BREAKDOWN: Balaji Srinivasan on Communist Capital vs. Woke Capital vs. Crypto Capital
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 18 December 2020
⏱️ 75 minutes
🧾️ Download transcript
Summary
One of the internet’s most fluid thinkers joins to give a brief history of the future.
This episode is sponsored by Crypto.com and Nexo.io.
Balaji Srinivasan is an angel investor and entrepreneur, the former CTO of Coinbase, a former General Partner at Andressen Horowitz and more.
In this wide-ranging conversation with NLW, he discusses:
- How networks are taking a power role once reserved for god and the state
- Why pre-internet institutions will not survive the internet
- Why bitcoin at $1 million is a global government
- Woke capital vs. communist capital vs. crypto capital
Find our guest online: @balajis
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Transcript
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| 0:00.0 | Bitcoin at 10,000 is an industry. Bitcoin at 100,000 is a world power, and Bitcoin at a million |
| 0:06.7 | is a global government. It's just not the one that anybody expected. It's funny to put it that way. |
| 0:11.9 | A lot of people thought about a global government in different ways. And essentially, |
| 0:15.9 | there's been two factions, those people who are pro freedom and don't want a global government, |
| 0:19.6 | and those people who are, let's say, pro order or pro state who do want a global government. But Bitcoin |
| 0:26.6 | at a million is like a pro freedom global government, which seems like a paradoxical thing that |
| 0:30.4 | neither group really understands. |
| 0:33.5 | Welcome back to The Breakdown with me, NLW. |
| 0:42.6 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:49.4 | The breakdown is sponsored by crypto.com and nexo.io and produced and distributed by CoinDess. |
| 0:58.7 | What's going on, guys? It is Friday, December 18th, and today I'm thrilled to welcome Bologi Shrinivasan to the show. |
| 1:09.3 | At this point, I'm nearly positive you know Bologi. He is an angel investor and entrepreneur, the former CTO of Coinbase after they acquired his company Earn.com. |
| 1:12.8 | He was a co-founder of counsel and teleport and was also a GP at Andresen Horowitz. But if you've been paying attention at all this year, you probably know |
| 1:19.0 | Bologi as one of the first people to sound the Clarion call on COVID-19. Because of that, because he was |
| 1:26.0 | so early, he ended up in a lot of fights with the media establishment |
| 1:30.1 | who were for a very long time parroting whatever the popular line was rather than actually |
| 1:35.3 | figuring out what was going on. Along the way, Bologi has shared about a billion ideas, |
| 1:41.2 | and I have to say that following him is like getting a preview of the future. So |
| 1:45.6 | I really hope you enjoy this conversation. It is, as you might expect, extremely wide-ranging, |
| 1:52.7 | perfect for a Friday heading into the holidays. So without any further ado, let's dive in. |
| 1:58.3 | All right, biology, welcome to the breakdown. |
| 2:01.4 | It's really exciting to have you here. |
... |
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