The very big picture here is in 2017, a lot of people believed we lived at the end of history,

that there was no more geopolitical movement of significance to happen,

and that United Nations could write mean letters to dissuade people from expansionist actions.

The cynics were right.

The cynics who said, no, war is still a thing of the present.

You can't start working on bombs after the war has started and expect to have any deterrent impact. You're just going to be part of fighting present. You can't start working on bombs after the war has started and expect to have any

deterrent impact. You're just going to be part of fighting wars instead of preventing them.

All of this stuff that's been talked about my whole life is like suddenly happening. AI is

clearly happening. We believe crypto will happen. Do you think we're entering into this maybe

unprecedented 20, 30 year period of exploration? Absolutely. I'll give you my thesis for optimism. Welcome to the A16 Z Crypto podcast. Today's episode marks our

hundredth show, and we're celebrating with a conversation between A16Z crypto founder

Chris Dixon and Palmer Lucky, the founder of Anderl and Oculus VR.

They talk about what it takes to build hardware at scale, why Palmer is optimistic about the future,

and why many of the biggest constraints we face today aren't technological at all.

They also cover defense, AI, crypto and stable coins, geopolitics, including the U.S. versus China, and much, much more.

It's honestly one of my favorite conversations we've ever run.

Perfect for episode 100.

Enjoy.

Thanks for being here.

I just watched your Joe Rogan interview, which everyone should watch.

There's talking parrots, UFOs, China.

UFOs again.

...