Balaji Srinivasan: “Bitcoin at $1,000,000 is a Global Government”
This interview originally aired December 19th, 2020. 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 Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW
Balaji Srinivasan: Bitcoin, China, the "Woke" Mob, and the Future of the Internet | Season 1 | Episode 10
Joe Lonsdale: American Optimist
Balaji Srinivasan is a bold and forward-thinking writer, investor, and entrepreneur, who was formerly the Chief Technology Officer of Coinbase and general partner at Andreessen Horowitz. Currently, he's launching innovative ventures, such as his 1729 Project, while also advocating for cryptocurrency and the larger decentralized finance movement. In this episode, Srinivasan explains how to understand the world by looking through the lenses of three competing factions: the Chinese Communist Party, the "woke" mob, and cryptocurrency maximalists. He also discusses topics ranging from decentralized social media and startup cities to network states and what makes him optimistic on aspects of American innovation.
Greatest Hits: Naval Ravikant and Balaji Srinivasan on Crypto
Village Global's Venture Stories
This special live episode was recorded in 2018. We’re re-releasing some of the greatest hits this summer. Erik interviewed Naval Ravikant (@naval) and Balaji Srinivasan (@balajis). They start with an overview of the history of organizing societies and the role of centralized decision-makers from kings to democracies and why decentralization — where no one in particular is in charge but everybody follows the rules — has so much potential. They talk about how this could be disruptive to a wide swath of society today, including areas like money, electricity, social networks, storage, and more. They explain why decentralization will "fulfill the original promise of the internet."Erik asks how each of them got into the space after having had success in other areas. It’s pointed out that it’s very rare that something comes along that is “technologically interesting, socially revolutionary, and that can also make you very rich.” They move on to a discussion of the history of money, the three key functions that money provides (store of value, unit of account and medium of exchange) and how good a job current cryptocurrencies are doing at fulfilling those three functions. They move on to what they see in the future for crypto and how it will change society at large. They paint a picture of a world where there might be virtual “instant jobs” available on-demand in a feed akin to the feeds in current social networks and where the “99%” will be investors, as opposed to the present where only 1% of individuals are investors. There might also exist in the future “instant companies” that can be created as easily as someone can create an account on a social network today and that programmable smart contracts might spread opportunity far and wide without the need for armies of lawyers and judges.They explain what it means when they say that blockchain will create “an open financial system” and what they mean when they say it will be to the current financial system what Linux was to Windows. They also talk about what kinds of facts would change their mind about blockchain, the role of identity and anonymity in a crypto world, and the concept of a “personal burn rate.”Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.
Balaji Srinivasan: Balaji’s World (Part 2) | Network States, Building Cities, the Digital Frontier, and Wokeness
The Quest Pod with Justin Kan
You are listening to Part 2 of the episode. The full uncut conversation is available on The Quest Youtube Channel. Join the conversation there and drop a comment on what you've learned! Picking up where we left off last week, Balaji dives right into the future of Network States and crypto-voting. You’ll learn about the historical relationship between socio-economic ideologies and technological capabilities, and what this means for a crypto future. We discuss how building startups potentiates building cities in the near future, the concept of Crowdchoice, and revolutionizing voting systems with crypto technologies. The new digital frontier is waiting to be conquered, and Balaji is leading the charge.You can find Balaji on Twitter, and read his personal blog here. The incredible stories on this podcast are made possible by our sponsors, check them out to support The Quest:Universe | The best command centre for building your online business and content.Cashapp | Spend, save, invest in stocks and cryptocurrency easily 🎥 Watch the full episode in 4K: https://youtu.be/CHQi1HnCZGY🍎 iTunes: https://apple.co/3lU3fZs🎵 Spotify: https://spoti.fi/3srzJwq✍️ The Quest Pod in print: https://thequest.media🌎 Everything Quest: https://bio.thequest.media
Balaji Srinivasan: Balaji’s World (Part 1) | Crypto, China, Capitalism, and a Decentralized Creator Economy
The Quest Pod with Justin Kan
You are listening to Part 1 of the episode. The full, uncut conversation is available on The Quest YouTube Channel. Help us get to 50 comments on YouTube and we will make Part II available everywhere next week! It’s Balaji’s world, and we’re all just living in it. If you’ve been hanging out on tech Twitter long enough or listen to any other tech podcasts, then you’re probably familiar with Balaji. He is an angel investor, entrepreneur, and formerly the CTO of Coinbase and General Partner at Andreessen Horowitz. In this epic two-part episode, you’ll hear topics ranging from decentralization, crypto, media tech, social networking, China, machine learning, digital privacy and much more. Balaji has one of the most incredible minds I have ever met, and I am excited to bring you along on this journey. There is a lot to take in from our conversation, which is why we have decided to release this in two parts. Help us get to 50 comments on YouTube and we will make Part II available everywhere! You can find Balaji on Twitter, and read his personal blog here. The incredible stories on this podcast are made possible by our sponsors, check them out to support The Quest:Universe | The best command centre for building your online business and content.Cashapp | Spend, save, invest in stocks and cryptocurrency easily 🎥 Watch the full episode in 4K: https://youtu.be/CHQi1HnCZGY🍎 iTunes: https://apple.co/3lU3fZs🎵 Spotify: https://spoti.fi/3srzJwq✍️ The Quest Pod in print: https://thequest.media🌎 Everything Quest: https://bio.thequest.media
Network State with Balaji Srinivasan, former CTO of Coinbase and Founder of 1729
The Deep End
Links to resources mentioned in the episode:1729 - Founding vs. Inheriting and the Network Union, 2021Why Software Is Eating The World by Marc Andreessen, 2011Software Is Reorganizing the World by Balaji Srinivasan, 2013YCombinator Talk about Silicon Valley’s Ultimate Exit, 2013The Deep End is produced by On Deck - where top talent goes to accelerate their ideas and careers. We hope those who listen to the ideas on this show are inspired to build. To learn more about On Deck’s programs visit beondeck.com. For show notes and additional resources related to The Deep End check out ideas.beondeck.com.
