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“The monopoly of reality is upstream of the monopoly of violence.”
— Balaji Srinivasan
Balaji S. Srinivasan (@balajis) is an angel investor and entrepreneur. Previously the CTO of Coinbase and common associate at Andreessen Horowitz, he was additionally the co-founder of Earn.com (acquired by Coinbase), Counsyl (acquired by Myriad), Teleport (acquired by Topia), and Coin Middle.
He was named to the MIT Expertise Evaluate’s “Innovators Beneath 35,” gained a Wall Road Journal Innovation Award, and holds a BS/MS/PhD in Electrical Engineering and an MS in Chemical Engineering, all from Stanford College. Balaji additionally teaches the occasional class at Stanford, together with a web-based MOOC in 2013, which reached 250,000+ college students worldwide.
To be taught extra about Balaji’s most up-to-date venture, join at 1729.com, a e-newsletter that pays you. They’re giving out BTC every day for finishing duties and tutorials. Subscribers additionally obtain chapters from Balaji’s free guide, The Community State.
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Hearken to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or in your favourite podcast platform. You possibly can watch the interview on YouTube right here.
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#547: Balaji Srinivasan on Bitcoin, The Nice Awokening, Wolf Warrior Diplomacy, Open-Supply Ecology, Reputational Civil Battle, Creating New Cities, and Choices for Turning into a Sane however Sovereign Particular person
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What was your favourite quote or lesson from this episode? Please let me know within the feedback.
SCROLL BELOW FOR LINKS AND SHOW NOTES…
If this powerhouse episode leaves you thirsting for extra, ensure that to take a look at my first dialog with Balaji, by which we mentioned the importance of 1729 as a “not boring” quantity, decentralizing the state of media, reaching monetary independence, why “Balaji was proper” may be essentially the most terrifying phrase within the English language, a digital native answer to training that qualifies college students to work as they go, the facility of micro incentives, shifting institution dynamics, life-extension and transhumanism, woke capital vs. communist capital vs. crypto capital, what a convince-oriented “crypto” authorities versus a coercion-focused fiat authorities would possibly seem like, the results governments attempting to ban crypto face, and far (a lot!) extra!
#506: Balaji Srinivasan on The Way forward for Bitcoin and Ethereum, How one can Turn out to be Noncancelable, the Path to Private Freedom and Wealth in a New World, the Altering Panorama of Warfare, and Extra
SELECTED LINKS FROM THE EPISODE
- Join with Balaji Srinivasan:
- Study Expertise & Earn Crypto | 1729.com
- Balaji Srinivasan on the Way forward for Bitcoin and Ethereum, How one can Turn out to be Noncancelable, the Path to Private Freedom and Wealth in a New World, the Altering Panorama of Warfare, and Extra | The Tim Ferriss Present #506
- Dr. Vivek Murthy — Former Surgeon Normal on Combating COVID-19, Loneliness, and Extra | The Tim Ferriss Present #417
- Epidemics That Didn’t Occur | Stop Epidemics
- The President’s Biodefense Technique (2018) | Homeland Safety
- Potemkin Village | Wikipedia
- Biden Defends Afghan Pullout and Declares an Finish to Nation-Constructing | The New York Instances
- Asia’s Future Is Now | McKinsey
- What Is Buying Energy Parity (PPP)? | Investopedia
- China’s Prime Regulators Ban Crypto Buying and selling and Mining, Sending Bitcoin Tumbling | Reuters
- Complete Hash Fee (TH/s) | Blockchain
- The Triumph and Terror of Wang Huning | Palladium
- Fall of The Soviet Union Defined In 5 Minutes | The Life Information
- The Nice Awokening | Vox
- The Night time the US Bombed a Chinese language Embassy | BBC Information
- Wolf Warrior Diplomacy | Wikipedia
- Wolf Warrior 2 | Prime Video
- First Blood | Prime Video
- Rocky | Prime Video
- The Battle at Lake Changjin | Wikipedia
