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Zooko Wilcox-O'Hearn

๐Ÿ‘ค Speaker
118 total appearances

Appearances Over Time

Podcast Appearances

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

We do grow in numbers.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

We do grow in users.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

We are unlocking new technologies and we are impacting things.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And therefore, the pre-existing world, which is, as we kind of just illustrated, is getting in the way of our goals because they have the feedback loop, they have the users, they have the lobbying arms, all the resources that they have.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And what do they do as a result of looking over the fence at our industry and seeing some of the very real successes that we have?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

At the end of the day, a good crypto app does have over a million users, maybe not 100 million.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

You have 100 million holders of different crypto assets, 100 million app users, maybe not there.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And, you know, maybe it wasn't homegrown on our side of the fence.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Right.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And we weren't the first users of that product.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Maybe it's still Facebook.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

But under the conditions that like crypto is actually successful, has enough of a modicum of success that it,

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

incentives, incentivizes TradFi and Web2 to pull some of the best value, the best utility that we are producing out of crypto and then formalize it and integrate it into their tech stack.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Is that not a win?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

And is that a win that also leads to the demise of what we call the movement?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Because it's not our stuff, it's their stuff, but our values still win?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

Is that kind of what happened with Linux?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

What do you think about this?

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

One difference that I see in the crypto industry versus the Linux industry is actually crypto has a pretty big proportion of non-technical users.

Bankless
Zcash Founder on Privacy, AI, and How ZEC is 'Encrypted Bitcoin' | Zooko Wilcox-O'Hearn

You know, myself being one of them and I was using crypto when it was in its worst UX era ever in 2016, 2017 DeFi.