E48: The role of decentralization, China/US break down & more with Bestie Guestie Balaji Srinivasan

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Technology, Entrepreneurship, Business

4.0 • 10.4K Ratings

🗓️ 25 September 2021

⏱️ 89 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Show Notes:

0:00 Bestie Guestie Balaji Srinivasan is introduced

6:01 Balaji's day in the life, Coinbase background, comparing crypto with early 2000's p2p music industry, China's lawful evil

16:09 China declares crypto transactions illegal, comparing and contrasting the US and China's future outlook

39:43 Chances of a revolution in China, predictions for the next 1-2 decades

48:37 Decentralized citizen journalism, the end of corporate journalism

58:11 Facebook's tough stretch continues: leaker might come forward with SEC, lawsuit over FTC payouts, public sentiment turning on big tech, decentralized social media

1:18:43 How decentralized media platforms would work mechanically

Follow the besties:

https://twitter.com/chamath

https://linktr.ee/calacanis

https://twitter.com/DavidSacks

https://twitter.com/friedberg

https://twitter.com/balajis

Follow the pod:

https://twitter.com/theallinpod

https://linktr.ee/allinpodcast

Intro Music Credit:

https://rb.gy/tppkzl

https://twitter.com/yung_spielburg

Intro Video Credit:

https://twitter.com/TheZachEffect

Referenced in the show:

https://www.wsj.com/articles/china-declares-bitcoin-and-other-cryptocurrency-transactions-illegal-11632479288

https://www.wsj.com/articles/xi-jinping-aims-to-rein-in-chinese-capitalism-hew-to-maos-socialist-vision-11632150725

https://www.readingthechinadream.com/

https://www.foreignaffairs.com/articles/united-states/1993-06-01/clash-civilizations

https://www.amazon.com/End-History-Last-Man/dp/0743284550

https://www.amazon.com/Kill-Chain-Defending-America-High-Tech/dp/031653353X?asin=031653353X&revisionId=&format=4&depth=1

https://www.amazon.com/Gray-Lady-Winked-Misreporting-Fabrications/dp/1736703307

https://techcrunch.com/2021/05/12/vitalik-buterin-donates-1-billion-worth-of-meme-coins-to-india-covid-relief-fund/

https://twitter.com/balajis/status/1386288771872673793?lang=en

https://twitter.com/VitalikButerin/status/1386024429629558784?s=20

https://www.amazon.com/Truth-Machine-Blockchain-Future-Everything/dp/1250114578

https://www.youtube.com/watch?v=JOWRembdPS8

https://www.washingtonpost.com/politics/2021/09/23/facebook-testify-kids-safety-lawmakers-probe-whistleblowers-revelations/

https://www.facebook.com/business/news/navigating-change-and-improving-performance-and-measurement

https://www.politico.com/news/2021/09/21/facebook-paid-billions-extra-to-the-ftc-to-spare-zuckerberg-in-data-suit-shareholders-allege-513456

https://www.sec.gov/news/press-release/2021-177

https://www.wsj.com/articles/voters-want-to-curb-the-influence-of-big-tech-companies-new-poll-shows-11632405601?st=qnnf9nvvwigp

https://medium.com/craft-ventures/masks-should-be-the-law-3f53f08709cc

https://www.politico.com/story/2017/11/01/social-media-ads-russia-wanted-americans-to-see-244423

https://balajis.com/yes-you-may-need-a-blockchain/

Transcript

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0:00.0	So we have Bology here and obviously Bology is an expert in everything, but Bology, you're used to
0:07.2	being interviewed one-on-one. I've had you on my podcast a couple of years ago. We had many great
0:13.9	discussions. You've been on a bunch of other people's, but today we'll see how you do on the squad
0:19.5	here with five people passing the ball. You've listened to the pod before. Yeah, yeah, I'll pass.
0:25.1	So 20% each or whatever, it's fine. Okay, perfect. Well, we will have all in stats. We'll do a thorough
0:32.0	breakdown. We're trying to get 20% with this moderator, this ball. Says the guy who has the largest
0:38.4	percentage. Look, you're supposed to be a non-shooting point guard, Jason. Nobody wants to see you
0:46.1	brick three pointer after three pointer. Just bring the ball down the cord and pass it. Just pass the ball.
0:52.0	Just pass it again. That's coming from the guy who has 24% of airtime, David Sacks.
1:00.8	I fit exactly what I supposed to be doing, which is one quarter. It's statistically proven.
1:09.2	You're like your winner's ride.
1:17.0	We open source into the fans and they've just got a reason for me.
1:20.2	Love you guys. I'm Queen of the King.
1:24.4	Hey, everybody. Welcome to another episode of The All in Podcast with us again this week.
1:29.7	Jamal Pauli Hapatia, the dictator in just a great sweater. And David Friedberg, you should touch
1:36.9	this. You have no idea the material that is made from. It's made from like the chin hair of like
1:43.7	a baby goat, a baby goat that's then locked by a Tibetan Sherpa who literally is forced to
1:53.7	use lotion and camphor to keep their hands soft so that they don't disturb the innate
2:00.3	properties of the thread. It's amazing. And available right now, two for one at Kmart, 1495.
2:07.2	I mean, I'm just going based on the aesthetics of the look. David Friedberg is back the Queen of
2:11.6	Kinwa recently having his office hit by a skunk. Are you okay, David? Are you going to be okay for
2:18.2	the show? Be all right. Just getting the getting used to the condition. But you're on you're on
	...

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