Address: Moonoshi on SANIN INU as the Vehicle for the Future of Decentralization

Mr Nakamoto, Ryoshi, Vitalik, CZ, Mr Musk, distinguished guests, and ladies and gentlemen:

I appreciate your president having made me an Honorary Legend at the University of Life, and I will assure you that my first lecture will be very brief.

I am delighted to be here and I’m particularly delighted to be here on this occasion. We meet at a forum noted for knowledge, in a Project noted for progress, in a crypto-ecosystem noted for a Decentralization narrative, and we stand in need of all three, for we meet in an hour of change and challenge, in a decade of hope and fear, in an age of both knowledge and ignorance. The greater our knowledge increases, the greater our ignorance unfolds…

Despite the striking fact that most of the dev’s that crypto has ever known are alive and working today, despite the fact that the crypto ecosystem’s own TVL is doubling every 12 months in a rate of growth more than three times that of the economy as a whole, despite that, the vast stretches of the unknown and the unanswered and the unfinished in the march towards Decentralization still far outstrip our collective comprehension.

No man can fully grasp how far and how fast we have come, but condense, if you will, the 5,000 years of money¹s recorded history in a time span of but 1 year of 365 days. Stated in these terms, man advanced very little in the first 360 days, except at the end of that time man advanced to the point that he now had no need to hold physical coins or paper to purchase goods. Then about 5 days ago, under this standard, a pioneer emerged from his cave to construct other kinds of money, namely Bitcoin. Only a few days ago man invented Ethereum and learned to write and use a contract that was smart. DeFi began less than 1 day ago. Taxes came soon after, and then, less than an hour ago, during this whole 365-day span of human history with money, a lucky dog, the SANIN INU, came to initiate a Decentralized revolution.

Keynes explored the meaning of money. Only recently digital wallets and other cryptocurrencies became available. Only in the last few minutes did we create lending and staking and investing protocols, the likes of which are being pioneered by Civilization, and now, if Ethereum succeeds in flipping Bitcoin, we will have literally reached the stars before midnight tonight.

This is a breathtaking pace, and such a pace cannot help but create new ills as it dispels old, new ignorance, new problems, new dangers. Surely the opening vistas of DeFi promise high costs and hardships, as well as high reward.

So it is not surprising that some would have us stay where we are a little longer to rest, to wait, and to scam. But this key of TAIL, this House of SANIN, this blockchain of Ethereum was not built by those who waited and rested and rugged, and wished to look behind them. Freedom was achieved by those who moved forward – and so will SANIN.

Speaking in April 2022 of the founding of the SANIN INU project, I said that those who doubt are the same people that will say “would have, could have and should have”. Luckily for us SANI is full of doers, and they will change people lives in ways they never thought possible. If this capsule history of our progress teaches us anything, it is that man, in his quest for knowledge and progress, is determined and cannot be deterred. The explosion of DeFi will go ahead, whether we join in it or not, and it is one of the great adventures of all time, and no project which has a moral compass and expects to lead this explosion along the right path can expect to stay behind in the race for Decentralization.

Those who came before us made certain that this Project rode the first waves of Community, the first waves of Decentralization, and the first wave of broader consciousness, and this Project does not intend to founder in the backwash of the coming age of Decentralization. We mean to be a part of it – we mean to lead it. For the eyes of the world now look towards Decentralization, to NFTs, to games, and to the payments landscape beyond, and we have vowed that we shall not see it governed by a hostile flag of conquest, but by a banner of Community, Integrity, and Freedom. We have vowed that we shall not see DeFi filled with weapons of centralization, self-enrichment, and pilfering, but with instruments of knowledge, of understanding, and freedom of access to all. Yet the vows of this Project can only be fulfilled if we in this Project are first, and, therefore, we intend to be first. In short, our leadership in Integrity and in Community, our hopes for peace and security, our obligations to ourselves as well as others, all require us to make this effort, to solve these mysteries, to solve them for the good of all people, and to become the world’s leading decentralized ecosystem for DeFi.

We set sail on this new sea because there is new knowledge to be gained, and new rights to be won, and they must be won and used for the progress of all people. For DeFi, like centralized finance and indeed all finance, has no conscience of its own. Whether it will become a force for good or ill depends on man, and only if the SANI occupies a position of pre-eminence can we help decide whether this new ocean will be a sea of peace and opportunity for all, or a new terrifying theater of war and control for the few. I do not say the we should or will go unprotected against the hostile misuse of DeFi any more than we go unprotected against the hostile use of crypto or finance in general, but I do say that DeFi can be explored and mastered without feeding the fires of war, without repeating the mistakes that man has made in extending his writ around this global economy of ours.

There is already strife, prejudice, and conflict in DeFi. Its hazards are hostile to us all. Its conquest deserves the best of all mankind, and its opportunity for peaceful cooperation may never come again. But why, some say, Decentralization? Why choose this as our goal? And they may well ask why climb the highest mountain? Why, 15 years ago, create? Why did Vitalik create Ethereum?

We choose to go for Decentralization. We choose to go for Decentralization in this year and do the other things, not because they are easy, but because they are hard, because that goal will serve to organize and measure the best of our energies and skills, because that challenge is one that we are willing to accept, one we are unwilling to postpone, and one which we intend to win, and the others, too.

It is for these reasons that I regard the decision towards the end of last year to shift our efforts in DeFi from low to high gear as among the most important decisions that will be made during my incumbency in the office of the Founder.

In the last few weeks we have seen evidence of utilities now being created for the greatest and most complex shift in global finance in man’s history. We have felt the ground shake and the air shattered by the testing of an ground-breaking new game, many times as powerful and accessible as any game which was launched on the blockchain previously, generating an impact equivalent to 10,000 other crypto projects that exist while having no reason to exist. We have seen the site where the Milkshake squad first assembled, each one in their own right as impactful as the teams of all 10 of the biggest DeFi projects combined, and whose skills will be clustered together to create a new House for Decentralization, assembled in a new ecosystem to be built as comprehensively as the App store or Google Play, home to an offering as broad as our imaginations allow, and reaching depths that touch everyone in society, rich and poor, young and old.

Within these last 9 months at least 100,000 tokens have been launched in the CryptoVerse. Some 40,000 of them were “made in Ethereum” and they were far more sophisticated and supplied far more knowledge to the people of the world than those of other blockchains. But they didn’t go far enough, or were mis-directed.

And finally, the Decentralization effort itself, while still in its infancy, has already created a great number of new projects, and tens of thousands of new opportunities. DeFi and related industries are generating new demands in investment and skilled personnel, and this SANIN project, and this Ethereum ecosystem, will share greatly in this growth. What was once the furthest outpost on the old frontier of global finance will be the furthest outpost on the new frontier of DeFi and Decentralization more generally. SANI, your Home of SANI, with its Decentralized ecosystem, will become the heart of a large creative and coding community. During the next year SANIN expects its impact to double the number of engineers in DeFi, to increase its outlays and investment for further development into the ecosystem; and to facilitate new development efforts that will be the conduit for billions of dollars a year in trade, commerce, and related activities, all accessible to everyone, and under the control of no-one.

To be sure, all this costs us all a good deal of money. This year¹s budget is three times what it was in 2022, and it is greater than the budget of the previous torch-bearer of decentralization, SHIBA. That budget now stands at a staggering sum, though somewhat less than the DeFi community pays in rugs and taxes every year. Expenditures will soon rise some more, for we have given this project a high priority – even though I realize that this is in some measure an act of faith and vision, for the benefits that await us are not assured without our Community. But if I were to say, my fellow citizens, that we shall send to the moon, 240,000 miles away from our Earth, a giant SANIN, made of new technologies and ideas, some of which have not yet been invented, capable of withstanding FUD attacks several times more than have ever been experienced, fitted together in a House with a precision better than the finest watch, carrying all the tools needed for propulsion, guidance, education, communications, food and survival, on an untried mission, to an unknown celestial body, and then return it safely to earth, re-entering the atmosphere at speeds of over 25,000 miles per hour, causing heat about half that of the temperature of the sun–almost as hot as it is here today–and do all this, and do it right, and do it first before this year is out–then we must be bold.

However, I think we’re going to do it, and I think that we must pay what needs to be paid. I don’t think we ought to waste any money, but I think we ought to do the job. And this will be done in the months of 2023. It may be done while some of you are still getting rugged left, right, and center. It will be done during the custodianship of some of the people who sit here on this platform. But it will be done. And it will be done before the end of this year.

I am delighted that this ecosystem is playing a part in sending SANI to the moon as part of a great collaborative effort of the Community, the Milkshake Squad, Civilization, and all those who are yet unnamed, and all those yet to come – you were chosen by SANI.

Many years ago the great British explorer George Mallory, who was to die on Mount Everest, was asked why did he want to climb it. He said, “Because it is there.”

Well, DeFi is there, and we’re going to climb it, and the moon and the planets are there, and new hopes for knowledge and equality are there. And, therefore, as we set sail we ask God’s blessing on the most hazardous and dangerous and greatest adventure on which man has ever embarked – the Decentralization of Everything.

Thank you. Moonoshi