# The Most Important Scarce Resource is Legitimacy

<https://vitalik.ca/general/2021/03/23/legitimacy.html>

- Host: [vitalik.ca](https://links.thingelstad.xyz/hosts/vitalik.ca/)
- Saved: November 30, 2022 (2022-12-01T03:25:28Z)
- Record: https://links.thingelstad.xyz/links/2d2478e3a00b/
- JSON: https://links.thingelstad.xyz/links/2d2478e3a00b.json

## What Jamie wrote

I found this essay from Buterin in a reference from [Tobi Lütke in the Knowledge Project](https://fs.blog/knowledge-project-podcast/tobi-lutke-2/). Legitimacy as an asset that is built and withdrawn from is something that I think deserves more attention. Legitimacy also comes into play with software. What makes a system legitimate? These are interesting human system questions.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT236: Weekly Thing #236 / ChatGPT, Reading, Legitimacy](https://weekly.thingelstad.com/archive/236/), Notable

## Same host

- [Soulbound](https://links.thingelstad.xyz/links/0bed041245c5/) (vitalik.ca, January 26, 2022)
- [DAOs are not corporations: where decentralization in autonomous organizations matters](https://links.thingelstad.xyz/links/679fb3f80c8d/) (vitalik.ca, September 22, 2022)
- [Having a safe CEX: proof of solvency and beyond](https://links.thingelstad.xyz/links/4bfd78e1a483/) (vitalik.ca, November 22, 2022)
- [What in the Ethereum application ecosystem excites me](https://links.thingelstad.xyz/links/cfb6efda688e/) (vitalik.ca, December 6, 2022)
- [The Three Transitions](https://links.thingelstad.xyz/links/90a362299d2e/) (vitalik.ca, June 13, 2023)

## Saved the same week

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://vitalik.ca/general/2021/03/23/legitimacy.html