2021-08-13 · timestamps by AIDa Pool Cardano
AMA 08/13/2021
- Announces the Alonzo hard fork combinator event for September 12, 2021, bringing native assets and smart contracts to Cardano mainnet, plus the Cardano Summit for September 25 and 26.
- Reflects on capitalism, billionaire responsibility, and personal side ventures in biotech, geothermal energy, and aquaponics.
- Traces online hostility and conspiracy theories back to institutional distrust, and walks through his own reasoning for getting vaccinated against COVID 19.
- Pushes back on accusations of ego and narcissism by pointing to Cardano's growing decentralization through Catalyst, stake pools, and unattributed research.
- Weighs in on Ethereum Classic's stalled governance, Chainlink community hostility, and reveals a 20 million dollar personal donation to CMU for formal mathematics research.
- Closes the AMA with a live Kiva microfinance demonstration, funding a borrower to preview Cardano's future in peer to peer lending.
100 entries
Opens the AMA broadcasting from Colorado and recaps the hard fork combinator announcement made earlier on Rand's show.
Confirms the mainnet timeline: native assets and smart contracts land with a hard fork on September 12, candidate cut on August 16, over 140 exchanges upgrading.
Credits the community for weathering ghost chain jokes and VC dismissal, framing Cardano as a movement bigger than any single company.
The mission to return power to the edges through personal money, personal identity, and eventual national CBDC issuance on Cardano.
Lists the first principles problems that had to be solved that other chains avoided: stable fees, native assets, on chain voting, sustainable consensus.
Uses the 66 years between the Wright brothers and the moon landing to argue technological and social change keeps accelerating.
Announces the Cardano Summit for September 25 and 26 across seven locations worldwide, with the flagship event in Wyoming.
Banters with viewers about celebratory drinks and taking a break, promising a two week vacation after the summit.
Smart contract concurrency is achievable by combining multiple contracts and inputs within the UTXO model, pointing to Plutus Pioneers.
Fields a question about whether a future Python compiler could target Cardano smart contracts.
Jokes about naming the show's lobster mascot and eventually minting it as an NFT.
Confirms the military already uses blockchain technology.
Debunks a rumor that the September 12 hard fork date is wrong, explaining the epoch turnover falls before the weekend trigger.
Praises SingularityNET as a strong partner building on Cardano, and names trout and halibut as favorite fish.
Confirms any smart contract can theoretically be hacked, but certified software and formal specification drastically cut the risk.
Community responsibility for security, from visual certification indicators to avoiding phishing sites that impersonate Daedalus.
Criticizes YouTube for negligently allowing recut giveaway scam videos built from his own anti scam warnings.
Recommends Don Tapscott's Coursera courses for business graduates wanting to break into blockchain and digital transformation.
Argues the biggest misconception about billionaires is that wealth automatically brings clarity, purpose, or freedom from greed.
Reveals a new biotechnology company founded with his father and brother, focused on anti aging and regenerative medicine.
Argues capitalism, not government coordination, is what lets iterative, reliable medical products actually get built and funded.
Personal alternative energy projects: solar already installed on his ranch and a planned geothermal plant with startup Eavor.
Envisions pairing geothermal power with aquaponics facilities nationwide for carbon neutral local food resiliency.
Warns that the belief only government should provide solutions has historically produced dictators and status quo preservation.
Reframes turmoil in Africa as a symptom of outdated global governance systems rather than a region specific issue.
Observes that human knowledge and cognition are now permanently recorded, demanding new social structures across generations.
Predicts a new generation of leaders with new systems and technology will make Africa one of the wealthiest continents in the world.
Quick preference for coffee every day over hot chocolate.
Lists the qualities he looks for in people: open mindedness to disagreement, emotional stability under stress, and leadership.
Real leadership means telling people difficult truths and asking for sacrifice without lying, citing the medieval court jester.
Credits passion and patience as the compounding traits behind long term success and exponential skill growth.
Creativity, the willingness to break orthodoxy, is the third ingredient alongside passion and patience for great products.
Frames Cardano as a values based, mission oriented organization where the protocols themselves embody principles.
Argues institutions like the CDC, Federal Reserve, and Veterans Administration have lost legitimacy through dishonesty and apathy.
Shifting from the virtue of the individual to the virtue of the protocol as a more sustainable form of governance.
Outlines what a fourth generation cryptocurrency needs: new computation models and a multi resource consensus combining different proofs.
Teases upcoming news on US corporate and government adoption of Cardano at the September Summit.
Names Dave Chappelle and George Carlin as favorite comedians.
Compares the Lean and Agda proof languages, previewing the Hoskinson Center for Formal Mathematics at CMU.
Recommends the GKL15 paper as the best entry point into IOG's Ouroboros research philosophy.
Weighs in on Ethereum Classic's future, criticizing toxic community members who treat any disagreement as evil.
Mantis, built as a full Ethereum node, is a leading candidate for an EVM compatible sidechain on Cardano.
IOG will not keep funding Ethereum Classic development for free without a treasury system, contrasting it with his 20 million dollar CMU donation.
