Balaji Srinivasan: Bitcoin and the Seek for Fact

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We expect it’s becoming that this, the fiftieth episode of “Cash Reimagined,” is being printed inside a historic week for the crypto group, when the launch of a futures-focused bitcoin exchange-traded fund helped drive the main cryptocurrency to a brand new all-time excessive simply shy of $67,000.This episode is sponsored by Quantstamp.It’s additionally becoming that at this second in time – one that’s actually wanting like a “crypto second,” outlined not solely by hovering bitcoin costs but additionally explosive curiosity in non-fungible tokens (NFT) and decentralized finance (DeFi) – the “Cash Reimagined” visitor this week is somebody who’s been concerned within the crypto journey for nearly a decade.Becoming a member of Michael Casey and Sheila Warren for this particular “OG version” is Balaji Srinivasan, a serial entrepreneur, investor and influential essayist. Srinivasan is a former CTO of Coinbase, a former basic accomplice at Andreessen Horowitz and the founding father of 21.co, earn.com and a wide range of different startups. His eclectic pursuits vary from genetics – wherein he led analysis at Stanford – to finance, to political historical past, to the way forward for journalism.Final yr, Srinivasan was acknowledged as considered one of CoinDesk’s “Most Influential,” as a lot as for his prescient warnings about COVID-19 and for mobilizing the crypto group to answer it as for his insights into the route of the blockchain expertise. Extra just lately, he has develop into a considerably controversial critic of media organizations and an advocate for brand spanking new, decentralized fashions of reality.That latter subject is the place this week’s dialog ended up. What started as a dialogue about Srinivasan’s early pursuits in bitcoin and the way it noticed it taking part in into his view of technological disruption as historical past’s fundamental driver of financial and social transformation moved into a good deeper consideration of the character of “reality” and who will get to outline it.Have a hear as Srinivasan breaks down his arguments for why the longer term lies in trusting distributed “cryptographic reality” fairly than the values of centralized information organizations.This episode was produced and edited by Michele Musso with bulletins by Adam B. Levine. Our theme music is Shepard.

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