Apr 30 • 1HR 49M

116 - Why Bankless Is Wrong | Ethan Buchman - Cosmos

Empires vs City-States

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Ethan Buchman is a fantastic human being, an Internet Biophysicist, Monetary Localist, and Co-Founder at Cosmos. In addition, he is President of the Interchain Foundation.

Today, he comes on Bankless to tell us why we’re wrong.

This episode’s dialectic explores the fate of the blockchain ecosystem—will we have a multi-chain sprawl of different protocols, or will we see a few chains with a power law distribution?

We dive into the value of monetary premium, set against the opposing side of monetary clearing and velocity.

And what does this all mean for security?

The ultimate answer we seek is how to avoid turning the world into a dystopia. On either side of the tyranny spectrum lies anarchy and autocracy, so perhaps the answer rests somewhere in the middle.


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