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Vitalik Buterin

@vitalik.eth

73 Following
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Vitalik Buterin
@vitalik.eth
Open source is so so important in a healthy d/acc bio future
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Vitalik Buterin
@vitalik.eth
d/acc day bio section starting soon! Lots of people already here
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Vitalik Buterin
@vitalik.eth
high res here
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Vitalik Buterin
@vitalik.eth
d/acc day starting in 10 min!
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Vitalik Buterin
@vitalik.eth
Hope you guys can find time to make the third movie soon!
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Vitalik Buterin
@vitalik.eth
Blobs have quietly "entered price discovery" Total fees seem to be averaging ~10 ETH per day lately.
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Vitalik Buterin
@vitalik.eth
the prompt was "most recent 8 applications I used!" more honest than excitement imo, our space has been running on excitement for 15 years, now the standard needs to rise to actual usage for something to be interesting
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Vitalik Buterin
@vitalik.eth
I did not know ahead of time!!!
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Thomas
@aviationdoctor.eth
Have a look at the Ethereum Foundation’s annual report if you can. It’s beautifully written, gorgeously illustrated, and the humble and thoughtful principles it defends (long-term thinking, subtraction, and stewardship of values) make me proud of supporting this project and remind me of why I aligned with it in the first place. Our myopic brains get easily hung up on technical or price considerations at the expense of the broader and long-term vision. If code is poetry, then Ethereum is a collective masterpiece https://x.com/ayamiyagotchi/status/1854718486213542306
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Vitalik Buterin
@vitalik.eth
Incidentally, Robin has also written about this topic! https://mason.gmu.edu/~rhanson/buyhealth.html Could be interesting to try to figure out a more decentralized version of these ideas.
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Vitalik Buterin
@vitalik.eth
yeah as I say in the post, market is good as an engine, its effect is only as good as the (non-market) steering wheel. I definitely don't think token voting oracles are the ideal solution.
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Vitalik Buterin
@vitalik.eth
From prediction markets to info finance: https://vitalik.eth.limo/general/2024/11/09/infofinance.html
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Vitalik Buterin
@vitalik.eth
If you print 3D homes, on what land would you put those homes? If that land exists, why doesn't it have permanent structures already? I definitely think being able to put up housing in new places really quickly is amazing, but would it solve this specific problem?
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Vitalik Buterin
@vitalik.eth
Basically! You buy an NFT that lets you rent a particular place at $N/month for the next k years, and you have a highly liquid market for trading them. (And possibly government subsidies, paid for by property taxes, to give people these NFTs for free up to a certain standard of quality)
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Vitalik Buterin
@vitalik.eth
Cartels only work when there is a finite pre-existing set of actors that need to collude to make the cartel, with no possibility of free entry of new ones. So buidl buidl buidl is actually the easiest way to accomplish this. There will be downtown areas where space is actually limited because even 3D has limits, but that's fine, that's the premium space. Empty buildings are not a crisis, empty buildings are good, they're spare capacity. Basically, we want to do to the housing market what everyone thinks capitalists do to the labor market (push rates down to subsistence level by flooding it with supply).
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Vitalik Buterin
@vitalik.eth
One answer: a big problem with the rent control approach is that it turns tenancy into a de-facto partial property right that is nontransferable. One fix: make it transferable. (If you take this path to its logical conclusion, you arguably eventually get Georgism) Another answer: a long-term commitment to keep housing prices low, eg. strict limits on zoning restrictions. Houston, Japan, etc seem to work quite well on that model.
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Vitalik Buterin
@vitalik.eth
The voters banned banning banning banning charging too high rent. (To be clear I'm in favor of this, the best way to keep rent low is buidl buidl buidl)
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Vitalik Buterin
@vitalik.eth
The goal is not to keep increasing the watts per m^2, the goal is to make covering lots and lots of m^2 (really, km^2) really cheap.
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Vitalik Buterin
@vitalik.eth
The entire a capella science channel is great, if you haven't clicked through to it already: https://www.youtube.com/channel/UCTev4RNBiu6lqtx8z1e87fQ
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Vitalik Buterin
@vitalik.eth
Has someone really done a kung fu fight on Ellef Ringnes Island, northern Canada?
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