Mindshift #19 | Part 2 - Ethereum, The Global Supercomputer

Luca Steiner (@steinerluca_) is a consultant working in the Banking and Credit Risk Management space. He is a big believer in Web 3.0, Decentralized Finance (DeFi) and has been deep down the crypto rabbit hole for over 2 years. He is a digital nomad of sorts, splitting his time between Frankfurt Germany and Stavanger in Norway.

Jonty Quenet (@GalacticQue) first started trading and investing in stocks when he was 13 and has made the transition to crypto investing in the past few years. After looking beyond the charts and understanding the true promise of the technology, he has become a firm believer in Crypto and Web 3.0. He believes it is time the average person has control over their own wealth, which can be enabled through innovations in crypto.

The two guests join Luca Bersella, the host of Mindshift, to breakdown Ethereum (which at the time of recording hadn't been smashing its ATH), how it works versus Bitcoin, how it is a global supercomputer and why it is so valuable in the context of its analogy to digital oil.

ETHEREUM RESOURCES:
Ethereum website: https://ethereum.org/
ETH Deep dive: https://www.notboring.co/p/own-the-internet
Ethereum Q1 Results: https://draecomino.substack.com/p/ethereum-q1-2021-results?token=eyJ1c2VyX2lkIjoyNDE3ODEyLCJwb3N0X2lkIjozNjQ5NTU5OCwiXyI6ImpSbXJBIiwiaWF0IjoxNjIxMjQ4OTA1LCJleHAiOjE2MjEyNTI1MDUsImlzcyI6InB1Yi0zMTQ0MDQiLCJzdWIiOiJwb3N0LXJlYWN0aW9uIn0.o5U_ekN2jxy7JRJXtSwxLFhlMZe8Bq113kapI7himAI
Crypto & Web 3 Deep dive: https://medium.com/coinmonks/crypto-and-web-3-0-are-the-future-of-product-and-work-3d19e3733181
Why Ethereum is undervalued: https://twitter.com/CroissantEth/status/1412574228973563909

PODCASTS:
Bankless: https://open.spotify.com/show/41TNnXSv5ExcQSzEGLlGhy
Into the Ether: https://open.spotify.com/show/2CNyWXgKVxTqTlmLhc8A5m?si=oNSl_SASTY-g0_9Eoxtoow&nd=1
Breakdown of Ethereum: https://open.spotify.com/episode/5ZXzLELW1489aCjUPHjTO4
All-In Podcast: https://open.spotify.com/show/2IqXAVFR4e0Bmyjsdc8QzF

BOOKS:
Mastering Ethereum: https://www.amazon.co.uk/Mastering-Ethereum-Andreas-Antonopoulos/dp/1491971940
The Infinite Machine: https://www.amazon.co.uk/Infinite-Machine-Crypto-hackers-Building-Internet-ebook/dp/B07X8HS2WC
Ethereum for Dummies: https://www.amazon.co.uk/dp/1119474124/ref=as_li_tl?ie=UTF8&linkCode=gs2&tag=dummiesuk-21

CONNECT WITH LUCA STEINER:
https://twitter.com/steinerluca_

CONNECT WITH JONTY QUENET:
https://twitter.com/GalacticQue
Discord: https://www.patreon.com/AlphaSquadCrypto/membership

LISTEN TO MINDSHIFT:
Spotify: https://open.spotify.com/show/6yHiF7BUZgoBicowDUJN0i
Apple: https://podcasts.apple.com/us/podcast/mindshift-with-luca-and-jonty/id1510671394
Google: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy9iNzRlOTAwL3BvZGNhc3QvcnNz?sa=X&ved=2ahUKEwj55L601_PsAhXEVMAKHRMDBEYQ9sEGegQIARAF

Timestamps:
00:00 Introduction
2:55 Origins of Ethereum & its Defining Features
11:38 Global Supercomputer, Digital Oil & The Network Value
13:38 Proof of Work vs Proof of Stake
18:25 What Give Ethereum Value?
19:45 What is DeFi, Adoption Possibilities, Yield Farming
26:18 Notable Projects on Ethereum & Competitor Platforms
34:03 EIP-1559 Upgrade, Ultra-Sound Money, Future Prospects
41:24 Future Outlook for Crypto, The Decade Investment
47:23 Crypto Resources & Who to Avoid
51:10 Conclusion