from Diary 2024-07-31 Lunch meeting with Vitalik

takahiroanno We talked about the future governance system with Vitalik Buterin @VitalikButerin, the developer of Ethereum, over a fisherman’s meal! We talked about the future governance system over a fisherman’s dinner with Vitalik Buterin @VitalikButerin! image

nishio Over lunch with @VitalikButerin andTakahiroAnno @takahiroanno, we discussed how governance systems will change in the future, We had a heated discussion about how to change it and what will be the problems to be solved. (Photos of other participants were taken by Seki-san @hal_sk and will be taken later) image

hal_sk Thank you for coming to our lunch @VitalikButerin ! We had a great time to discuss future governance. Thanks for coming to lunch ! We had a great time discussing our future governance. image

  • @hal_sk @VitalikButerin @0xtkgshn @nishio @nfttakerun

nishio (Why is my head always lit up in these pictures?)

nfttakerun Thank you for an inspiring lunch time! @VitalikButerin @takahiroanno

nishio I’ve been asked about this by someone who didn’t understand why Vitalik was talking about a governing system, and I’ve explained a lot about it, so I’ll put it here as well. A “general-purpose computer that can compute common content while being globally distributed,” conceived in 2013 and realized in 2016, which makes private contracts possible through technology rather than law and enforcement.

nishio “Contracts written and enforced in a common language regardless of country” realized in this way is a service that until now has been realized and provided by the state, and taxes are collected to pay for the maintenance of that service. Ethereum also automatically collects taxes in the form of “fees” for each transaction, which, if considered as tax revenue, would make the Ethereum country about the size of two Sakai cities. - Size of Ethereum Countries

nishio And out of that tax revenue and corporate earnings, investments are made in public goods to enrich the Ethereum ecosystem, which is the same “public works” as the government pulling a road or bullet train. This is the same “public works” as the government pulling roads and bullet trains. Less than $1 billion has been distributed so far.

nishio If we consider the release in 2016 as the founding of the country, it is an emerging country that has grown to this scale in just 8 years, and the smart founding leader who designed the country and made it successful is Vitalik. And since the country has no land or natural resources, the engine of growth is technology, which leads to the key phrase “governing technology”. nishio Assuming that you are a university student majoring in political science who is not familiar with technology, I wrote this explanation focusing on what seems interesting from your point of view. I am also an amateur who has only studied web3 as an adjacent area of Plurality for the past year on a whim, so I welcome comments from those who are familiar with the subject.

0xtkgshn I guess it’s possible that the word “governance” in Japanese is a bad word lol nishio Whatever the word, people who want to think they are superior by criticizing the rulers turn that word into a bad word.


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