Is SOL Money? with Austin Federa, Head of Strategy, Solana Foundation

Bankless hasn’t had the most coverage of Solana, the network, and SOL, the asset, but in this episode that changes. Our guest, Austin Federa is Head of Strategy at the Solana Foundation and is the host of the Validated podcast.

David was recently a guest on Austin’s podcast where they went back and forth on some of the cultural and philosophical differences between the Solana and Ethereum projects. Today is a continuation of that episode.

Despite some differences in community perspectives, Austin brings a fresh perspective on the design philosophy that relates Solana the network to SOL the asset and so much more.

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TIMESTAMPS

0:00 Intro
6:50 Programmable SOL Values
8:10 SOL’s Story Arc
12:25 SOL’s Architecture & Utility
17:30 SOL’s Economic Sustainability Model
19:20 SOL’s Triple Point Asset Thesis
25:15 Solana’s LSDs
28:48 Solana’s MEV Philosophy
33:56 End Game of Solana MEV
40:00 Ethereum vs. Solana
50:00 Market Cap, Values, & Layers Debate
1:00:15 Closing & Disclaimers

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RESOURCES

Austin Federa

157 - Will Solana Make It with Anatoly Yakovenko

Solana is Launching a Phone? | Co-Founders Anatoly & Raj

The Philosophy of Ethereum According to Bankless' David Hoffman

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. See our investment disclosures here:

[Bankless]

Timestamps:
0:00 Intro
6:50 Programmable SOL Values
8:10 SOL’s Story Arc
12:25 SOL’s Architecture & Utility
17:30 SOL’s Economic Sustainability Model
19:20 SOL’s Triple Point Asset Thesis
25:15 Solana’s LSDs
28:48 Solana’s MEV Philosophy
33:56 End Game of Solana MEV
40:00 Ethereum vs. Solana
50:00 Market Cap, Values, & Layers Debate
1:00:15 Closing & Disclaimers

[zorbavenger]

This guy speaks facts. Finally got someone setting the record straight with many of ethereums downfalls including relying on centralized layer2s to scale

[myblockcrypto]

Austin killed it. Hats off to Bankless for letting him share too.

[eddyf]

Austin is a sharp dude, knows far more about ETH than David knows about SOL.
Regardless, fascinating conversation, please more non speaking to the choir episodes. 🙏

[MB-tzby]

David met his match here. Austin is like the David of Solana. Austin might know more about ETH than David even, and def knows more about SOL. Love it.

[olgringold]

I loved this. Being able to be party to subject matter experts challenging each others' thesis is probably the most educational content possible in such a competitive industry.

[astendavis]

This was awesome. Austin genuinely knows a lot about Eth, and hearing the differences in philosophies between Sol and Eth was interesting to hear. More Solana content, please

[adrianelsasserbriones]

Man the Solana guy is totally schooling David and I'm all for it 😂

[shizane]

Given how fundamentally different the two chains are, it's a good idea to hold both to hedge your bets, imho. Side note, pretty impressive how deeply Austin understands both chains

[GT-dwlx]

Wow this guy Austin knows his stuff felt sorry for David I’m definitely going to buy Solana now after listening to that

[paulburak]

I started with BTC, went to ETH, then discovered SOL. I love ETH and SOL and think coexistence on friendly terms is the best take. Any ETH fan that only likes ETH is no different then Bitcoin maxis of the past

[MaxMohammadi]

People don't realize that SOL actually has excellent tokenomics

[RottieBull]

I listened to your presentation for informational purposes; however, I was lost most of the time. You guys are truly nerds and I applaud you! Thanks 😅

[minty]

The Bankless hosts are very smart, but compared to the founder of Sol... Just feels like a whole different level of knowledge. I love to see it as a Sol maxi. Great podcast

[ganiberisha]

I like Eth, but I think Solana is the future for me. Great show, super smart and respectful debate.thank you so very much

[Rawsavon]

It was nice to see to some informed feedback/pushback presenting counterpoints to David's more idealistic Eth narrative. The hope for what Eth becomes (evangelized by David and Bankless) may indeed come to pass, but it is certainly not guaranteed...and some would say not likely given the capitalistic tendency of the world as evidenced by the history of civilization. This was a good conversation (would not call it a debate) from two people that agree on a lot of things but that also have very different lines of thinking when it comes to human behavior.

[ayetteyhadjor]

Considering how often you were interrupted, Austin, you did a formidable job, I am definitely a fan now. Thank you.

[vladouritski]

Very deep and thoughtful conversation. Really enjoyed listening. Thanks guys

[MaxMohammadi]

Austin: **making perfect sense**
David: "yeah, yeah, yeah..."

[Stahlvin]

More Solana content pls. Thanks for interview.