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 | Brought to you by Wealthfront automated investing, Athletic Greens all-in-one nutritional supplement, and Helix Sleep premium mattresses. More on all three below.“If code scripts machines, media scripts human beings.” — Balaji SrinivasanBalaji S. Srinivasan (@balajis) is an angel investor and entrepreneur. Formerly the CTO of Coinbase and General Partner at Andreessen Horowitz, he was also the co-founder of Earn.com (acquired by Coinbase), Counsyl (acquired by Myriad), Teleport (acquired by Topia), and Coin Center.He was named to the MIT Technology Review’s “Innovators Under 35”, won a Wall Street Journal Innovation Award, and holds a BS/MS/PhD in Electrical Engineering and an MS in Chemical Engineering, all from Stanford University. Balaji also teaches the occasional class at Stanford, including an online MOOC in 2013, which reached 250,000+ students worldwide.To learn more about Balaji’s most recent project, visit 1729.com, a newsletter that pays you. They’re giving out $1,000 in BTC each day for completing tasks and tutorials. Subscribers also receive chapters from Balaji’s new (free) book, The Network State.This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim.*This episode is also brought to you by Helix Sleep! Helix was selected as the #1 best overall mattress of 2020 by GQ magazine, Wired, Apartment Therapy, and many others. With Helix, there’s a specific mattress to meet each and every body’s unique comfort needs. Just take their quiz—only two minutes to complete—that matches your body type and sleep preferences to the perfect mattress for you. They have a 10-year warranty, and you get to try it out for a hundred nights, risk free. They’ll even pick it up from you if you don’t love it. And now, to my dear listeners, Helix is offering up to 200 dollars off all mattress orders plus two free pillows at HelixSleep.com/Tim.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could only use one supplement, what would it be?” My answer is usually Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! 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Good sleep is crucial for good mood, performance and overall health. A supplement like Athletic Greens provides a comprehensive formula for nutrition, and a free vitamin D supplement and five free travel packs with your first subscription purchase.
Helix Sleep is being advertised on the podcast offering a customized mattress with up to $200 off of all mattress orders and two free pillows using a sleep quiz that takes around two minutes to complete.
The speaker shares his plan to turn a MOOC course into a global talent search, and reminisces about the early days of dot coms and technology.
The journalist-subject relationship can be imbalanced due to the journalist's control over editing and distribution. Media creators can gain a competitive edge by building up followers and distribution networks for their content or products.
This podcast discusses the problematic relationship between journalists and their subjects, using a case where a journalist misrepresented a murderer in their article, resulting in the jury sympathizing with the killer over the journalist. Additionally, the discussion touches on the idea of moving towards robot versus robot military conflict with the rise of drone warfare.
The biggest issue with journalism coverage is groupthink, where reporters draw from a limited pool of people who generally have similar backgrounds and are unable to see the perspective of others, thus driving out those who don't fit in. Developing consensus algorithms used in Bitcoin can be applied to extend people's agreement on property rights.
By cutting expenses and moving to a more affordable area, individuals can leverage the power of geoarbitrage to generate personal financial runway, increasing their options and opportunities.
The term 'The Chad' refers to a man who exemplifies a certain type of masculinity. It originates from the idea of cancel culture and using a microphone to get people's opinion on sensitive topics.
Social and currency networks will compete for ideological and economic dominance globally, spreading virally and competing like the Cold War. Pseudonyms and search-resistant identities are the alternative to real names and a single global identifier.
The speaker discusses the importance of privacy in the age of the internet, mentioning how some YouTubers have been able to maintain anonymity, and highlighting the benefits of using cryptocurrencies such as Zcash for truly private transactions.
In this podcast, the speaker predicts that by 2025 or 2030, filters will be available on Zoom that can not only change your background but also your audio and video to make you sound and look like a different person.
Coinbase has introduced Coinbase Earn, where asset issuers pay users to do tutorials on their digital assets. Meanwhile, task-based learning can help individuals level up and increase their earning potential in the increasingly competitive job market.
The education industry is moving towards online alternatives such as Coursera, where one can earn crypto credentials through an experience similar to that of physical college. The difference between having completed zero versus five problems is great in the eyes of employers.
This podcast episode touches on the importance of prioritizing truth, health, and wealth in that order. The speaker also discusses the GameStop situation and the importance of not relying too heavily on regulations to win at free markets.
Smart contracts have transformed the way in which business deals are carried out without the need for intermediaries or judges. Despite legislation not being on par with this technology, partnerships are being created to bring traditional finance together with innovative technology solutions.
The Chinese government has the ability to attack Bitcoin by implementing a Great Firewall against it, which would lead to major consequences for the entire system.
The act of incorporating in the US may be seen as a major vulnerability in the future, causing a potential shift from the Satoshi algorithm to a heaviest trusted proof of work chain, with the implementation of hashes to prove non-China miners.
In this podcast, the speaker highlights the power of Twitter in recruiting billion-dollar companies to different cities. With just a handful of effective tweets, it is possible to make a big impact and attract potential companies.
The Win and Help Win philosophy advocates for collaboration and partnerships, and is the most powerful kind of philosophy. As cryptocurrency creates more wealthy and ideological individuals, a possible crypto ban could lead to a significant shift in power dynamics.
The adoption of crypto is a conundrum that requires the West to both be the issue and solution, much like the Chinese in The Three Body Problem with the aliens. A regulatory attack on crypto is inevitable and has already been attempted by Mnuchin.
The speaker predicts that Ethereum will scale and subcategories of the blockchain will specialize on chains such as derivatives and NFTs. The talk covers the technical details of proof of stake and how chains have knowledge of other chains through crypto oracles.
The increasing integration of technology in our daily lives is leading to the formation of new ways of human self-governance that are network-based and optimized for mobile social networks, rather than state-based and stationary in traditional houses.
The speaker believes that individuals such as founders have the power to shape the future through genetic modifications that can improve healthcare and physical fitness.
The impact of humans on nature is not uniform or predictable, with natural events like aging and menopause showing greater variability than man-made interventions. There is a belief among some that human impact on the world is bad and that a return to nature is necessary, but this view ignores the complex relationship between humans and the environment.
The issue of uncontrolled population growth and its impact on the environment is a topic of discussion in academia that many people are not aware of, and it could dominate our future. While there are some arguments made for controlling population growth, there are also those who resist tech and the disruption it brings.
The formal powers of Miami Mayor Francis Suarez may be weak, but his political capital is much higher now as he spearheads the city's push to become a tech hub.
The world is dividing into three different groups, which are woke capital, communist capital, and crypto capital. The control of Xi Jinping thought app is the reason that Jack Ma has disappeared.
The American work ethic needs to be focused on building things as a society instead of fighting against each other like in San Francisco. As the US faced many failures during COVID-19, China's ability to rapidly build infrastructure demonstrated the benefits of a strong communal work ethic.
The current citizenship debate implies that being Muslim American in the 2000s is similar to what people face today. It is a huge moment that shows the presence of defeatable enemies.
Founders selected based on legitimacy and competence, rather than just legitimacy, are best suited to organize large institutions such as the NYPD or US military. Crypto is at the center of this selection process, with India and Israel on the center-right.
The fantasy model of a CEO that has complete control and barks orders is just an illusion. Giving orders only has a small probability of changing the outcome, and it's important to ensure that employees still have a say in decision-making.
The concept of a shadow mayor in the form of a network union can deliver social goods that the current elected government can't provide, as it's set up for a different time in history with different circumstances, thus maximizing consent through the use of networks rather than state.
This episode delves into the potential of blockchain technology for India, which ranks third in the world in terms of internet usage but has just 10 million cryptocurrency users, and how it could provide a way out for the country from the dominance of the US and China in the tech industry.
India could jumpstart its economy and create millions of new jobs by embracing cryptocurrencies and building software for the world, according to Balaji Srinivasan. This approach could offer a globally neutral platform, enabling people around the world to transact freely and speak their minds without fear of censorship or surveillance.
This episode discusses China's technological and manufacturing advancements through the lens of their cultural heritage.
House of Cards and Netflix's first season portray a corrupt water charity organization run by the future president's wife, though this is a rarity as they typically depict evil corporations or military forces. They have also aired pieces depicting power-hungry regulators and NGOs who suppress companies that have invented a better form of nuclear power, leading to a dystopian future.
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The speaker recommends Athletic Greens as a comprehensive and nutrient-dense formula with multivitamins, multi-mineral greens, probiotics, prebiotics, digestive enzymes, and adaptogens among other benefits. They offer a special offer for free vitamin D supplement and five travel packs with your subscription on athleticgreens.com/tim.