#11 Balaji Srinivasan - Crypto is the Future of Our Society
Bold Conjectures with Paras Chopra
English - April 12, 2021 07:00 - 1 hour - 64.1 MB - ★★★★★ - 5 ratingsScience science physics consciousness reality economy psychology evolution Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Balaji is a deep thinker on crypto and its implications. Formerly the CTO of Coinbase and General Partner at Andreessen Horowitz, he’s seen how technologies evolve over time, which ones change the world and which ones fizzle out as a fad.
He believes crypto technologies such as bitcoin represent the former. To him, crypto will emerge as something that’s as important as the Internet and influence our society for decades to come.
What we talk about
0:04 – Introduction
1:28 – How did you get interested in crypto?
7:40 – Your sense-making algorithm when you come across something strange and new like crypto?
20:44 – Role of dissatisfied entrepreneurs in changing the status quo
26:40 – Decentralized vs centralized networks
29:20 – The demonstrated benefits of crypto
41:27 – Is crypto a general-purpose technology like the internet?
55:24 – Is the money being made or being transferred in the crypto ecosystem?
1:12:00 – Valuations in crypto – actual value vs speculation?
1:17:47 – Hindsight bias when analyzing crypto
1:25:24 – What are crypto states? And why do you think nation-states will evolve towards them?