Ethereum Co-Founder: Why Crypto Has Failed | Gavin Wood
Empire
The Road to Web3: Overcoming Adoption Hurdles in Crypto
This chapter delves into the hurdles facing cryptocurrency adoption, highlighting the slow shift from Web2 to Web3 due to user inertia and existing investments. The hosts discuss the necessity of patience in allowing technological evolution to unfold amidst market pressures.
Gm! This week we're joined by Gavin Wood to discuss has the promise of crypto failed? We deep dive into hype vs fundamentals, why crypto needs more utility, why haven't we seen mass adoption, how to fix crypto's product problem & more. Enjoy!
--
Start your day with crypto news, analysis and data from Katherine Ross.
Subscribe to the Empire newsletter: https://blockworks.co/newsletter/empire?utm_source=podcasts
Follow Gavin: https://x.com/gavofyork
Follow Santi: https://x.com/santiagoroel
Follow Jason: https://twitter.com/JasonYanowitz
Follow Empire: https://twitter.com/theempirepod
Join the Empire Telegram: https://t.me/+CaCYvTOB4Eg1OWJh
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
--
Grab your tickets to Permissionless IV. Use code EMPIRE10 for 10% off: https://blockworks.co/event/permissionless-iv
--
ZKsync is the pioneering zero-knowledge technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables an elastic, ever-expanding network of customizable chains.
Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology makes digital self-ownership universally available.
To learn more about ZKsync, visit http://www.zksync.io
--
Crypto never sleeps. So we built an Al analyst that never blinks.
Meet Focal by FalconX: a GenAI insights engine built for institutional crypto. Already used by 80+ funds managing $10B+ in AUM.
đš Screen, chart, and analyze 1300+ tokens
đš Summarize market-moving news instantly
đš Integrates data from CoinGecko, Kaito, Token Terminal, Tokenomist, The Tie
Get started today: askfocal.com
--
WalletConnect is the onchain connectivity network . If youâve connected to a Web3 app, youâve seen WalletConnect. Itâs everywhereâan icon of trust in crypto, as recognizable as Visa at checkout.
The numbers speak for themselves: Over 220 million connections and 35 million users worldwide use WalletConnect to power their Web3 experience. @WalletConnect on X and Telegram or visit https://WalletConnect.Network
--
Token.com is a social-first crypto platform transforming how people discover and trade through crypto content. The revolutionary in-feed trading turns complex crypto into intuitive investments, while content creators earn from every trade and projects amplify their stories through native tokens - creating a new era of social media-powered crypto discovery. Just scroll to watch and tap to invest. Download the app!
--
Timestamps:
(00:00) Introduction
(01:16) Has Crypto Failed?
(03:20) Hype vs Fundamentals In Crypto
(09:21) Ads (ZKSync)
(10:26) Does Crypto Need More Utility?
(13:37) Why Still Work In Crypto?
(18:18) Cryptoâs Product Problem
(22:16) Ads (ZKSync)
(23:21) Why Haven't We Seen More Adoption?
(26:37) Polkadot Successes & Failures
(29:48) Crypto's Multichain Future
(35:05) Ads (Falcon x, WalletConnect, Token.com)
(37:18) What Is JAM?
(40:19) Does Crypto Have A Marketing Problem?
(46:35) Cryptoâs Next Chapter
(51:27) Crypto vs AI
(01:00:25) Whatâs The Most Important Thing To Work On?
--
Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
The AI-powered Podcast Player
