Yuval Rooz
๐ค SpeakerAppearances Over Time
Podcast Appearances
These are all the social contracts that technically speaking,
The validators on Ethereum could, if they were able to coordinate something, decide to censor one party.
If they all came together and decided we're not going to accept packets from David, technically speaking, zero probability likelihood, but technically speaking, possible, right?
So again, I'm not going back to that specific thing, but my point is,
When it comes to the asset, that's the only thing that we give issuers of asset much stronger guarantees about sovereignty and control over their assets.
It's that composability layer that no single entity control and can censor.
So as long as I meet the requirements of the smart contract and what am I allowed to do with them and how am I allowed to interact with them, I will be able to compose a transaction in a trustless, decentralized manner.
Can I, and then I'll give you my answer.
Can you tell me like, and I reminded you in the beginning, right after you announced that I'm coming, what was your announcement right after me?
You remember how everybody was excited that JP Morgan issued a money market fund on Ethereum?
Like if NASDAQ just came out with a PR saying, hey, we're going to do everything on Ethereum and we are going to run validators and we're going to do staking.
Do you think that Gabe would have posted the same question?
No.
And that's fine.
But that's not in Bankless, but that post.
We never have bag bias.
We never ever have bag bias.
By the way, that's fine.
It's all good.
But again, to be honest, I have to say, I really, really, I think this conversation was one of the better ones that I had.