vitalik.eth Profile picture
May 17 11 tweets 2 min read
Thread: some still open contradictions in my thoughts and my values, that I have been thinking about but still don't feel like I've fully resolved.
Contradiction between my desire to see Ethereum become a more Bitcoin-like system emphasizing long-term stability and stability, including culturally, and my realization that getting there requires quite a lot of active coordinated short-term change.
Contradiction between my preference for reducing reliance on individuals and trying to build fixed systems that can stand the test of time and my appreciation of "live players" and their role in helping the world move forward.
Contradiction between my desire to see Ethereum become an L1 that can survive truly extreme circumstances and my realization that many key apps on Ethereum already rely on far more fragile security assumptions than anything we consider acceptable in Ethereum protocol design.
Contradiction between my love for things like decentralization and democracy, and my realization that in practice I agree with intellectual elites more than "the people" on many (though definitely far from all) specific policy issues.
Contradiction between my desire to see more countries adopting radical policy experiments (eg. crypto countries!) and my realization that the governments most likely to go all the way on such things are more likely to be centralized and not friendly to diversity internally.
Contradiction between my desire to see more diversity in interesting *cultures* and my realization that maintaining a culture that's distinct from the mainstream seems to often require *some* kind of insanity or artificial barrier or similar thing that I ideologically dislike.
Contradiction between my dislike of many modern financial blockchain "applications" ($3M monkeys etc), and my grudging appreciation for the fact that that stuff is a big part of what keeps the crypto economy running and pays for all my favorite cool DAO/governance experiments.
Contradiction between my desire for crypto to grow beyond finance and my realization that finance (incl payments+SoV) is still by far the most successful category of crypto apps, *especially* among third-world residents, human rights activists and vulnerable people generally.
Contradiction between my desire to maximally simplify the L1 and my desire to maximally simplify the whole ecosystem (as a simple L1 often "exports" its complexity to higher layers of the stack that users have to adopt anyway)
Contradiction between my desire to be a positive-sum mediator figure that can be everyone's friend and my desire to stand strongly with good against evil those times when true evil is what we face.

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More from @VitalikButerin

May 5
Update from Balvi! (moonshot anti-covid effort funded by @ShibainuCoin @CryptoRelief_ ). We have our first round of funding recipients:
@RADVACproject open-source covid vaccine R&D. Focused on trying to make vaccines:

* Easy to make worldwide, without super-fancy equipment
* Protect against infection and not just severe symptoms
* Self-administerable
* R&D out in the open

UV lamps that zap viruses to death, reducing transmission in indoor settings:

Read 8 tweets
Apr 13
I've been thinking about how to better understand the "there is no neutrality, there's only different inevitably-biased perspectives" viewpoint. Here's an analogy that I found helpful:

What is the "neutral" chess move?
If we had an infinitely-powerful supercomputer, we actually could search through all ~10^120 possibilities down the game tree and give a theoretically optimal move.

But in reality we don't have anything close to such capabilities. So what can we do?
Chess players, even at the top, generally use some combination of explicit strategy and illegible "instinct". But it's not useful to describe their strategies by talking about them as having particular biases separating them from some theoretical ideal.
Read 8 tweets
Feb 5
1. Thinking about this tweet lately. Here we have someone with a "tech people vs word people" dichotomy, but unlike @balajis and all the others who do this, crypto ends up on the side of... the word people.

This is not my image of what crypto is! So what's going on?
2. Here's the explainer on "wordcels vs shape rotators". If you're confused, read this first.

roonscape.substack.com/p/a-song-of-sh…

Now, back to the topic...
3. One important issue is that "crypto" means different things to different people.

To me, the core of "crypto" is the tech and mechanisms. ZK-SNARKs, BLS, auction models, x*y=k, quadratic funding... shape rotating all the way

Pairings literally use 12-dimensional curve twists!
Read 19 tweets
Jan 28
CryptoRelief sending $100m of the $SHIBA funds back to me. I plan to personally deploy these funds with the help of science advisors to complement CryptoRelief's existing excellent work with some higher-risk higher-reward covid science and relief projects worldwide.
I've cofounded a new org (Balvi) to direct these funds, which is in a better position to make these bets which will are very-high-value and global in nature and bring great benefit to Indians and non-Indians. You can follow funds at this address:

etherscan.io/address/0xa06c…
Projects will include vaccine R&D, innovative approaches to air filtration and ventilation, testing and much more. More info coming soon!
Read 4 tweets
Jan 1
Happy new year!

Today, a mini-tweetstorm of some of the things I've said and written over the past decade, and what I think about those subjects today.
1. In 2013, I wrote this piece on "how Bitcoin can actually help Iranians and Argentinians". The core point: Bitcoin's key benefit is internationality and censorship resistance, NOT "the 21m limit". I predicted stablecoins will prosper.

bitcoinmagazine.com/culture/how-bi…
Last week, I actually went to Argentina! My verdict: generally correct. Cryptocurrency adoption is high but stablecoin adoption is really high too; lots of businesses operate in USDT. Though of course, if USD itself starts showing more problems this could change.
Read 28 tweets
Jan 12, 2021
Temporarily breaking out of my Twitter-minimization for a short thread on issues around free speech and the mass deplatformings of the last week.

Obviously the riots were terrible, people still supporting DT are crazy, so moving on to some things that have not yet been said...
1. Every "two buttons" meme has a not-necessarily-equal and opposite two buttons meme.

The two-buttons meme most people are talking about is "private corporations can do what they want" vs "censorship is bad" on the right. But there's also a challenge on the left...
The "outside view" explanation is simple. When factions fight, they typically disagree on principles and have divergent interests. But eventually by random chance, an issue appears where taking some action X satisfies the principles of side A and interests of side B.
Read 25 tweets

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