AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Raoul Pal and Vijay Boyapati - E30
Swan Signal Live - A Bitcoin Show
Ethereum Has Faced a Real Test
I have a lot of problems with Ethereum. I would never invest money in something where something bad happened to Vitalik Buterin. The Dow hack is an example where they said, we're going to roll back a payment that happened on Ether. That just completely shows that this system is not immutable. If it's not immutable, then just use a database. Blockchains are inherently inefficient. You only use them when you're solving a problem of social scalability. As soon as centralized finance makes reference to something in the real world, decentralization loses its value because states can come in and regulate those things very easily. DeFi is going to fall apart again just like the ICO craze
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode