# The EVM is the MP3 of Finance > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [487]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2025-09-16 (YouTube upload date), https://www.youtube.com/watch?v=thag4yV7ucQ. Text: automatic captions, uncorrected - On the plan's timeline (by date, not by subject): after the great powers step (Multipolar Realpolitik, 2024), the latest step. - How it fits the plan (the research build's reading): Finance futurism. - Career works it belongs to: - Copyright and the digital economy: a case for reason (2010): Short paper proposing land law, with rights of way and trespass, as a better model for copying than theft:... (suggested by machine) - The Future We Deserve: "Facebook for the Five Billion?" (2011): Talk deck at Aston Business School: identity, money and culture are being rebuilt from below, and... (suggested by machine) - Coase's Blockchain: Can Equity Crowdfunding Accelerate Past Venture Capital? (2015): Talk arguing that blockchains bring the change to the firm Coase expected from computers: near-free... (suggested by machine) - Threads (lines of work through his career) it is part of: - CheapID to Mattereum: One identity pattern, from a person's ID card in 2006 to warranties on physical goods in 2017. (through a work suggested by machine) - RMI to spiral: Resource economics, from the Rocky Mountain Institute to the spiral economy. (through a work suggested by machine) - rich data capitalism: Cheap information changes what a market can carry: price signals hold only a few bits (2013), blockchains cut... (through a work suggested by machine) - Topics: Gold, stablecoins & asset backing (100%) - Distinctive terms here, against the whole archive: USDT (3 here; 14 sources in all, earliest dated 2021); USDC (1 here; 17 sources in all, earliest dated 2021); tokenization (1 here; 39 sources in all, earliest dated 2014); platforms (1 here; 76 sources in all, earliest dated 2008) - Importance: core-text score 0.11 (1.00 is the top), number 512 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [497] [Debt vs Equity (2025)](https://guptaoption.com/texts/497.md); [498] [The Graphic Design Industry After Photoshop (2025)](https://guptaoption.com/texts/498.md); [500] [Digitizing Commodities Markets (2025)](https://guptaoption.com/texts/500.md) - On the same works, just after: [472] [American Innovation x British Precision (2025)](https://guptaoption.com/texts/472.md); [473] [The UK Will Lose Web 3.0 Just Like It Lost Web 2.0 (2025)](https://guptaoption.com/texts/473.md); [475] [American Acceleration vs European Decline (2025)](https://guptaoption.com/texts/475.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: The EVM is the MP3 of Finance, video, 2025-09-16, https://www.youtube.com/watch?v=thag4yV7ucQ; in Vinay Gupta's archive at guptaoption.com, source [487], https://guptaoption.com/texts/487.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=thag4yV7ucQ&t=0s) I just want to chip in a wee bit on the dollarization thing. So I just want to point here at digital music and digital video. Um where you know those things went from being pre-digitization to post-digitization. In the middle of that you got a huge explosion of new creators uh consolidated on a relatively small number of enormous platforms. So you know if you think of this as just like USDC USDT export the dollar globally dollar is one half of the equation then the question is what do you buy with your dollars? Well when Amazon can accept USDT in Nigeria for shoe orders you kind of get one branch of it. The other branch of it is I've got a bunch of USDT in Nigeria, Mexico, Guatemala and I'm be able to buy into US startups using those coins. You know, if you think of the sort of exact parallels between like everybody in the world is listening to their music on YouTube, everybody in the world is using New York Stock Exchanges tokenization service to get into US startup economies. You know, we've seen this kind of digitization wave before. We kind of know a little bit about how it goes. Sort of like that. And I mean this sounds kind of weird and dumb, but if you think of like the EVM as being kind of sort of like MP3s for financial instruments, you know, there's the format for representing a financial instrument globally. And then you go through, you digitize all the financial instruments. We did exactly this with music. We did exactly this with movies. H and then that resulted in things like social media. Digitization is a phenomena. We've seen it in so many different areas over and over and over again. I would expect digitization of financial instruments to have very very similar long-term trajectory. --- End of [487] The EVM is the MP3 of Finance. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [472](https://guptaoption.com/texts/472.md) American Innovation x British Precision (2025); his whole career in one file, https://guptaoption.com/story.md.