00:00 Speaker A

Why Marco bet on Solana specifically? W- why Solana rather than rather than Bitcoin or Ethereum?

00:08 Speaker B

Yeah, well, to be fair, uh I am personally a Bitcoin believer. Uh I think Bitcoin is special. It is a new monetary system. Uh it is a generational and and maybe even more rare occurrence in the course of human affairs. Ethereum, which is another example you gave, was an attempt to broaden that model to more than just money to make composable smart contracts that were tough to interfere with and were uh

00:43 Speaker B

reliable and composable. You could kind of treat like Legos. You could build business logic on top of business logic that involved finance and money.

00:52 Speaker B

The problem with that is that it just didn’t scale and it hasn’t scaled given years and years to scale.

01:03 Speaker B

Solana does scale. And when I say scale, I mean where Ethereum can only do a handful of transactions per second, Solana is geared up to do hundreds of thousands of transactions per second. You can actually run a new financial system on Solana at the base layer, uh without too many bells and whistles uh and complexities that you would need to build on top of Ethereum in order to run that. So, when I think, uh what system, what protocol, what blockchain is a new financial system going to run on if we wanted to build one?

01:42 Speaker B

I’m not thinking Ethereum. I’m thinking Solana.