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#504: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant)

The Tim Ferriss Show

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The Importance of Public Goods in Economics and the Blockchain Space

Public goods play a vital role in our economy, benefiting a large group of people but are difficult to fund. Scientific research and open source software are examples of public goods. The blockchain space has been grappling with this issue. Public goods have concentrated costs but distributed benefits, making them underfunded. Quadratic funding is one solution to address this problem.

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