builtonethereum.network

6 Aug 2025 · 18:14

Green Pill host Kevin Owocki explores the launch of Built on Ethereum, a documentary tracing real-world uses of the network in developing countries. The conversation covers the Argentina on Chain initiative, a new media production venture behind the film, and how public goods work can inspire people who have grown cynical about crypto. It weighs that cynicism against continued hope for what the technology can still deliver in underserved economies.

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Welcome to the green bill.network podcast. If you're just joining us, we're building a coordination, a network society of thousands of hackers, dreamers, and doers focused on using crypto to bring positive some digital systems to the world. This podcast features the people who are doing it. And if you want to learn more, you can visit our website at greenpill.network where you can download the Greenpill books for free, join the Discord, or become a member of your local Greenpill.network chapter. All right, today I am talking to pee.eth ETH, who is an old friend in the space and is producing a new documentary uh to celebrate the 10 years of Ethereum event that's happening on July 30th, 2025. So, you can check out the documentary at Built on Ethereum.network.

And we in this episode talk a little bit about Peace Vision for the documentary, why he produced it, who he produced it for. And I think this is a nice primer for celebrating 10 years of Ethereum. Happy birthday, Ethereum. You're 10 years old. You're doing the double digits now. And also the documentary that Keith just put out, which is definitely worth a watch. You can get it at built on ethereum.network. All right, enjoy. [Music] >> Keith, what's going on? >> Uh, preparing for the big day tomorrow.

Launching the documentary. >> The big day. Tell us about the launch. What are you working on? Yeah. So, for the past six months or so, we've been working on this documentary about Ethereum. It's called Built on Ethereum and it's about all the categories of use cases or the narratives. So, we run through like 15 of them in 40 minutes. So, it's been a lot and it's been the first time we're doing something like this. So, yeah, >> 15 use cases. I thought crypto was just for stable coins. What are they? uh beyond stable coins with basic things like well not not basic but stable coins are the basic and then we go to defy tokenization Dows deep in web3 social the intersection with AI DI refi so yeah

there's many different things and we just go >> so stable coins are just the the gateway drug for bringing the world on chain >> yeah the tip of the iceberg >> what was the primary thing that you wanted to cover in this film which I understand is being released on July 30th. So by the time the listeners are listening to this it's already out. Um what was the primary thing that the message that you were trying to drive or the part of crypto that you're trying to show that doesn't get enough oxygen? >> Uh well everything really. I feel like this cycle has been all about first memecoins and then all about stable coins and how institutions are buying ether and these treasury companies ETF inflows and it's just boring and kind of uh yeah it got me a bit disillusioned

and I think I'm not the only one. So with this documentary we're trying to highlight like through the evolution of Ethereum like what are all of the narratives and categories of use cases uh that there are. I really try to cover all of them and just like show the people this whole vast field of possibilities beyond like yeah stable coins and memecoins. >> Yeah, it feels like crypto has gone corporate. I got into crypto to get out of my corporate job and it feels like it's it's getting pulled back in and there's I think value to that because it brings legitimacy and mainstream adoption and the UX sucks way less than it did last cycle. But uh yeah, it sort of changes the culture and where everyone's attention is at. And so, you know, I think of this possibility space

as we've got programmable money. And so, we can program our values into our money. And that's the possibility space, the total total sphere of what can be created, but where the attention is captured is really where the the most amount of value flows are, the most liquidity, and the most attention. And so, it feels like there's sort of like an arb here between what's possible and what's being done now. And maybe in the next cycle, we'll start to close that gap a little bit. >> Yeah. And not just what's being done, but like what's the f what the focus is on. So like there's projects like the grassroots economics which is happening.

There's like 50,000 Africans using it to bootstrap whole village economies but nobody's talking about it because like they don't have a token that people can gamble on. So like there are many I think cool projects that are just not getting attention. But yeah, definitely also like the whole space is just tunnel visioned into very few like categories. >> Yep. Well, uh I've been working with Will in Grassroots economics. We actually co-published Will was the author, but I helped him distribute and publish a book about grassroots economics and as you said, 50,000 Kenyons working on chain to distribute their commitments to each other. It's really cool. I feel like that's one thing that I see in common between

Greenpill and the work that I do and the work that you do is shining light on the lesser known but still potentially promising use cases of this design space. And so it was interesting to watch your documentary and to see your point of view on things. I know that in the course of filming you went to DevCon and that you filmed interviews with a few industry luminaries. Um can you tell me about the highlights of the things that you discovered in the film? the highlights. It's definitely been super awesome to meet like people from other continents and like Ysef talking about how people in Africa are using crypto like these cash apps that people are using and not even knowing that it's using stable coins in the background.

And here we go like back to the topic of stable coins but like in ways they're useful to in the like the developing countries rather than like how the corporate America can use them or like how they're cheaper transactions. Yeah. just like hearing all of that going going on there or in Latin America so like in Argentina that's been really eye opening >> of the things that you covered in the in the documentary what are you most excited about yeah this this intersection with the real world so like projects like grasses economics and like how people who don't have much infrastructure especially like countries like uh in Africa that don't have a good banking system they don't have like any of the things that we have uh out in

Europe or in US and just seeing like how they can leaprog uh their economic system from like analog or like very basic to what we have like on the internet. Yeah, I think that's definitely the most interesting to me and uh yeah, it really seems that like the parts of the world like the ways that crypto can have most impact on the people is being talked about the least and I think the primary reason for that is again just like it's the these are not speculative use cases. They're not use cases that are going to bring in a lot of capital like the Wall Street is bringing. So like the space is just kind of ignoring those things that are happening.

>> Mhm. Do you feel like there's a cohort of true believers from 2017 and 2021 that have gotten disillusioned to the space, maybe pivoted to AI, maybe retired early because they made money off of crypto early. What would you say to that audience as they're taking another look at crypto through your documentary? Yeah, I think they should uh I really hope this documentary helps in inspiring people again and just like talking about this broad broad field of possibilities. Like when I got into crypto in 2016 and like then the 2017 cycle with all the ICOs, we had like we're going to decentralize this industry, we're going to build decentralize this, decentralize that, decentralize all the things. And then uh yeah, like we're going to disrupt every

industry there is, every system that there is. And then with every cycle we've been like more and more uh tunnel visioned into just a few narratives at a time. So I hope this uh this reminds everybody like why we really here like what are all the things that are possible and uh that like yeah things are happening despite all the face space being focused on a few things there are a lot of cool things actually still happening in the background. It just takes time. Can you tell me a little bit about your personal mind state as you're going through creating this documentary because I see in you uh I mean I've known you since 2017 2018 I think we met at ETH Berlin in 2018. I see in you a true believer, someone who's been around

from the beginning. You understand this ethos, but I also I may be projecting this, but I'm feeling a little bit of cynicism coming from you. Uh a little bit of we've tried a lot of things and most of the stuff hasn't worked. And that uh I'm wondering if you could tell me about your own sort of mind state and how you hold these two ends of the spectrum in your own mind's eye at the same time without going insane. >> Uh yeah, it's it definitely oscillates. So like getting uh between getting uh impressed by the space and getting disillusioned and it just like I think it's all wrapped up always in the same day like in the same day you will see all the cool things happening and all the bed happening and it's uh yeah it's weird. Yeah, I guess I used to be a

lot more uh as my partner would say uh rose tinted glasses like seeing everything as being amazing. But then over the years I definitely got more jaded. And then talking to people who have been here for years, I felt like a lot of people shared this kind of uh thinking that like things seemed more cooler and more revolutionary in the prior years and then getting more uh yeah jetted over the years. And uh where was I going with this? Just like yeah, part of the reason that we were doing this documentary is just to like remind ourselves like what are all the things and what really brought us here and what uh keeps us going and uh

yeah kind of put it all into a video that other people can look at. And especially people who are not even in the space like people who are still skeptical of crypto and they don't know like what crypto is about and they just heard about memecoin they heard about dodgecoin they heard about ripple they heard about stable coins and they're like okay so like this is some technology that people gamble with that they can make like stable coin payments with but they don't know like what's beyond that like what are other possibilities that uh this technology enables let alone like what got us here originally like what are the the narratives that brought us uh in. So yeah, I hope it managed that we managed to inspire both like the people who have

been in space for a long time and got disillusioned over the years as well as the people who like don't know anything. So that's why we like the documentary doesn't talk about like anything technical. We don't mention proof of stake, the merge, mining, like we don't mention any anything really technical. really try to try to keep it as approachable as possible. >> Yeah, just to share my own little take, uh I also live in a sort of non-dual awareness of the cynicism of the space and the optimism of what's possible. And for me, I try to focus a lot of my energy on the the sort of nice edge of possibility between those two things and proving the things that were only in the possibility field are plausible and then once they're plausible actually trying

to find a financial model to make them actually scale and have sustainability. So, um, anyone who's listening to this podcast and I mean Green Pill launched in 2022. It's been three years and is still around. Um, if you're, you know, if you're having your own thoughts on on that duality of cynicism and hope, then would invite you to share them with me on Twitter and, um, you know, think about them while you're watching the documentary that Keith just produced. So, let's uh, let's drop the link. Where do where do people watch the documentary? When is it available? How long is it? And, uh, yeah, where where can people find it?

