Decentralizing Everything with Ethereum's Vitalik Buterin | Disrupt SF 2017

AngelList's Naval Ravikant brings Ethereum's Vitalik Buterin onstage to explain what it is and why it's useful.

Read more:
https://techcrunch.com/2017/09/18/vitalik-buterin-explains-ethereum-in-his-own-words-at-disrupt-sf/
  • SadisticStang

    Wow, said without any hesitation 'I won't go through his whole bio, that's what Google is for' fucking scary. I cannot wait till the era of Google and 'big data' is over.

  • SadisticStang

    All 'decentralized' really boils down to is, a bunch of commies who wants to create an entity that is faceless and provides 'free' services because they cannot manage in a world where the framework is built upon a hierarchy. They simply cannot function or progress in the way real successful humans do. Rather than try and better themselves, they come up with 'alternatives' Like the X-games, it's just something different for society's outliers. In the end, they're just fads. The bigger issue, the reality that these marxist kids(but the owners of these ideas definitely know) don't understand is that the more decentralized, the more there's a lack of accountability and responsibility. Whom is managing things? Whom do you raise issues with? It's all well and good while something is free or alternative, until it breaks or fails. Now there's noone to approach on the matter. They think it's great because power is being taken away from 'big' companies, and yet fail to see that the big companies just got split down into a bunch of small ones. Which is worse because now it's more difficult to get support as they're all clones of one another. Remember that industrial revolution oil and railroad guy from America in the late 1800's? His business was such a conglomerate, United States Congress actually broke his company into a bunch of little ones. Disastrous right? No, his business and profits actually increased massively. Don't let this decentralized nonsense fool you. It's just another way to power and greed - just far more dishonest than anything that came before it.

  • Wealth Empire

    Hybrid Blockchain https://youtu.be/h2S6H-Qp6Qk

  • zan zan

    sheldon exist in the real world?=)?

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