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The a16z Show

a16z Podcast: Building Crypto, from Vision to Reality

The a16z Show

a16z

Culture, Business, Science, Disruption, Technology, Software Eating The World, Entrepreneurship, Innovation

4.21.2K Ratings

🗓️ 18 December 2018

⏱️ 33 minutes

🧾️ Download transcript

Summary

with Brian Armstrong (@brian_armstrong), Chris Dixon (@cdixon), and Sonal Chokshi (@smc90) Where are we, really, right now -- in terms of what we can/ can't do with crypto today? And what will it take to get from vision to mainstream reality? This e...

Transcript

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0:00.0

Hi, everyone. Welcome to the A6NZ podcast. I'm Sonal. Today's episode is based on a conversation that I had with A6NC Crypto General Partner Chris Dixon and Brian Armstrong, CEO and co-founder of Coinbase at our annual Innovation Summit. It followed a series of presentations which you don't need to have watched to follow this discussion, but you can find on our YouTube channel if interested that covered everything from early adoption and myths to history and principles to key terms and use cases in crypto. But this

0:25.7

discussion begins with the question of where are we right now and what will it take to realize

0:30.6

the bigger vision for crypto? We also cover everything from company building in an intense environment

0:35.2

to the history and evolution of open source,

0:40.6

to interesting new applications made possible by crypto, and much more.

0:45.8

Before we begin, please note that A6 and Z Crypto is an independent fund managed by C&K Capital Management, a registered investment advisor with the SEC. The content here is for information

0:50.3

only and should not be taken as legal business tax or investment advice.

0:54.8

It does not constitute an offer or solicitation to purchase any investment or a recommendation

0:59.1

to buy or sell a security.

1:00.9

In fact, the content is not directed to any investor or potential investor and may not be used

1:05.0

to evaluate or make any investment.

1:07.1

CNK is not seeking investors.

1:09.1

For more details, please also see A6Ccrypto.com slash disclosures.

1:16.9

Thank you, guys.

1:20.7

So I think the burning question

1:22.1

that we are all left with here

1:23.7

is what can we do with crypto right now

1:26.1

from your vantage point, Like today, can people

1:28.3

walk out and do something with this? So it's important to note that I think still 90% of what

1:33.9

people are doing with crypto is investment or speculation. And that's great as an initial way

1:38.3

to get people's interest into crypto. But it's more interesting to think about, you know,

1:42.2

the utility phase, which is this 10%.

...

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