Episode 56: How to invest with BlockGeeks founder Dmitry Buterin

MikoBits Blockchain NFT and DeFi show

Dmitry on the history and culture of Ethereum

When I look back at the origins of Ethereum. And I look at the number of people who were involved early on. I do know that they explicitly discussed that one of the things that they were not too happy about. They were all involved in the Bitcoin community, right? That was the original crypto community. And, and already, then Bitcoin community sometimes could be abrasive, you know, there was a lot of this kind of like, biting if you will, quality to conversations, right? Yes.

A lot of the people involved in this space? They're very smart software engineers and such kind of, you have to be smart. It's hard to develop to code if you're not. Yeah. And many of those people, are introverts, right. So they are not really people who want this. Yeah, conflict them, you know, fighting, right. So in some ways, many of them felt uncomfortable with their Bitcoin community, because there were so much competitiveness and divisiveness if you will.

So specifically, when they started Ethereum, they said, Hey, guys, let's this thing that we tried to build, and which was at that time, you know, just like a pipe dream, right? Oh, let's build this thing. But they tried to they said, Okay, well, let's create a community, which is based on openness and inclusivity.

And, and I think this is really, this really became some, you know, those things become crucial aspects of the foundation of the Ethereum community, right. And I have, I have seen this many times, actually, my life because of, you know, building businesses over many years, and looking at companies and looking at my friends, entrepreneurs, whatever you build, project, initiative, business, whatever, it will always be a reflection of, of you as a human being. Right? That always happens, right? And Bitcoin was created by this anonymous person. And so it's really kind of hard to kind of that person, if you will, the energy that he put into this project, you know, there, there was a lot of this stuff that people tried to carry on. But and if you're competing specifically, with Alec and some other early people, they had this, they have this energy of openness and inclusivity. Right. And this eventually propagated throughout the community and you know, communities never homogeneous, right, you will always find all kinds of people.