Who you are defines how you build. This is the entrepreneurial thought leader series.

Brought to you by Stanford E. Corner. On this episode, we have Bologi Shrinivasa, CTO of Coinbase,

a platform for buying, selling, and storing cryptocurrency.

Previously, Bologi was the CEO of Earn.com, a general partner at Andresen Horowitz, and the co-founder

and CTO of Council, the genetic screening company. Here's Bologi.

Why do we think blockchain? the genetic screening company. Here's Bologi.

Why do we think blockchain is, you know, the most important technology this decade?

You know, Tom gave my bio, I won't, you know, belaborate, but basically, currently CTO of Coinbase, prior to that, sold a company to Coinbase Earn.

Prior to that, general partner at Anderson Harwitz, you may be familiar with the firm.

I also sold a company for about $375 million.

It's a genomics company literally came out of BioX just down the street over there,

with my brother and a bunch of our friends.

And basically just, you know, a Stanford guy through and through so you know I kind of know your

pain so that's me but enough about me let's talk about Bitcoin and blockchain

so I like this particular image because I think it motivates you know this is

a screen cap of wire shark, and you can see

the Bitcoin protocol literally as a protocol on screen. And what's amazing about this is you can see

that payments have been turned into packets, right? This is, you know, a transmission, you know,

this is a Bitcoin block.

You can see the bytes over here. And what's remarkable about this is what's absent, right?

There's no HSBC, there's no Wells Fargo, right? There's no countries. There's no, you know, licenses or anything like that, right?

What we have done is literally digitize the transmission of value. And if you think about how big a deal it was to digitize books and music and movies and newspapers and so on and so forth,

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