>> Yeah, tag us, please. I would love to hear like what keeps you sane, what keeps you going. Uh, yeah, definitely. Uh, would love to hear that. Uh the documentary will be available on YouTube under like built on Ethereum is the title. The website is built on ethereum.network and that's where you will also find the link to use box if you decide to donate a few dollars which would definitely be greatly appreciated because yeah this has been uh so far paid out of our own pocket. Besides uh we got some eat through juice books already. So shout out to yellow grief green and uh yeah a bunch of other people who supported us there. Also public nouns we got a grant from public nouns that's been uh great.

So that paid a huge chunk of the expenses. Uh but yeah we are raising more money to pay the rest of our bills that needed to be paid while we were producing documentary. Yeah the documentary is going live tomorrow at midnight. So a bit over 24 hours from now. So actually, yeah, midnight to Wednesday, which is Ethereum's 10th birthday. It felt like a nice date to set it on. So kind of like a gift to Ethereum for his 10th birthday, and yeah, it will be available for free to watch for anybody.

>> It's built on Ethereum.network is the URL. So if you're listening, open that up in a browser tab, open that up, add it to your to watch list. Um, I watched it as I was preparing for this interview. thought it was uh really cool and um you know nice to see you covering this space and as you as you tell me about the travailes of creating this documentary and creating this this resource am I seeing in you a pivot to meta media path is that your new media production company are you going to be doing more of these >> yes yes actually yes so like you might also notice like so the the common theme with the documentary in my previous project Metagame so like it was kind of the the same mission which is to on board people and teach them about like

what why this technology matters beside number go up and as some of your listeners also know like my project failed h but I still believe in this mission and believe in this technology so we kind of decided to do the documentary and behind documentary finally is growing the the meta media production company which has been a meme for years uh so we'll also be doing this kind of content as the service in case some cool projects want to run a podcast or get some event coverage or a newsletter or whatever. There's a few of us that are willing to do that, but our main project after this. So, uh, have you heard about the Cresento and bring Argentina on

chain initiative? >> I have not and likely our listeners have not also. So, why don't you tell us about it? >> All right. So while we were in Chiang Mai uh recording interviews, I met a guy called Santi who is the main coordinator of the Cimeento community and now the organizer of the bring Argentina onchain hackathon which has been a hackathon going on for two or almost three months already started or is about to start and it's ending right before Devcon connect. So they are bringing together I don't know how many hundreds of people from across Argentina and yeah the team is bring Argentina on change. So trying to figure out like what are different use cases from Argentina and different

things that could be built for like uh replace different public services or yeah whatever other thing u that would be useful for people in Argentina. Right now they are already like one of the bigger biggest adopters of crypto in the world because they have the the peso is collapsing. So they adopted the stable coins and that made people very open to crypto. So like the community has been growing like crazy. And so our next project will then be going to Argentina for de connect and talking to people over there and recording a kind of a follow-up to documentary called Argentina on Ethereum.

And we hope to continue like that either like making them based on like by visiting different countries and seeing how crypto is being used or Ethereum is being used in that specific country or uh episodes that go deeper into specific topics. So like right now we covered like 15 topics in 40 minutes and the idea is to like create follow on episode. It will be like a 10-minute episode that's all about Dallas and goes deeper into Dallas or DeFi or whatever other subtopic. But yeah, first uh Argentina on chain. Really looking forward to that one.

>> Sounds interesting. I'm I'm going to be following your work. Where do I do that if I'm interested in learning more about your work? >> Petit. So on Twitter pet peth on telegram you can also contact me petth I'm going to also share the link to the newsletter that's where I post all the biggest updates but yeah those are the main two things you can subscribe to the YouTube channel so there's a link to the YouTube channel on the website built on ethereum.network at work. Thank you for having me.

>> Thanks, Pete. Glad to have you. Um, just watch the documentary and I definitely recommend it. It's about 45 minutes, 50 minutes and definitely worth the time. Check it out at built on ethereum.network. Pete, anything I didn't ask that you want to say? >> Not really. I think it was uh we kept it short, but I think we covered everything that was important about this. >> The documentary covers everything, so go check out the documentary at built onthereum.network. Thank you so much, Keith. and donate. Please don't make me beg so much. >> Check out the documentary and donate on built onthereum.network. Thanks, Pete.

>> Awesome. Thank you. >> All righty. We just heard from Pete. I'm excited about built on ethereum.network because I think it captures that OG spirit of the people who got into the space for coordination, for solving the world's problems, and for doing more interesting complicated beautiful things than what is currently mainstream in the space. So, was a lot of fun to talk to be. Even more fun to watch the documentary. Go check it out on built onthereum.network. Thanks again for listening and I'll see you on the next one. Peace. [Music]