BREAKDOWN: Why Time Is the Ultimate Scarce Asset

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 22 August 2021

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

A reading of two recent threads from crypto VCs on creator coins, NFTs and more. This episode is sponsored by NYDIG. This week, “Long Reads Sunday” returns to its Twitter roots with a reading of two threads from crypto VCs. The first comes from Andreessen Horowitz’ Chris Dixon and the second from Kyle Samani of Multicoin. Together, they paint a picture of the emerging landscape of experiments around non-fungible tokens, creator coins, the metaverse and discuss the idea of time scarcity as a key determinant of value. - NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW. - “The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Tidal Wave” by BRASKO. Image credit: PM Images/DigitalVision/Getty Images, modified by CoinDesk. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:40.8	Start your free 30-day trial at audible.com slash Wondery UK.
0:45.6	That's audible.com slash Wondery UK.
0:53.8	Welcome back to The Breakdown with me, NLW.
0:58.8	It's a daily podcast on macro, Bitcoin, and the big-picture power shifts remaking our world.
1:05.9	The breakdown is sponsored by Nidig and produced and distributed by CoinDesk.
1:12.3	What's going on, guys? It is Sunday, August 22nd, and that means it's time for Long
1:17.7	Reed Sunday. And today I'm going to do something that's a little bit of a throwback.
1:22.3	So for those of you who don't know, the idea of Long Read Sunday came from something that I used to do on Twitter.
1:29.5	Around early May 2018, I started curating a weekly tweet thread that was effectively a
1:36.1	newsletter but in Twitter thread form. And a lot of what I was trying to do was tell the story
1:41.0	of what people were talking about on Twitter in a narrative arc using their
1:45.3	tweets, their threads, which were new at that time on Twitter, as a part of it. It was super fun.
1:51.0	It's how I got to know a lot of people in crypto. It led to lots of different opportunities.
	...

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