Embracing Optimism and Community in the Face of Challenges

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Karl Floersch is the co-founder of Optimism, the Ethereum rollup scaling solution, as well as one of the primary advocates in the space for public goods funding.

Karl is inspiring on many levels—both individually with his seemingly boundless optimism and energy, and also his prolific work in the Ethereum ecosystem.

Optimism is simultaneously scaling Ethereum’s transaction space and its values & ethos, pledging to recycle its fees into public goods. A central goal of regenerative finance is to align economic value with our moral values, and Karl’s work on retroactive public goods funding is pushing us towards that brighter, solarpunk future.

We also explore the concept of ‘Ether’s Phoenix,’ a hypothetical being that rewards you for manifesting it—directly contrasting the concept of Roko’s Basilisk (research at your own risk). 

Take the Green Pill, anon.

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------ Topics Covered:

0:00 Intro 2:40 Karl Floersch 4:38 Optimism & Public Goods 7:30 Solving Governance 11:32 Retroactive Public Goods Funding 18:09 The Endgame 21:18 Karl’s Favorite Public Goods 28:25 Ether’s Phoenix 32:12 Grinding & Mindset 34:02 Memes & Narratives 37:49 Closing

------ Resources:

Karl on Twitter: https://twitter.com/karl_dot_tech?s=20&t=-oO_ckIiZ6BKahlmZVvB8w 

Kevin on Twitter: https://twitter.com/owocki?s=20&t=A1yy1WYtQlNAOiSxXtGuNQ 

Vitalik on Twitter: https://twitter.com/VitalikButerin?s=20&t=6oPk84CaEN12Es6e7Nze3A 

Optimism: https://twitter.com/optimismPBC?s=20&t=-oO_ckIiZ6BKahlmZVvB8w 

----- Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012 

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures