64 - Legitimacy | Vitalik Buterin

<p>Vitalik is back on Bankless to discuss his recent blog post: The Most Important Scarce Resource is Legitimacy.</p> <p>------<br /> 🚀 SUBSCRIBE TO NEWSLETTER: <a href= "https://newsletter.banklesshq.com/">https://newsletter.banklesshq.com/</a> <br /> 🎙️ SUBSCRIBE TO PODCAST: <a href= "http://podcast.banklesshq.com/">http://podcast.banklesshq.com/</a> <br /> 🎖 CLAIM YOUR BADGE: <a href= "https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge"> https://newsletter.banklesshq.com/p/-guide-2-using-the-bankless-badge</a> <br /> 🎧 Get this Episode's Debrief: <a href= "https://shows.banklesshq.com/p/exclusive-debrief-legitimacy-with">https://shows.banklesshq.com/p/exclusive-debrief-legitimacy-with</a> <br /> ------<br /> BANKLESS SPONSOR TOOLS:</p> <p>💰 GEMINI | FIAT & CRYPTO EXCHANGE<br /> <a href= "https://bankless.cc/go-gemini">https://bankless.cc/go-gemini</a> </p> <p>🦊 METAMASK | DEFI PASSPORT<br /> <a href= "https://bankless.cc/metamask">https://bankless.cc/metamask</a> </p> <p>🦄 UNISWAP | DECENTRALIZED FUNDING<br /> <a href= "http://bankless.cc/uniswap">http://bankless.cc/uniswap</a> </p> <p>🔀 KWENTA | EXCHANGE SYNTHETIC ASSETS<br /> <a href= "https://bankless.cc/kwenta">https://bankless.cc/kwenta</a> </p> <p>------<br /> 📣 UPSHOT | Become an NFT Appraiser!<br /> <a href= "https://bankless.cc/upshot">https://bankless.cc/upshot</a> <br /> -----<br /> Bankless Podcast #64 - Legitimacy<br /> Guest: Vitalik Buterin</p> <p>Ethereum co-founder Vitalik returns to Bankless – "the greatest Ethereum podcast" – for a deep dive into one of his recent blog posts, titled "The Most Important Scarce Resource is Legitimacy." The catalyzing example for Vitalik's discussion of legitimacy comes from Bitcoin and Ethereum, who both have the power to mobilize a tremendous amount of capital but are restricted in how this capital is used. Vitalik posits that legitimacy is the deep and powerful social force behind this.</p> <p>Legitimacy is a social phenomenon that describes things that are broadly and generally accep