- On Determined Floor: The Marines at The Reservoir, the Korean Battle’s Biggest Battle by Hampton Sides | Amazon
- No Time to Die (2021) | IMDb
- Microsoft to Pay $240 Million for Stake in Fb | The New York Instances
- Sport of Thrones | HBO
- Legalism | World Historical past Encyclopedia
- The Stratagems of Qin I | Stratagems of the Warring States
- China Can Say No | Wikipedia
- The Japan That Can Say No: Why Japan Will Be First Amongst Equals by Shintaro Ishihara | Amazon
- “Hold the Soviet Union Out, the People In, and the Germans Down.” -Lord Hastings Lionel Ismay | NATO
- Information to Social Media in China | Chinese language Language Institute
- US and China Enter Harmful Territory Over Taiwan | The New York Instances
- Opinion: Assume We Have Army Primacy over China? Assume Once more. | The Washington Put up
- The Kill Chain: Defending America within the Way forward for Excessive-Tech Warfare by Christian Brose | Amazon
- 2034: A Novel of the Subsequent World Battle by Elliot Ackerman and Admiral James Stavridis | Amazon
- Discover on Additional Stopping and Resolving the Dangers of Digital Foreign money Buying and selling and Hypothesis | The Folks’s Financial institution of China
- Senator Ted Cruz Advocates Bitcoin Mining with ‘Plentiful’ Fuel Flare Power | Yahoo! Finance
- Indian Authorities to Take ‘Progressive’ Steps on Crypto, Sources Say After PM Modi’s Assembly | CoinDesk
- Dave Chappelle Isn’t Canceled. He Simply Likes to Discuss About It. | The New York Instances
- Mad Max | Prime Video
- Is Shoplifting Forcing Walgreens to Reduce Again in SF? Knowledge on the Closing Shops Places the Declare into Perspective | San Francisco Chronicle
- Watergate | FBI
- The My Lai Bloodbath | The New Yorker
- The Darkish Facet of Camelot by Seymour M. Hersh | Amazon
- Russell Conjugation: What Scientific Time period or Idea Must Be Extra Extensively Identified? | Edge.org
- Krugman: “Fiat Cash…Is Backed by Males with Weapons” | Free Recommendation
- The Russian Revolution: A New Historical past by Sean McMeekin | Amazon
- Investigative Journalism | Wikipedia
- Opinion: How Punch Protected The Instances | The New York Instances
- Government Order 6102 | Wikipedia
- Trade-Traded Fund (ETF) | Investopedia
- Bitcoin: Trade Stability | Glassnode Studio
- DeFi (Decentralized Finance) | Investopedia
- 10 Most Harmful Instructions You Ought to By no means Execute on Linux | TecMint
- Principal-Agent Downside Definition | Investopedia
- Cartesian Airplane | Platonic Realms
- Might There Be a Resolution to the Trolley Downside? | Philosophy Now
- Manufacturing facility Physics by Wallace J. Hopp and Mark L. Spearman | Amazon
- The Aim: A Technique of Ongoing Enchancment by Eliyahu M. Goldratt | Amazon
- Who Moved My Cheese by Spencer Johnson and Kenneth Blanchard | Amazon
- 96-Properly Plate Dimensions | BRANDplates
- 23andMe Sends Incorrect DNA Take a look at Outcomes To 96 Prospects | TechCrunch
- Inside The Bloody Historical past Of The White Sea-Baltic Canal | ATI
- The Historical past of the Gulag | Gulag On-line
- All of the Methods Folks Escaped Throughout the Berlin Wall | Historical past
- The Nice Resignation Is Accelerating | The Atlantic
- Nexus Mutual
- Good Contracts | Investopedia
- The Perks of Anonymity: A Should-Learn for Rising & NFT Artists | Medium
- Portland Protests See Clashes between Far-Proper, Far-Left Teams | Reuters
- Deceptive Stories of Lawlessness after Katrina Worsened Disaster, Officers Say | The Guardian
- Goldilocks Precept | Wikipedia
- Open Supply Ecology
- The Data: How one can Rebuild Civilization within the Aftermath of a Cataclysm by Lewis Dartnell | Amazon
- How one can Invent Every little thing: A Survival Information for the Stranded Time Traveler by Ryan North | Amazon
- Fall of Civilizations Podcast
- Gobekli Tepe: The World’s First Temple? | Smithsonian Journal
- Prime Six Theories about Atlantis | Historical past
- Asteroid Mud Present in Crater Closes Case of Dinosaur Extinction | UT Information
- 10 Historical American Civilizations | ThoughtCo.
- Historical past of Stonehenge | English Heritage
- Why Did the Roman Empire Fall? | The Nice Programs Every day
- Christianisation of the Germanic Peoples | Wikipedia
- Anarcho-Primitivism | Wikipedia
- No Loss of life and an Enhanced Life: Is the Future Transhuman? | The Guardian
- Harvard and the Making of the Unabomber | The Atlantic
- Catching Hearth: How Cooking Made Us Human by Richard Wrangham | Amazon
- Horton Hears a Who by Dr. Seuss | Amazon
- Instruments of Titans: The Ways, Routines, and Habits of Billionaires, Icons, and World-Class Performers by Tim Ferriss | Amazon
- The Bare Ape: A Zoologist’s Examine of the Human Animal by Desmond Morris | Amazon
- Autarky | Wikipedia
- How one can Achieve Enterprise by Bundling – and Unbundling | HBR
- Ten Minute Historical past: The Thirty Years’ Battle | Historical past Issues
- TSA PreCheck | Transportation Safety Administration
- Prophets of Doom | Hardcore Historical past 48
- Reformation and Counter-Reformation | Britannica
- The Bitcoin Reformation | Tuur Demeester
- 95 Theses | Martin Luther
- Peace of Westphalia | Wikipedia
- The Finish of Historical past and the Final Man by Francis Fukuyama | Amazon
- How a Decentralized Trade Works | Gemini
- Eric X. LI: A Story of Two Political Techniques | TED World 2013
- Chinese language Actress Disappears from Social Media as China Cracks Down on Influencers | NPR
- Coronavirus Contagion Fears in Silicon Valley | Vox
- Unhealthy Math at MSNBC: Bloomberg’s Advert Spending Wasn’t Sufficient to Give Each American $1 Million | PolitiFact
- Why Fb Will By no means Make a Important Revenue | Quartz
- Amazon.bomb | Barron’s
- Google’s Hardest Search Is for a Enterprise Mannequin | The New York Instances
- Opinion: Regulators In all places Ought to Observe Wyoming’s DAO Legislation | CoinDesk
- Miami to Give ‘Bitcoin Yield’ From MiamiCoin to Its Residents | CoinDesk
- Will the Texas Electrical Grid Be In a position to Deal with State’s Bitcoin Mining Rush? | CBS Dallas/Fort Value
- How El Salvador Is Testing Bitcoin’s Promise of Monetary Liberty | The New York Instances
- College Board Members Face Rising Threats Throughout the US | The New York Instances
- If Texas Leaders Need to Defend Life, The place Are Masks, Vaccines, Sources for Children? | USA At this time
- Explainer: Germany’s Nord Stream 2 Gatekeeper: The Lengthy Street till Fuel Flows | Reuters
- Florida Bankers Affiliation CEO Warns Monitoring People’ Financial institution Accounts Might Be Pricey | The Capitolist
- Obama’s Battle on Tax Cheats Good points Floor | The Hill
- Bush Says US Should Unfold Democracy | Baltimore Solar
- Map: Sanctuary Cities, Counties, and States | Middle for Immigration Research
- States/Territories with Legalized Marijuana | NORML
- After Afghanistan, the Pax Americana Is Over – As Is NATO. About Time Too | The Guardian
- Tenth Modification: US Structure | Authorized Data Institute
- Free Ecards & Greeting Playing cards | Blue Mountain
- Techstars
- Nomad Checklist
- De Gustibus Non Est Disputandum | Wikipedia
- Optima | Collins English Dictionary
- Hill Climbing | Wikipedia
- Let’s Name It Failure: The Shit We’re in by John Lanchester | London Evaluate of Books
- Authorities-Family Analogy | Wikipedia
- Swiss Cantons: A Information to Switzerland’s Areas | Expatica
- Software program-as-a-Service (SaaS) | Investopedia
- Singpass
- X-Street | e-Estonia
- Chesterton’s Fence | LessWrongWiki
- Kosher vs. Halal: What’s the Distinction? | Greatist
- The Future Of Bioelectricity | NASJAQ
- Order E-book | Investopedia
- What’s OpenSea and How Is It Used? | Moralis Academy
- The DeFi Matrix | Balaji Srinivasan, Twitter
- What Is a Digital Pockets? | Investopedia
- Central Financial institution Digital Foreign money (CBDC) | Investopedia
- What Is an Automated Market Maker? | CoinDesk
- Google Information
- A Information to NFT Twitter Terminology | ONE37pm
- Miami Mayor Makes Pitch To San Francisco Tech Staff | KPIX
- Marquess of Queensberry Guidelines | Wikipedia
- Actual Property Funding Belief (REIT) | Investopedia
- Gordian Knot | Wikipedia
- NIMBYs vs. YIMBYs | Millionacres
- No person Goes There Anymore, It’s Too Crowded | Quote Investigator
- Georgism | Wikipedia
- Wash Buying and selling | Investopedia
- HODL | Investopedia
- Backronym | Wikipedia
- USA PATRIOT Act | FinCEN.gov
- Information to the CARES Act | US Committee on Small Enterprise & Entrepreneurship
- 28 Years Later: Dramatic Video from the Loma Prieta Earthquake | KCRA
- Cal OES
- What Does ‘Defund the Police’ Imply and Does It Have Benefit? | Brookings
- The NYPD’s Robotic Canine Was a Actually Unhealthy Concept: Right here’s What Went Incorrect | Scientific American
- Gangster’s Paradise: How Organised Crime Took over Russia | The Guardian
- The Correlation of World Forces: The Soviet Idea | JSTOR
- Opinion: Kill the BitLicense | CoinDesk
- Layer 1 vs. Layer 2 : What You Have to Know About Completely different Blockchain Layer Options | Medium
- “Authorities Is The Solely Factor We All Belong To” | BuzzFeed Information
- Fiatcoins vs. Flatcoins | Balaji Srinivasan, Twitter
- Plunge Safety Group | Wikipedia
- How Fantasy Triumphed Over Actuality in American Politics by Bruno Maçães | New York Journal
- “I Assume Paul Graham’s Ideas and Mine Each Held Up.” | Balaji Srinivasan, Twitter
- Tensegrity Constructions: What They Are and What They Can Be | ArchDaily
- San Francisco Has a Main Picture Downside | SFGATE
- Why Wars Begin by Josh McConkey | Panalysis
- Magnetic Hysteresis | Wikipedia
- The Begin Of Startup Cities | 1729
- Balaji Srinivasan: Silicon Valley’s Final Exit | Genius
- Software program Is Reorganizing the World | Wired
- The Physics of the Fosbury Flop | Stanford College
- Russian Civil Battle | 3 Minute Historical past
- Second American Civil Battle – Wikipedia
- The Nice Lesson of California in America’s New Civil Battle by Peter Leyden | Medium
- The Rising Democratic Majority by John B. Judis and Ruy Teixeira | Amazon
- Examine: Breitbart-Led Proper-Wing Media Ecosystem Altered Broader Media Agenda | Columbia Journalism Evaluate
- Zcash
- Spanish Inquisition | Wikipedia
- BitDNS and Generalizing Bitcoin | Bitcoin Discussion board
- Bitcoin: A Peer-to-Peer Digital Money System by Satoshi Nakamoto | Bitcoin
- The Principia: The Authoritative Translation and Information: Mathematical Ideas of Pure Philosophy by Sir Isaac Newton | Amazon
- Genesis Block | Bitcoin Wiki
- Newton’s Legal guidelines of Movement | Wikipedia
- The Koran | Amazon
- The Communist Manifesto by Karl Marx and Friedrich Engels | Amazon
- Declaration of Independence | Nationwide Archives
- Bitcoin Maximalism | Investopedia
- Full Dune Collection by Frank Herbert | Amazon
- Bene Gesserit | Dune Wiki
- English Translation of ? | Han Coach
- Sq. Considers Creation of Open Supply Bitcoin Mining System | ZDnet
- How a Quantum Laptop Might Break 2048-Bit RSA Encryption in Eight Hours | MIT Expertise Evaluate
- The Cantillon Impact: Due to Inflation, We’re Financing the Financiers | Basis for Financial Training
- Area Jam | Prime Video
- How Robust Is the Gravity on Mars? | Cool Cosmos
- When Cash Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany by Adam Fergusson | Amazon
- At the moment Studying When Cash Dies… | Joe Colangelo, Twitter
- If Einstein Had the Web: An Interview with Balaji Srinivasan | Time Properly Spent
- Cross of Gold Speech | Wikipedia
- Babylon Berlin | Netflix
- Voluptuous Panic: The Erotic World of Weimar Berlin by Mel Gordon | Amazon
- Discovering a Manner Out of the Nice Despair? Roosevelt’s Mind Belief | Historical past Is Now
- Nationwide Industrial Restoration Act of 1933 | Wikipedia
- Possibly It’s Time for America to Break up Up | New York Journal
- “Possibly We Ought to Break Up.” | Sarah Silverman, Twitter
- Psychohistory | Wikipedia
- The Final Information to Rootstock Blockchain | Blockgeeks
- Diem Affiliation
- Novi
- Oculus
- The Inside Story of How Fb Acquired Instagram by Sarah Frier | OneZero
- Jon Stewart on “Lame” Instagram: “How in God’s Identify Is That Value a Billion {Dollars}?” | Uproxx
- Ethereum’s Co-founder Vitalik Buterin Donates over $1 Billion to India COVID Aid Fund and Different Charities | Forbes
- DeSo Launches $50M Fund for Decentralized Social Ecosystem | CoinDesk
- DeepMind
- Boston Dynamics
- Blockchain Explorer
- Etherscan
- StarkWare Industries Ltd.
- Rekt
- Have I Been Pwned
- Epic
- Monero
- Cambrian Explosion | Wikipedia
- Lord of the Flies by William Golding | Amazon
- Alignment (Dungeons & Dragons) | Wikipedia
- AUKUS
- The Unintended Penalties of the AUKUS Deal | Protection Information
- Palantir
- Anduril
- Judges Are Extra Lenient after Taking a Break, Examine Finds | The Guardian
- 5 Eyes | Wikipedia
- Opinion: Canada’s Exclusion from ‘Three Eyes’ Solely Confirms What Was Already the Case | The Globe and Mail
- Quick | Patrick Collison
- How China Builds So Quick | Tech Imaginative and prescient
- Repairs to Cease Millennium Tower from Sinking Made It Sink Extra | Insider
- China’s Hypersonic Missile Launch Is Near a ‘Sputnik Second,’ Normal Says | At this time
- The Quad within the Indo-Pacific: What to Know | Council on Overseas Relations
- Shanghai Cooperation Organisation
- Warsaw Pact | Wikipedia
- The UK-US Particular Relationship within the twenty first Century | America within the World’s Briefings
- Ghost
- Mirror
- When Software program Eats Bio | Andreessen Horowitz
- Teen Vogue’s Evolution from Excessive-Style Journal to a Neighborhood of Activism | ABC Information
- SI’s 2020 Sportsperson of the 12 months: The Activist Athlete | Sports activities Illustrated
- The Athletic
- Greatest Bollywood Movies of 2021 | Cosmopolitan
- South Asian Journalists Affiliation (SAJA)
- DJI | Wikipedia
- Black Mirror | Netflix
- Quantified Self | Wikipedia
- Naver
- Yandex
SHOW NOTES
- Why Balaji believes the mix of administrations during the last three a long time has blown the largest lead in human historical past — and what this illustrates in regards to the decline of state capability. [07:22]
- “Asia isn’t actually the longer term, it’s current.”: The forces that information Balaji’s present worldview, together with a comparability of GDP within the East vs. the West over the previous 40 years. [12:01]
- Ideas on China’s 2021 challenges to the cryptocurrency establishment. [15:24]
- The Nice Awokening, Wolf Warrior diplomacy, and the altering nature of change itself in China. [22:43]
- “Will the US lose?”: What Balaji foresees because the ripple results of China’s efforts to solidify its personal centralization in a growingly decentralized world, and the place India matches into such a world. [32:45]
- OTC in crypto context and the power concerns of cryptomining. [43:02]
- Believable issues Balaji sees occurring with crypto in India and the nation’s position over the following couple of a long time. [49:41]
- A deeper dive into the woke capital (NYT), communist capital (CCP), and crypto capital (BTC) triangle and the way they train their energy. [51:13]
- The Russell Conjugation and pondering the which means of “actual” journalism. [1:03:15]
- Future projections of a Chinese language management/American anarchy situation and what it’d seem like if the US authorities tried to grab crypto so as to “defend” the greenback. [1:06:49]
- Why DeFi (decentralized finance) is ready to supply rates of interest that make conventional finance laughable, but additionally how dangerous it may be. [1:13:07]
- How cryptocurrency solves the principal-agent drawback. [1:15:13]
- On automation and eliminating human error. [1:21:09]
- Reluctant sovereignty, the tendency of civilizations to break down, and different potholes on the street to a utopian decentralized world. [1:29:14]
- Transhumanism versus anarcho-primitivism and the unbundling and rebundling of society within the Bitcoin Reformation and past. [1:41:49]
- How Balaji sees the counter-decentralization happening otherwise in China and the US. [1:55:03]
- What Balaji foresees from the regulatory state’s inevitable collision with crypto. [2:01:26]
- If Balaji needed to dwell in america, what states could be given high consideration, and why? In his estimation, what makes some states extra “free” than others? [2:06:33]
- “Governments aren’t households.” However possibly they are often subscription or inflation fashions. [2:12:14]
- What’s the DeFi Matrix? [2:27:51]
- What’s NIMBY-YIMBY? [2:34:10]
- What the present powers that be stand to lose by overregulation. [2:46:15]
- How a flat coin would work. [2:52:47]
- Bitcoin: higher than gold? [2:55:00]
- American anarchy, political actors, tensegrity, and San Francisco as a descending world metropolis. [2:57:42]
- One vital lesson discovered from COVID: numerous us don’t have to dwell the place we work anymore — particularly if we don’t prefer it. [3:05:07]
- The issues with a 51 % democracy, how the circumstances for victory in a contemporary chilly civil conflict differ from these of 1865. [3:07:24]
- The approaching battle: centralization versus decentralization. [3:13:13]
- Has Balaji at all times stated RTed as a substitute of retweeted? [3:20:54]
- BTC or ETH? [3:21:11]
- What’s the Cantillon Impact? [3:25:26]
- How will we be sure that the longer term is ruled not by crypto-anarchy, however crypto-civilization? [3:32:49]
- The place Balaji stands on the concept of secession in a much less United States. [3:35:24]
- Large tech firms within the US on which Balaji is most bullish [3:38:11]
- On cryptography turning into the brand new onerous reality over once-trusted journalism. [3:40:52]
- On block explorers because the stealth risk to go looking. [3:47:16]
- Why Balaji believes blockchain will make all the pieces extra safe regardless of the hacks we’re seeing at this time. [3:49:28]
- Social engineering within the anarcho-tyrannical state. [3:53:57]
- Lawful evil China vs. chaotic evil United States. [3:57:50]
- On “tech bros” in politics and the unfairness of judicial discretion. [4:00:26]
- An AUKUS amongst us and present geopolitical energy shifts occurring in real-time. [4:04:19]
- Balaji’s ideas on angel investing on this a part of the twenty first century. [4:16:38]
- The present state of 1729. [4:23:59]
- Parting ideas. [4:26:34]
MORE BALAJI SRINIVASAN QUOTES FROM THE INTERVIEW
“The monopoly of reality is upstream of the monopoly of violence.”
— Balaji Srinivasan
“Cryptography is difficult reality, and company journalism has misplaced management over onerous reality.”
— Balaji Srinivasan
“Block explorers are literally the stealth risk to go looking.”
— Balaji Srinivasan
“Proper now we type of consider firms, currencies, cities, international locations, communities as being various things, however they’re all going to turn into the identical factor.”
— Balaji Srinivasan
“The 2 enterprise fashions of states sooner or later shall be subscription and inflation.”
— Balaji Srinivasan
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