The most intelligent answer from Vitalik Buterin
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- เผยแพร่เมื่อ 15 ก.ย. 2024
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Q. When we see a breakdown in a current financial system and fiat currency systems of the world are losing value, do you see Ethereum and the blockchain replacing current systems?
His brain is decentralized.
TimmacTR
Beyond
he has a positronic brain
Decentralized Quantum laptop
@Bitcoin King You comment about free btc in an Ethereum video? LOL
He his backed by 300 brain IQ
i love this guy.
but since his health is my wealth: can someone pls feed him?!
😂 LOL
hahhahha
His 5 minutes income
Ur entire life income
The food goes straight to his brains
Hahaha
Great video, trading come with a lot of benefits And I have just bought my first house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me.
Congratulations 🍾
I will love to be your friend dear as well as sharing some i dears which you're benefiting.
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
I can relate to all you said because I am facing similar thing right now. Congratulations I wish you more success.
Hey how good are your earnings I will like to get some insights into trading thank you.
This guy donated $1 Billion worth of crypto coins to India during the covid crisis.
Massive respect 🙏
You interview one of the most influential persons of this decade, and decide to record with a potato..
I mean, it's still better than nothing
He is recording with a pocket calculator
That quality is far to poor to have been filmed with a potato
@@Yodumeee No. I don't think you remember early TH-cam with the potatoist potatoes. Like 16 pixels per frame
lmaooo*💀w_Rd
the fact that this dude is so weird and robotic is the reason I trust him, also that rap is fire
So, do you trust Mark Zuckerberg too? He fits that description perfectly.
@@tyler-qr5jn No bro Zuckerberg is a Lizard not a robot. Get your fact's straight.
@@MarcA75 facts not fact's
@@IAP_mkt fax
@@tyler-qr5jn na zuck zuck is a cyborg lizard, vitalik is just a really massive nerd
His brain literally took every piece of information that it possibly could to construe the most detailed and precise answer that I've ever heard in my life. Yes he talked a lot but what he was saying actually makes sense when you slow it down. He literally took every possible world scenario into consideration when answering the question. Lol most people would give a two sentence response
Those are the things You have 2 look into to develop the second highest priced crypto at the moment. He lives and breathes cryptography.
Jack Ma would’ve replied with only one sentence! 😂
@@Frosst one word
Blew my mind to see a 4 minute answer to a 5 second question. Definitely couldn't say he answered with only his opinion!
Vitalik was only 22 years old at the time of this video. Just let that sink in.
He also starred in some movie about bitcoin and was 18-19, he was into crypto since day one
@@transmitter6908 He started the first 'bitcoin magazine' for what its worth
Us nerds are like that. Grow up
What the fuck does the sink want now?
@@satoshinakamoto7253 you are not in the same category as this guy
He speaks like he's coding.
If X pulls from Y then Y confirms X. If Y fails Then X reaches out to Z ...
That's basically his brain nonstop.
When you do solve hard algorithm problems, at the end of the day your brain rewires differently
If you mix Vitalik and Elon then you will get normal speed
You will get a decentralised AI quantum super computer 🖥 for the best like for the worst.
His mouth is trying to keep up with his brain. For most of us it's the other way round.
GuildF40 hahahahahahaha you got this one riiighhhttt
OMG. You made me laugh. :) He made clear statements, which some already happened and will continue to happen.
No he says "Um" and "Uhh" several times which is his brain filling in time while he thinks of what to say next. Stop cherishing crypto developers as Gods. Also NEM smart assets are superior to Ethereum Smart contracts in the long term.
Hmmm... Is he playing with himself under the table while talking? I donno.. what do you guys think? he-he
i think youre a fool
finally some actual alien footage that is real. hope to see more of these.
Hahaha
🤣🤣🤣
😂😂😂😂😂😂💪
Only if you knew what they do to genetic modified people //
🤣🤣I was thinking the same thing
Incredible, I love hearing him speak
wow hey so weird to find your comment here with only 2 likes!
he: speak
people: wow, that's incredible
Intellectual ASMR
@@00pingvin00 yeah because he's legit 4 standard deviations smarter than you.
@@ruzzcraze1862 no. He is not.
This interview is his wallet password... 😂
Lmao
Lololol
I got light-headed trying to figure it out! 😵
😂😂
HAHAHA
I hope that everyone noticed that was 4.5 Years ago:
Since then, Etherium has become programmable money that supports multiple subsets of programs that have a purpose and real utility of use.
Interviewer: Sorry i wasn't listening could you repeat that for me
The Reporter was in the end like "okay" like he understood something. 😀
Did you not? His response was shocking. Hearing him say this, I can tell he never imagined eth would reach the heights it did just two years later. I doubt he would ever say this out loud today, it would crash the market badly. A lot of people have to want to believe it can have real world use ... one day. Lol
@@lynncohen2897 it s a lil bit difficult because It s not my first language, maybe if I put the speed ×0.75 it will be more understandable for me. Maybe I even don't know some of these words....
@@jeremybelgique848 in order to alleviate any confusion, my comment was not directed toward anyone having difficulty with English as a first language. Indeed, it is somewhat difficult for even native English speakers to understand him with the accent. But, at the time of this recording, he basically confesses having little confidence w/Eth ever heavily gaining any real world application, but rather for investors to use as a tool to expand their investment portfolio, which has been the case, thus far.. not to say it hasn’t been an effective investment opportunity, but it has not overtaken fiat currency, and, really will it ever?:)
I think he realizes that it will take time for cryptocurrencies to build up enough momentum that they will eventually become a force of nature that no Government will be able to control. In the meantime, it's smart for him to downplay the potential economic flip that will occur when people realize how much better this is than FIAT currency. The reality is that it's inevitable. The applications being built on Ethereum will become so advanced and data-driven that they will be able to take the place of Government entirely. And it will do so by rewarding the smartest people in the world with prediction markets and funneling the wealth back to the people who should be leading our civilization, instead of the people that have rigged the monopoly board.
Ethereum isn't decetralised. It's centralised and controlable by creators.
When it's plus Ripple share of cryptocyrrencies market growths putting Bitcoin in disadvantage that means we are farther from such individual wealth freedom...
Supply of Ethereum isn't fixed and can rapidly change crashing whole market.
Is this stability we are waiting for? Is it a way we want to fight FIAT currencies? Nope. This is a way into another trap.
VelkSon isn't it funny that Ethereum has been out for 2 years & there isn't a single useable revolution dapp out there? how long does it take 2 develop these things centuries
the question it's not whether some particular currency is decentralised , is the many choices you have into choosing a cryptocurrency over another. People would inevitably go the the ones that conveys trust , if it fails to give that trust, people will switch to another currency.
Blake Lucas what makes you think that we aren't lead by the people who should be leading?
Crypto IS a fiat currency :)
I feel like his mind is invisibly connected to the blockchain.
I just finished the vid and learned I will never know the most intelligent answer from Vitalik Buterin.
Play at .75 speed
he said that Crypto will have a value just because it exists, regardless of it's use case. I disagree btw, I think there must be a use case or at least a narrative behind an asset to give it value. Bitcoin has that for sure, and Ethereum is trying to have a different narrative.
@@philipsalter934 The use case is it having value. You could do that with anything really, as long as the supply is more or less capped or heavily regulated respectively. If the supply is uncapped tho, I agree that there has to be a specific use case.
I usually watch youtube videos at x1.5 or x2 speed. This is one of those videos i had to switch to x0.75.
😂😂😂
I thought i was the only one becouse of my bad english you make me feel better
Only me*
Watching at 2x. Usually 3-5x w/ TH-cam extension
U deserve a like
if only we had all seen this 5 years ago...
To all those who’ve come from the future, today is the 6th day of the 6th month of 2021, & the price of ETH is $2600 (06/06/21).
@Eduardo Vasquez now 1979 $ whats the next target??
Hodl and you'll make a fortune.
@Eduardo Vasquez Copium overdose
@@SirMathee probably $420 and then $0
Four years from now we're gonna be kicking ourselves for not buying more
Slowed down .75... much easier to understand..
Holy shit you're right
LOL..Thanks btw!!
didnt think of it thx!
What he said
in a very overcomplicated longwinded and monoton way, yes there are financial bubbles, people will put more money into crypto to flee inflation and regulation, the gdp will grow indirectly through money created through crypto wealth, crypto is better then fiat etc
You prefer things backed by enslavement to things backed by belief? I think crypto is actually backed by a guarantee that such a thing will continue in a guaranteed manner indefinitely.
I'm sorry but how is "real" money any different? When it gets boiled down, ANY currency that has no intrinsic value (i.e is not a good that can be consumed, even gold has no real intrinsic value) only has value because we believe it has value. You can buy goods with currency because the seller believes the currency has value and trusts that everyone else does too. He can't do anything else with that piece of paper except trade it for goods or services. That is the same way any digital currency works. The difference in digital currencies is how they are controlled, or not controlled actually. No person or entity has control over anyone else's money but their own. You should really look into how digital currencies work, a good place to start would be understanding how bitcoin works.
Again, you have no idea how how bitcoin actually works from a technical perspective. Any money IS something created out of nothing (ok the paper isn't "nothing, but you know what I mean). We make a piece of paper and everyone agrees it has value simply to make trading goods and services EASY. Before money existed peole simply traded goods. But what happened if I had a bunch of meat I wanted to trade for some clothes. But the clothes maker already had meat and didn't need it, so he had no use for my meat at that time. Money removed this problem because if everyone gives value to money, then you can buy anything with money and that money can then be traded for something else. Digital currencies are no different. They have value because we say they have value. How they are stored is what's different and what's better about them.
As is the value assigned to any currency! But ok, maybe you'll understand in a decade or two as digital currencies start becoming the norm and you'll beat yourself up for being so close minded in the past.
This guy's brain is probably very power hungry, just look how skinny he is.
Super fast metabolism
🤣🤣🤣🤣
bruhhh 😂😂😂😂😂😂😂 im dead
And look how dumb you are, you must be very fat? Great logic...
The brain is the organ that consumes the most energy. Since his brain is without a doubt working more than the average, the probability that his brain is very power hungry is real. So yes, it's a great logic. You must be fat btw.
I want to hear more of him on economics
This could be the only living case of Einstein-level intelligence.
Einsteins iq was not as high as what possibly people perceive it to be
Amazing vision Vitalik, I'm mining Etherum because i belive in your project :)
congratulations from the future
Congratz man
why would you believe in his project if you are a miner? he said in this video he believes mining is bad.
He is the master node of Ethereum itself he knows what's going on.
Thats why there are options like 0.25x , 0.5x , 0.75x , Normal , 1.25x , 1.50x , 1.75x , 2x , ...
Playback Speed
Every sound that came out of his mouth went over my head. This cat represents one of the reason that technical writers and science journalists exist.
Watching it in May 2021,realising the impact this man has created. Would like to come again back after 5 years and see the revolution unleashing.
I’m surprised actually at how little conviction he has in its real world use outside of an investment tool !!
The length from his shoulder to his elbow is just impeccable
😂😂😂😂😂😂😂😂😂😂
Man!! that was fast. May be he can be a rapper some day. Outpacing Eminem.
None can outpace Eminem.... He's got that extreme stochastic genetic variance
@@parimtm that's why he said it. This kid can achieve the impossible
If I can find faster talkers than vitalik and ben Shapiro and still understand the words like I do now I think my brain will unlock another 25% of itself.
Patrick Bet David
I’d love to hear him and Elon talk.
Since that interview
Eth made 260x
BTC 150x
Doge 1000x
Now I am wondering how big crypto
Market is gonna be in next 5 years
10% human, 90% brain
Oliver Daniel haha
Bro he spit so much information in 4 minutes that i feel i need to take a nap
LOL well that's the extended way of saying:
"No, but it should retain it's value because it has a purpose, and if it doesn't then stupid people will still invest"
Aaaay !! Hahahaha
I'm more appreciative of a complex thought expressed in simply concise terms. I get distracted by his word count which discounts the point he's making. Terrible communicator.
Thank you mr. decipher.
correct
HAHAHAHAH that exactly what I thought, I mean he just went around the main thing and said that "maybe" people will change from a real asset(house) to something that has no intrinsic value...and didnt argue why
In the future if there's a movie about this guy, the actor better be able to say this spot on. Spoke for 4 and a half minutes strait off a single question.
Vitalik is an aliennnnn
I will only believe that when he says he doesn't like war
he is russian
I don't like war. War is stupid. Please stop.
Vitalik Buterin lmaooooooo got em
AI humanoids are not aliens!
He is very intelligent and well spoken. In germany we call people like him "Lauch".
Smart people always make the same mistake: the assumption of intelligent human agency!
explain and give solution to the smart people please
What if the quantum computing (aprox 2025) performs a 51% attack? Is the blockchain ready to increase the security development in this 3-4 years?
Mans literally explained the reason Blackrock just went neutral on the US market but is simultaneously buying land/real estate. Glad to see someone so determined in the crypto world being practical about it.
I’ve recently seen a video about Blackrock, could you explain or elaborate on what you said please?
@@anu1776 Vitalik described the incentives of diversifying a portfolio any way possible, mainly about cryptocurrency but he also talked about land. Awhile ago, land wasn't very valuable because the eviction moratorium in the US postponed evictions. But as it's ending, land is now becoming much more valuable to the people being evicted from their homes. Also, if a depression occurs, land is much more valuable than stocks (that are crashing). So Blackrock was buying land while it lacked value (during the current stock boom and eviction moratorium) and is nuetral on stocks (because they think they're overvalued). Also, crypto is seeing a boom rn WITH the market because like Vitalik says, when stocks go up, crypto goes up, because the incentives are just like stocks
One of the most powerful person in the world.
Imagine him having a conversation with Joe Biden. Joe would just leave without giving an answer
Interesting how people are still investing and making huge profit from bitcoin, while most of them kept on investing in cryptocurrency and growing higher financially
The instant you change your mentality and invest in crypto you have changed your entire life
You're right but any Investment without a proper understanding is suicidal.
so coherent and concise, not at all a wall of words, good sales pitch though, unfortunately somewhere in the middle it requires a fork :)
is this the least intelligent title of a TH-cam video?
S. Matthew English I know right? Topic? Who cares! Smart man make smartytalk.
ESFP coming in hot with his Se powered Ti-Polr take on things. I'll never get tired of it
Wow if I listened to this guy when this video was put out I was a millionaire right now
ethereum will shoot to the top by the end of 2017 i predict 1,000 im so excited to be involved in this and also be apart of the project ethereum for humanitarian aid.. we need this for the future of mankind.
Loooooool
It’s $1,820 now
It’s 4K now
@@RRtxchno I know right
@@RRtxchno Half that now lmao
I agree with his view on speculation on real estate and land. Hopefully it turns out that way and housing will become a lot more affordable. Even if for a time.
All that the crypto "currencies" more like crypto commodities do is increase prices for goods and services because they increase the money supply with absolutely zero benefit to a society, it's just a bunch of pollution and wasted electricity.
@@SandraWantsCoke They say these crypto currencies are game changers. But I don't see in what way they could change the game. They're just numbers
This has aged well.
He doesn't breathe until 3:23
Ryan Adenata Actually, he breathes before that at 2:55.
this guy speak very well and fast, probably a genius of our time in cryptos world
He’s a time traveler from a future highly evolved civilization.
Insert "gold" instead of crypto as the main object of discussion, and everything he says makes even more sense.
not enough gold bro
its enough crypto for the world not enough gold for the world
@@DRCONT Not enough gold at the current price. Likewise, the crypto market is smaller than the gold market so there is also not enough crypto. At the right price there is plenty of gold. Same for crypto.
@@RedShiftedDollar 🤦🏽♂️ thats not how crypto works
@@RedShiftedDollar stop trying to sound smart and pay attention I never said its taking over gold etc all I said is crypto is replacing coins and coins are not backed by gold they are silver and copper and they cost more to make then what they are worth so if you was a country would you keep making coins or use digital coins=Crypto digital money
He looks like a European Ma Yun.
true ^^
we he is European
Does he speak like him?)
hahaha, very true!!!
Well he us french. So yeah lol
This guy is a Legend
People dont realize what were stepping into right now, this man is gonna be richer then jeff bezos and elon musk combined..
No
If eth 2.0 succeed then yes, if not then no
Idk, the way things are looking, he might be a new Rockefeller or Carnegie. Someone do a dna test on this man and make sure he isn’t a lizard
He gave away 7 billion last week lol
Elon just invested in Bitcoin, so NO
I wanna make this man a meatloaf.
BEEFCAKE!!!!
omg
He is lean and keeping my money green.. Viva Vitalik
Nah...he makes a better geek than meatloaf.. by the time you got rid of the bones you couldn't even feed a small family of bitcoin fanatics.. He's worth more to all of us behind a glass screen, not in a glass casserole dish.
@Holochain ftw. btw
extremely disturbing
DO you have a slow mo version?
Suprised that there is no rapremix of this. This boy spits the bars! On fire!
he's absolutely right. The crypto currency continues to elevate the GDP amongst many countries today. Its given a lot of people opportunities and in the end run make communities better.
i was lost after like 30 seconds of the answer, this guy so smart!!
This is exactly where IT meets economic intelligence
Warning: you need to turn on CC to grasp what he is saying.
Watching in November 2021 ETH trading at $4350
I feel like understand what he's saying... But in fact, what is cryptocurrency?
It just struck me. Vitalik IS Satoshi Nakomoto. Very clever disguise, Vitalik!
Satoshi Nakamoto is @adam3us on twitter
Paypal is satochi
He mentioned PoS this early. Wonder what happened why it wasn't implemented earlier.
I’d love to hear him explain why boxer shorts at Kmart are better than Haines 32.
Yoooooo 🤣🤣🤣🤣🤣🤝🏻🤝🏻🤝🏻
Did you use a flip phone camera to do this interview?
Vitalik is a true geniuse 💖 and an absolute legend.
me who watched the video back then and thanks every second of this masterpiece that changed my perspective
He is so smart! he has an awesome mind...
I like how he threw his real thoughts about proof of stake as well
Every single one of his thoughts is instantly pushed to the blockchain
excluding all the jargons... Simply put - If cryptocurrency not used as currency, It'll be used as commodity assets or financial assets to manage investment portfolios.
And they say Aliens dont exist
At 1:50 he addresses crypto value as world GDP. I agree and think Bitcoin will cease to be priced in USD because the price distortions in USD cause an extreme parabolic price run-ups when compared to Bitcoin finite supply. Price Bitcoin in barrels of oil or real estate.
Ask him whether a ball is round. Go put some seeds in the ground, harvest the corn and watch it turning into popcorn, you'll be in time before he wraps up the answer. I like him, and honor his works.
I actually wasn't expecting this answer and as a Cryptocurrency detractor.. I think this opened my eyes a little bit
thank you money skeleton
I would trust crypto if their creators don't exchange their crypto with money in their bank accounts... If crypto fails, they will run away with your money
his muscle from biceps recentralized into the head
If the underlying measure of a currency or credit system is not real production of a good with industrial use, then its going to fail in time. Stability is key for success and this only comes by having real labor "creating" the money, just as real labor creates all good and services that the money is representing.
Electronic transactions are well and good, we already have been using them for awhile now. Its what is represented in the transfer that is important and im not so sure that a limited supply of a certain type of digitally stored bytes will qualify
Thanks for helping me make millions of dollars.
You can spend them with us. :) We accept bitcoin. :)
*allowing
Does someone have a link to an english version?
Now I know what it felt like when Einstein was alive.
4 years later..... read this as Epstein.
This is why you should never measure your respect to a person by just their physical appearance.
After he said "First of all I will say......." I was completely lost 😀
5 years later and bitcoin is being seen as a small % allocation to uncorrelated assets. I will be back in another 5 years
His iq is the current price of ETH - 350
400 now
435 and then game over
what? game over?
definitely wasnt a flash crash, it was expected to happen.
@banded Expectation doesn't mean it's not a flash crash. It was a flash crash by definition.
So is no one else going to ask why this video looks like it was from the early 2000's but was infact made in 2016.
aderrall is a hell of a drug
I think so too! He is def on aderall
LOL
Ya prosto lyublyu etogo parina! Cudesniy, inteligentniy..samiy, samiy!