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, they would be a massive game-changer that’ll 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?
== My notes and insights from the podcast == https://invertedpassion.com/crypto-is-the-future-of-our-society/