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Vitalik writes about cultural and political changes and Open Source funding, not fixated on ETH price.
Vitalik does not pay excessive attention to the ETH price
Ethereum founder Vitalik Buterin recently published two blog posts in succession, sparking speculation about his current thoughts. Despite the continuous decline in ETH prices, even dropping below $1800, Vitalik seems to be paying little attention to this.
The content of his two blog posts is as follows:
The Year Wheel Model of Culture and Politics
Vitalik proposed a "year wheel model" to explain political and cultural changes:
Each era forms a new ring on the cultural tree, shaping people's attitudes towards new things. Once these boundaries are fixed, they are difficult to change, while the new rings continue to grow, influencing the next wave of issues.
This model can explain some phenomena:
The model indicates that changing attitudes towards existing things is difficult, while inventing new behavioral patterns is much easier. This is also the charm of the crypto space - it provides an independent technological and cultural foundation to do new things.
Open Source Funding vs Public Goods Funding
Vitalik believes that there should be more discussion on open source funding rather than public goods funding. The reasons are as follows:
The term "public goods" is easily misused. Many commercial projects also claim to be "building public goods."
In contrast, "open source" has a clear definition, and digital public goods are usually open source. Open source projects are also assumed to be public goods.
The advantages of "open source":
For public goods in physical space, the most effective way to provide them globally often also involves open source. For example, research on clean air is mostly open source.
Overall, shifting the focus from "public goods" to "open source" seems to be a better choice. Open source does not mean "as long as it is open source, it is equally noble"; it is still necessary to distinguish which projects are more worthy of support.