Welcome to Bankless, where we explore the frontier of Internet money and Internet finance.

This is how to get started, how to get better, how to front run the opportunity.

This is Ryan Sean Adams. I'm here with David Hoffman and we're here to help you become more

bankless. Guys, notable venture capitalist Chris Dixon Dixon, on the podcast today.

He wrote down his mental model for understanding crypto in a new book called Read Right Own.

It'll be out today or tomorrow. It's absolutely fantastic overview to understand crypto.

There's really two lenses to explain crypto to people.

I think there's first the money lens.

We've covered that in episodes that we've done with Lynn Alden and others and there's also the

lens of the internet and this is the episode you're about to listen to with Chris because both

models are correct and I think Chris uses the lens of the internet to explain

crypto in a way that is unique and incredibly helpful as this third technology

generation of the internet. A few takeaways for you. Number one we go through the three eras of the internet

number two we talk about why blockchains are like computers

in fact they are computers

number three how crypto will revolutionize this whole internet thing. Number four, why

tokens are valuable, and number five, why crypto is now on the cusp of its iPhone moment.

We had this episode with Chris Dixon recorded on a old

Bankless podcast episode in 2021 where he came on and gave us the

read-write-owned thesis and I think it was one of the most effective podcasts we ever recorded to pill people and get them into

crypto and understand the power of crypto back in the top of the the frothiness of the

2021 bull market and content like this I think is really valuable to have

...