He would rather contribute to Litecoin or Bitcoin than Ethereum Classic if the community keeps rejecting innovation.
Suggests Ethereum Classic's governance struggle would make a great academic thesis on crypto governance.
He doesn't understand the disproportionate hostility from Chainlink holders and has considered legal action over slanderous tweets.
Reddit, Twitter, and Telegram amplify fringe toxicity far beyond what represents the core community.
Dismisses 4chan slash biz insults as consequence free anonymous posting undeserving of an emotional reaction.
Distinguishes engaging sincere conspiracy believers, like election fraud claims, from ignoring bad faith trolling.
Argues a lab leak origin for COVID 19 is a more plausible Occam's razor explanation than a natural market spillover.
Shares a method for talking to conspiracy theorists and cult members: listen until you find the root cause of their distrust.
Acknowledges real historical conspiracies like MKUltra and Freemason influence, but rejects the idea of one group controlling global order.
Admits listening is still a work in progress skill he's actively improving.
Confirms he is fully vaccinated with Pfizer, having preferred but been unable to get Novavax.
Basic virus mutation and why COVID may involve gain of function research causing multi system failure.
Defends the vaccine's rapid six month development by pointing to 30 years of prior mRNA platform research.
Frames the choice as nature's vaccine versus man's vaccine, weighing COVID's death and long term risk against the shot's.
The DNA to RNA mechanism behind rare blood clots in the J&J and AstraZeneca shots versus the mRNA platforms.
Vaccine skeptics aren't bad people, just distrustful after being lied to repeatedly by institutions.
Cites ICU statistics showing most severe COVID cases are unvaccinated, framing the shot as personal accountability rather than mandate.
Pushes back on the accusation that he brags constantly, saying he spotlights community stories rather than himself.
Points to growing decentralization as proof against megalomania: stake pools run the ledger, Catalyst keeps expanding.
His name appears on none of IOG's 111 research papers, unlike Craig Wright's self credited approach.
Cites Satya Nadella's data driven turnaround of Microsoft as a model for overcoming institutional bias.
Argues humanity's wisdom and collective intelligence must catch up to its technology or risk catastrophe.
Accepts that people project savior or devil narratives onto him regardless of the underlying facts.
Corrects claims of exaggerating his fame, recalling meeting Steve Miller and CCR at the IOHK Global Summit.
Owns his casual style and the 40 pounds gained from over 200 travel days a year in the industry.
Recalls a homeschooled childhood in Hawaii raised on his mother's classic rock records instead of 90s pop.
Talks openly about living with gout and the joint damage it has caused over the years.
The story of his first gout attack in Japan, stuck climbing 14 flights of stairs with a broken elevator.
Reacts to news that a colloidal silver advocate politician has died.
Calls motorcycles remarkably dangerous and advises against them as a first vehicle despite once owning a Ducati Monster.
Red meat and purines as gout triggers and the value of dietary management.
Shares Louisiana travel stories and his enthusiasm for Fourth of July fireworks.
Advises an aspiring farmer to start with Cornell's smallholder farming courses and micro agriculture videos.
Plans to build an aquaponics facility on his Wyoming property in 2022.
Confirms his wild, undomesticated bison herd on the ranch.
Familiarity with Garrett Lisi's E8 theory in quantum gravity as fun dinner party conversation.
Denies being Satoshi Nakamoto, joking his age doesn't fit Bitcoin's 2008 creation timeline.
Names Wish You Were Here as his favorite Pink Floyd song.
Guesses Adam Back as the most likely Satoshi candidate under Occam's razor.
A shelved plan for a free JavaScript course teaching computer science fundamentals through projects like a web scraper and a deepfake module.
Confirms the maximum Ada supply is a fixed, hard coded protocol parameter.
Jokes about numerology and the number five.
Confirms reading Atlas Shrugged, joking about Ayn Rand's page to substance ratio.
The story of the best money he ever spent: a 1.30 dollar ramen cup when he was broke and hungry.
Confirms owning a Can Am Hurricane Evo off road vehicle he calls amazing.
Jokes about buying a yacht with Ada, clarifying he's not a yacht person and had to earn everything himself.
Gives a development update on the Yellow EVM compatible virtual machine sidechain, plugged into the Mantis codebase.
Names Chopin and Beethoven as his favorite piano and symphony composers.
Reveals the show's lobster mascot has officially been named Mike.
Cardano is named after Renaissance mathematician Gerolamo Cardano.
Would rather fly than teleport.
Open to trying psytrance after enjoying psychedelic space rock and synthwave.
Names Baldur's Gate and Arcanum as tied favorite video games.
Distinguishes cryptography from blockchain, recalling a university cryptography class before discovering Bitcoin in 2011.
Kiva's microfinance model and plans to build a peer to peer Cardano microfinance platform once smart contracts launch.
Live funds a Kiva loan for a widowed tailor in Albania needing medical expense support.
Closes the AMA reviewing the Kiva lending portfolio across countries and thanking the community.