I am bookmarking this post and making sure I come back and read it frequently. So I continue to try to resist my inherent attributes (resist my age and solidified methodologies) which might cause me to "miss the train" on what the youth are up to.



In my opinion, everything I wrote above is valid (and that is not true of some other posts I've made recently because I am learning very fast right now about this phenomenon I described below). I am entitled to share my opinion. I am not attacking subjective ambiguous attributes such as his ethics (although I was perplexed as to whether they believe some of their unworkable fantasy designs). I am not berating anyone nor repeating over and over again trying to force it down your throat. You incite me to respond because of your attack with an implied assertion that I am only Homer Simpson and that I am nothing in comparison to Vitalik as Albert Einstein. The difference that you perceive has probably more to do with the difference that I describe below between an Xgen and a Zgen, in that I won't actually launch something until I am sure I have worked out the details and I am confident I have something that is workable. That doesn't necessarily mean my style of work is better.

I think Vitalik said it best himself where he has basically admitted he was (at least initially) playing this like a cartoon or game with a bimodal perspective on reality. The Millennials seem to have been raised to think life is like a game. Unlike when we were kids and there were no computers, no gadgets and we needed to go climb trees and play with insects, the youth starting about with Vitalik's generation (and I should know because I have a son his age who is addicted to gaming), grew up with a different idea of what reality is. Yeah I am old enough to be Vitalik's father.

So it is important to understand they will think of the world from much more virtual reality terms than actual reality.

I think that is a valid insight to share.

Vitalik is math smart. He also knows how to inspire the dreams about a utopian virtual reality. But when it comes down to producing scalable technology and common sense business objectives, it seems that is not his forte so far. He may improve on his weaknesses as he matures. And I may improve on emulating what he does best, as I learn from studying him, his generation, and the phenomenon they initiated (which is the purpose of this thread). I understand very well that the youth drive the future, and so I damn well better understand what they are up to. It is has been difficult for me to make the transition from my upbringing which is to have solid engineering and total design before embarking, to this new way of just having a nebulous idea and raising $millions without really knowing how the idea will end up being scaled and workable. I am realizing this has a lot to do with the generational difference in attitudes and upbringing. With games, you start playing and figure it out as you go along. For example, I noticed my son was much less interested in getting all the engineering of something worked out in his head like I do, and instead he was more interested in detailed discoveries while playing. He wanted the work to be part of the game, not something separated. You can see this in Vitalik's Ethereum blogs. He was working as part of the game. For him, the burnrate was okay because it was all part of the game of him being able to work with as many like-minded dreamers. Tual reiterated this recently when he stated that it is okay that even if The DAO fails, then it still would have been good for the crypto-currency ecosystem. For them, the ecosystem is the game.


I think that is a good result for all of us, for such insight, learning, and progress to be achieved.