#506: Balaji Srinivasan on The Future of Bitcoin and Ethereum, How to Become Noncancelable, the Path to Personal Freedom and Wealth in a New World, the Changing Landscape of Warfare, and More
The Tim Ferriss Show
The Nation State Case for Bitcoin with Balaji Srinivasan
What Bitcoin Did
“It’s basically the best investment of all time, and I have a feeling it’s not going settle down for a while. I mean, it could go to $1 million, even $10 million... $ 1million is no longer a crazy number to put out there for bitcoin.”— Balaji SrinivasanLocation: RemotelyDate: Friday 19th FebruaryCompany: balajis.comRole: Angel Investor & EntrepreneurThe corporate adoption of bitcoin has widely defined the last 12 months for bitcoin. Following Michael Saylor’s watershed move, companies such as Tesla and Square have been adding bitcoin to their treasuries.Many see the next logical step as nation-states adding bitcoin to their reserves. While some countries like Estonia and Malta have been very open to bitcoin, a large number still, at least publicly, have a less welcoming stance.The Indian government recently announced its intention to ban ‘private’ cryptocurrencies, including bitcoin, fearing adoption would threaten national security and create a capital outflow from the country. Balaji Srinivasan thinks this is the wrong move and put forward the opposite case in his recent article Why India Should Buy Bitcoin.In this interview, we discuss the benefits to a nation-state adopting bitcoin, why India are the perfect first mover and the demise of Silicon Valley.This episode’s sponsors:Kraken - The best place to buy, sell & trade BitcoinBlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware wallet-----WBD316 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
Silicon Valley’s Ultimate Exit: Arguments for and Against the Network State | Balaji Srinivasan
In Episode 181 of Hidden Forces, Demetri Kofinas speaks with Balaji Srinivasan, an angel investor, entrepreneur, and prominent futurist who’s views on crypto, the future of education, and the network state put him at the forefront of innovation and disruption in money, business, and politics. The two discuss Balaji’s thesis for the rise of the network state, what it means for existing institutions of money & power, and what life will look like for human beings in this not-too-distant future. Demetri’s thesis is that Silicon Valley culture and the ongoing disruptive dynamics associated with social networks, mobile devices, automation, and now cryptocurrencies, are not only restructuring and remaking the commercial world but increasingly encroaching upon the traditional assignments and obligations of government and the state. We see this perhaps most notably in the case of privately issued cryptocurrencies, but one can argue that this culture of disruption runs much deeper and its consequences for society are much broader than most of us realize. In this sense, what we are living to today is nothing short of a political revolution and while our systems of government are ripe for disruption, the solutions being put forward by Silicon Valley entrepreneurs, financiers, and the broader commercial sector may not adequately reflect the interests or the concerns of the vast majority of people whose lives would be most affected by these changes. This conversation is an exploration of the methods, opportunities, and consequences of such solutions and their implications for individuals and the state. You can access the first part of this conversation, as well as the transcript and rundown to this week’s episode through the Hidden Forces Patreon Page. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application. If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following: Subscribe on Apple Podcasts | Spotify | Stitcher | SoundCloud | YouTube | CastBox | RSS Feed Write us a review on Apple Podcasts Subscribe to our mailing list through the Hidden Forces Website Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at https://patreon.com/hiddenforces Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod Follow Demetri on Twitter at @Kofinas Episode Recorded on 02/23/2021
Balaji Srinivasan on Communist Capital vs. Woke Capital vs. Crypto Capital
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 The Breakdown is produced and distributed by CoinDesk.com Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW