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Dmitry ButerinDmitry Buterin is the Founder of three multimillion-dollar businesses, including top-ranked membership management software company Wild Apricot, which serves over 20,000 small nonprofits. He was also the Co-founder of Blockgeeks, an online hub where talented, inspiring, and hard-working entrepreneurs, investors, and leaders learn about the rapidly evolving world of blockchain. 

Dmitry is also an angel investor and mentor for blockchain startups. He is a proud father of three, one of whom is the creator of Ethereum.

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Here’s a glimpse of what you’ll learn:

  • Dmitry Buterin talks about growing up in the Soviet Union, rejecting the propaganda, and moving to Toronto 
  • Built for 12 years, sold in 2017— the original idea of Wild Apricot   
  • What is Gate To Ukraine, and how did Dmitry get involved? 
  • How Dmitry took the news of his son, Vitalik, wanting to drop out of college 
  • Dmitry’s role in introducing Vitalik to bitcoin and blockchain technology
  • Ethereum uses today and what to expect in the future
  • What’s holding back broader adoption of Ethereum and other blockchain technology? 
  • Ethereum transaction fees explained 
  • Why Dmitry started Blockgeeks 
  • Dmitry’s favorite resources for the crypto tech space 
  • What does NFT (non-fungible token) have to do with Dmitry’s LinkedIn profile?

In this episode…

You’ve probably heard about Ethereum and how it powers many products and services. You may not know that Ethereum exists partly because one man, Dmitry Buterin, got tired of Soviet Union propaganda. He moved his family to Toronto, where he raised his son, Vitalik Buterin, who would later drop out of college to co-found the Ethereum platform.

And that’s only the short version of the story. Dmitry, who himself founded and built three multimillion-dollar businesses, played a significant role in introducing Vitalik to Bitcoin early on. Fast forward years later, he’s undeterred and excited about the future of Ethereum. What does that look like? 

Listen to this episode of the Rising Entrepreneurs Podcast with Dr. Jeremy Weisz featuring a Co-founder of Blockgeeks, Dmitry Buterin. They discuss the Ethereum origin story, Ethereum use cases, Dmitry’s work with Gate To Ukraine, why he is vilified for it, and what the future holds for Ethereum. 

Resources mentioned in this episode

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Episode Transcript

Jeremy Weisz  0:19  

Dr. Jeremy Weisz here, Founder of inspiredinsider.com. I talk with inspirational entrepreneurs and leaders today is no different. I have Dmitry Buterin. And I’m gonna formally introduce Dmitry in a second. Dmitry, thanks for joining me. I always like to mention other episodes, people should check out of the podcast if you’re watching the video, there is a reason we have Gate.org up in a second. So you will go over that which is says on here the number one way to help Ukrainians donate directly to families. And we’ll go over that in a second. But some cool you know, this episode, Dmitry is about you know, changing the world essentially, you know, with what you’ve done with what your family has done. And so other episodes I feel like are on the same realm as I’d Mois Navon of Mobileeye. And he talks about mobile AI and their journey to get acquired by Intel for $15.3 billion in their fuel fueling the autonomous vehicle, you know, movement. And it was really amazing. But their sacrifice along the way, right. He talked about how his he had to go back to his family at several points and tell the kids and wife they’re pulling them out of all extracurriculars. There’s no more eating out. There’s no more niceties because there’s ups and downs of a company. You know, we talked to the co founder of Pixar Alvy Ray Smith, same thing. You know, he talks about Steve Jobs and George Lucas, but there’s a lot of ups and downs. In that story. It’s not just all sunshine and rainbows, and many, many more. We met because of Jason Gaynor. So big shout out to him. I remember the we were sitting at one of the Mastermind Talks, and you were telling me about your like my son, he’s going to be in Time Magazine, and we’re going over to Russia, and I’m like, Who is this? Like, what is that? You were telling me how old your son was at the time? How old was he when he when he was in time?

Dmitry Buterin  2:23  

I mean, he wasn’t a bunch of publications, right? I mean, he was on the cover of Time magazine, I guess recently. Yeah. Right. It’s like, but you know, in terms of being in Time Magazine. Maybe he was 21? I don’t know.

Jeremy Weisz  2:43  

Yeah. Amazing. Amazing. So I’ll formally introduce Dmitry in a second, like, what are they talking about here, but this episode is brought to you by Rise25 and it Rise25 we help businesses give to and connect to their dream 100 relationships. And we do that by helping you run your podcast, you know, for me, Dmitry, just like Jason, the number one thing in my life is relationships. I’m always looking at ways to give to my best relationships, I found no better way to do that over the past decade, than the profile of people and companies I most admire on this planet, and have them on my podcast and shout from the rooftops so everyone else knows what they’re working on as well. So if you have questions, you can go to Rise25.com you can email me personally, [email protected] If you have any questions, and today, you know, there’s so much to go into with your bio, but founder of three multimillion dollar businesses, including top ranked membership management software company, Wild Apricot, I worked with Andrew Warner at Mixergy. For many years, there’s an interview that goes back there’s 2010 of you talking about it in in Wild Apricot serves over 20,000 nonprofit organizations. He was also the Co-founder of Blockgeeks with Amir Roszak, who I know as well. And then also he’s an angel investor, and just a mentor for blockchain startups and proud father of three, one of which we just talked about Vitalik Buterin, and who is the creator of Etherium. So Dmitry, thanks for joining me. 

Dmitry Buterin  4:22  

Hey, Jeremy, awesome to be here with you.

Jeremy Weisz  4:24  

Let’s start with we’ll start with this nonprofit for a second but take me back to the Soviet Union where you grew up and what it was like

Dmitry Buterin  4:35  

you know, when you grow up, you don’t really think globally if you will, all right. It’s your world is really about your family, about your friends about your school. And as you grow, then you can get there more nuanced picture of the world, right like I’m one of the things for the Soviet Union. A few things I want to mention is like one it was definitely very isolated. Right? It was like there’s a lot of propaganda like from, I don’t know, six years onwards, it was all about, we are building communism, and we’re good, the rest of the world is bad. And, you know, Lenin is a hero and all this bullshit, right? So there’s a lot of propaganda and a lot of just, we’re good versus the rest of the world is bad. And it’s really fascinating to watch Russia, rapidly deteriorating back into the medieval times and all this bullshit right now. Like, it’s, it’s certainly hard for me to, to believe that this is happening, but it is, yeah. Also, for me, like growing up and the Soviet Union and seeing their attempt at doing everything in such a centralized manner for such a huge, huge country, right, like, and seeing the total failure of that, like, their, their commerce, their economy, their health care, everything was really messed up, like, you know, so all the buildings, like just the whole economy, it’s like, trying to think in a centralized fashion doesn’t work. I mean, that definitely got me firmly convinced in that. Yeah, but outside of that end of the day, it’s really

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