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) | Brought by Wealthfront (http://wealthfront.com/tim), Pique‘s Daily Immune (http://piquetea.com/Tim), Theragun (http://theragun.com/tim). Show Notes: https://tim.blog/2021/03/08/vitalik-buterin-naval-ravikant/#more-55095 Vitalik Buterin (@VitalikButerin) is the creator of Ethereum. He first discovered blockchain and cryptocurrency technologies through Bitcoin in 2011 and was immediately excited by the technology and its potential. He co-founded Bitcoin Magazine in September 2011, and after two and a half years of looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November of 2013. He now leads Ethereum’s research team, working on future versions of the Ethereum protocol. In 2014, Vitalik was a recipient of the two-year Thiel Fellowship, tech billionaire Peter Thiel’s project that awards $100,000 to 20 promising innovators under 20 so they can pursue their inventions in lieu of a post-secondary institution path. You can find his website at Vitalik.ca. Naval Ravikant (@naval) is the co-founder and chairman of AngelList. He is an angel investor and has invested in more than 100 companies, including many mega-successes, such as Twitter, Uber, Notion, Opendoor, Postmates, and Wish. You can subscribe to Naval, his podcast on wealth and happiness, on Apple Podcasts, Spotify, Overcast, or wherever you get your podcasts. You can also find his blog at nav.al. Please enjoy! 00:00 Start 10:47 Ethereum vs. Bitcoin 20:54 Intellectual property in blockchain 25:30 Digital nationalism 27:53 Ethereum: concept to current day 34:21: Making Ethereum scale 41:45: Proof of stake 45:54: Layer 2 vs. layer 1 01:01:42: When Vitalik disagrees with developers 01:03:02 Organizational coexistence within Ethereum 01:05:24: Blockchain tokens are like fire. 01:13:14: Cryptocurrencies and regulation 01:23:08: Wealth inequality 01:30:30: Quadratic funding 01:39:23: Naval on campaign financing 01:40:17: Scientific research Vitalik supports + living to 1,000 01:49:54: Vitalik’s predictions 01:52:09: Vitalik’s advice to newcomers and language learners SUBSCRIBE: http://bit.ly/1dSzTkW LINK TO ALL SHOW TRANSCRIPTS: https://tim.blog/2018/09/20/all-transcripts-from-the-tim-ferriss-show/ About Tim Ferriss: Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running. Connect with Tim Ferriss: Sign up for "5-Bullet Friday" (Tim's email newsletter): https://go.tim.blog/5-bullet-friday-1/ Visit the Tim Ferriss PODCAST: https://tim.blog/podcast/ Visit the Tim Ferriss BLOG: https://tim.blog/ Follow Tim Ferriss on TWITTER: https://twitter.com/tferriss/ Follow Tim Ferriss on INSTAGRAM: https://www.instagram.com/timferriss/ Like Tim Ferriss on FACEBOOK: https://www.facebook.com/TimFerriss/