nolanw4030 Not many do, yet
Bravo, Lex. Bravo...Speaking to the intellectuals of the world and including their perspectives. Great amount of influence you have on your journey sir.
I want Lex to pick apart my brain in a interview.... He makes the questions so easy to answer...
Lex you have a way of bringing out the amazing personalities of the world shaping people, thank you!
Watching this 3-hour long video on a Friday night at 3 am and getting so freaking excited!!!! Am I normal?
No, you're not normal. But neither are we!
Siddhartha: you must be ok especially compared to me (watching after midnight on Roman New Years Eve)
This is one of the greatest conversational pieces I have ever heard ! Thank you! 🙏
Super Linear Staking. Feeling comfy with my LINKS.
Comfy af, 50$ soon.
@@YoungBoom3r add another zero
may your links stink for a long time
haha your LINKs going to zero.
@@mike.1 I bet you own cardano
TNX @Lex! For letting me do one of my favorite things with you > I love to listen to smart people that know what they are talking about
Wow, the last 40 minutes were truly priceless.
King Sergey Nazarov leading us all to a better future and financial freedom.
Amazing episode and I'm so excited to see how Chainlink grows.
most important line of the podcast.
47:22 - "soften boom and bust cycles by making info immediately available to all market participants. Which is what all participants want, except the very small minority able to game system in their benefit and gain on booms and avoid busts because of their asymmetric access to information."
When Lex mentions the precise understanding of code compared to natural language at 1:01:00 , it reminded me of Pāṇini Grammar.
Is that the name of a person or a very well-read sandwich?
@@RoyalFizzbin racist
Here are the key ideas/definitions I've written down from the first hour of this video:
Decentralized finance is the instantiation of a specific type of smart contract.
A hybrid smart contract combines the on-chain code together with the off-chain proofs.
Decentralized finance provides 3 very powerful things:
1) Complete transparency over the financial protocol where your assets are
2) You control your assets and not a third party
3) Superior Yield
Decentralized finance gives people features without taking data and ownership of value from them.
A smart contract is a tamper-proof digital agreement that can know things about the world.
The smart contract is on-chain, this is where the conditions are written. On-chain code is transparent, can receive, hold and send value. The on-chain part of a hybrid smart contract 1) defines the agreement 2) takes in value 3) returns value based upon the conditions codified in the agreement on the blockchain.
The 2nd part of the contract is off-chain. Oracles and decentralized oracle networks achieve consensus and decentralization about the topic of what happened.
An oracle node is an interface of web 3.0 use of services.
Thankyou for sharing your notes this was valuable
This episode got me into crypto and down the rabbit hole of smart contract development.
Best advice for young people segment i've ever heard on this podcast. I don't believe anyone will top it if i'm being honest.
Please next interview with Prof. Emin Gün Sirer of Avalanche
Wow! Amazing conversation! I have learned so much in this 3 hours and not a dull moment! Thank you sooo much!
This episode was AMAZING! Wish both of you all the best in all walks of life! 🎯
Funny I was actually working on a project on a hybrid smart contract while listening to this podcast... Thank you some much lex for this platform. Love from Nigeria
Stone cold poker face when hit w that Satoshi question🤣 Brilliant interview, as usual. ⛓🌐🐸🚀
would love a second conversation with these two, how often does he have repeating guests?
This is the best day of 2021! thank you so much for bringing Satoshi into the podcast!
Thank you Lex! Sending Love. I appreciate the humanity and the angle you bring to all of your conversations.
Make a note 📝 to my trader Eric on a good crypto trading investment.
W•H•A•T•S•A•P•P
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I think Lex may be too separated from the common people when he says he thinks people are intelligent enough to utilize defi themselves.
I'm a plumber and I personally audit every defi contract before i farm.
@@TheBluntDrunk You sir are a Unicorn
Once regulations step in, it all will be made easier for the common folk. It will be as simple as ABC.
@@fivegkills6111 um, that's not really been my experience with regulations and regulators. It would be nice if that was the case, but my universal experience has been that regulation almost invariably increases the complexity and difficulty of a system. If a market gets large enough, then you run into problems like regulatory capture where the largest businesses in a space exert so much control that they are able to shape the regulations being written to favor themselves over smaller/newer/more innovative competition.
Chainlink is so far ahead of anyone when it comes to the oracle problem and using blockchain to its full potential, that it’s almost inevitable that it’s going to be something used on a massive world changing scale.
Someone on /biz/ explained it best when they said companies trying to build their own oracle networks instead of using Chainlink would be like Amazon building their own airplanes and vehicles for logistics instead of buying Boeing jets or Dodge vans.
i agree. chainlink isn't mining for gold but selling the equipment to everyone who wants to mine for gold. chainlink is definately going to be a top runner in creating a global standard in providing the services needed and the communication needed for the oracles and smart contracts. still too early to tell but we will surely be more confident where things are going in another 5 years where the technology has a chance to start booming at a monumental pace just like the internet did in the 90's. we don't see this type of technology that is able to transform on a global scale but once every 30-40 years or so. bitcoin and the blockchain is like seeing the internet in the 80's and the early adoption. we are just now seeing what was saw in the early 90's of the internet. it's going to be interesting to see what happens 10 years from now because of what we saw with internet technology at the .com bubble. i expect to see the same in another 10 years to weed out the weakest so the strongest survive. which would also be another best time to invest if we see history repeat itself.
The Lex Fridman podcast is more of a philosophical channel than tech. I really enjoy the Lex's discussions with the guests.
This is a Top 3 interview so far👌
Wow - this show brought clarity - real clarity. And it’s classic Lex - never forget about the humans. Thanks Lex.
Great interview with Satoshi Nakamoto
Act Safe innocent human in 21st China Evil Genoside Camp. No judge, no sentances. Mass Torture, Rape, Organ harvesting, Human disappears Cremotory Plant! More 2 mln souls, More 380 Evil Camp. We can stop. Thank you Human!
This man gets it
does he say Bitcoins and not Bitcoin on purpose then?
Sergey is the friend I've always wanted to have. How do you meet people like that in real life?!
It would have been interesting to hear about his relationship with Polkadot. Overall, loved this conversation. Chain link is awesome!
This was a super informative podcast; It certainly opened my mind to smart contracts' potential. look like ill be doing a lot of homework on the subject because it's gonna be the future for sure. Thanks, Lex!
Make a note 📝 to my trader Eric on a good crypto trading investment.
W•H•A•T•S•A•P•P
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Sergey either really believes in decentralized insurance or it’s just the easiest thing to explain
both
They are working together with Etherisc (dip) on some projects with real life insurance applications. ( Acre Afrika crops insurance for example)
It has a huge potential, he highlights this market with reason. I have a friend in Zimbabwe and he says this is exactly how it works. Insurance is either unavailable, expensive and/or corrupt, so many farmers choose to just not get any and risk it all. The population of the whole of the African continent will go substantially, way before corruption and poor management will have lowered to acceptable levels, so this kind of a financial freedom enabled by crypto, not only asset storage/transaction-wise but also insurance-wise, is going to be enormous.
Kek was thinking of the farm insurance thread the whole time he was talking about it cant be a coincidence can it?
He makes it sounds like there is often disputes on payouts.. could cut down alot of those disputes?
Whatttttt?! Lex had the Mac Daddy on and I missed it?! Guess I’m pulling an all nighter tonight. Thank God it’s the weekend lol
Chainlink brings transparency to smart contracts by linking in external data. This changes everything.
Wow. Bro this was next level. The regret minimization thing is truly amazing...I've struggled with purpose and this thought experiment will help.
Thx for making me feel less guilty about the time spent gaming years ago
Best interview I have woken up to in a long time. 👌🚀🚀🚀.
OK;LG. LOVE YOU ALL FRENS $LINK
WAGMI
So many topics are discussed that remind me of what I've heard or read from Douglas Rushkoff. I scanned your collection of interviews and am surprised to see you haven't spoken with him yet. Would love to witness that conversation. "Program or be programmed", as he says.
I like this. How can we apply it to voting so that we can have some semblance of online, tamper proof voting?
This is by far one of my favorite vids and discussions on youtube lol re watching it rn
I’m getting a T-shirt with: I haven’t done the analyze yet.
It will be my go-to-answer on so many questions/speculations from now on.
Thanks!
amazing interview ❤ Sergey Nazarov mind is beautiful , thank you Lex
Thanks, Lex. I look forward to more interviews with those pioneering the future.
Based and Link pilled
at 1:01:00 Lex got his mind blown 🤯 Love the monologue that follows where he comes to a conclusion how revolutionary this technology is. This is approximately the same path my mind took when I got link pilled about 3 years ago.
If you want to continue on the topic of privacy I've seen a few podcast with Tor Bair and he speaks widely on this topic along side the Secret Foundation. I think an interview with him would be great.
He is not just a marketing guy. He also plays piano.
Ive watched this over 5 times but keep coming back
44:22 really liked this uber example. timestamping for future reference
The last 40 minutes was Gold, much appreciated 🙏
Really liking the crypto-themed podcasts! Learning a LOT. Thank you.
A lot of these podcasts are a clever way to advertise whoever is sitting in front of lex's products, whilst still giving us viewers tons of value by listening. I appreciate it because of lot of podcasts out there are just shameless book-sales.
Make a note 📝 to my trader Eric on a good crypto trading investment.
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Thought it’d be interesting, but this was one of Lex’s best. Sergey has Jim Keller status IMO
Already one of my favorite episodes of the show! Wow