Earn.com

Theo Jaffee and Sophia Puccini speak with Balaji Srinivasan and Steven Glinert about the shifting balance of power between nations, networks, and technology. The conversation covers China’s industrial rise, America’s manufacturing challenges, the role of alliances in a multipolar world, and whether the internet is becoming a political force independent of traditional nation states. They discuss supply chains, technological sovereignty, decentralization, and competing visions for the future global order. Along the way, Balaji outlines ideas from the Network State and Network School, while both guests debate how technology, economics, and political power may evolve over the coming decades.   Resources: Follow Balaji Srinivasan on X: https://x.com/balajis Follow Steven Glinert on X: https://x.com/stevenglinert Follow Theo Jaffee on X: https://x.com/theojaffee Follow Sophia Puccini on X:https://x.com/schisofrenia   Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Steven Glinert

Theo Jaffee speaks with Balaji Srinivasan and Taylor Lorenz about how AI is reshaping media, trust, and online communication. Building on prior public disagreements between the two, the conversation revisits core tensions around media, technology, and power in a rapidly changing information environment. They discuss the breakdown of traditional information systems, the rise of AI-generated content, and why new models for verifying identity and truth may be necessary. The conversation lays out competing visions for the future of media, from decentralized “webs of trust” and cryptographic verification to the role of journalism, privacy, and public accountability.   Resources: Follow Balaji on X: https://x.com/balajis Follow Taylor Lorenz on X: https://x.com/TaylorLorenz Follow Theo Jaffee on X: https://x.com/theojaffee Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Taylor Lorenz

Technology Journalist

The Washington PostThe New York TimesThe AtlanticUser Mag

Erik Torenberg and Theo Jaffee speak with Balaji Srinivasan, angel investor, entrepreneur, and author of The Network State, about how AI is transforming media, eroding trust, and reshaping how information is created and verified. They discuss why systems like hiring, journalism, and online communication are breaking under synthetic content, and what replaces them. The conversation also examines the role of cryptography, on-chain data, and new models of proof in rebuilding trust online.   Resources: Follow Balaji on X: https://x.com/balajis Follow Erik Torenberg on X: https://twitter.com/eriktorenberg Follow Theo Jaffee on X: https://x.com/theojaffee Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

a16z general partner Erik Torenberg speaks with Balaji Srinivasan, angel investor and entrepreneur, about why AI simultaneously reduces the cost of creation and increases the cost of verification, and what that tension means for the shape of the AI economy. They discuss why AI drives companies toward the "trusted tribe" model of the Chinese internet, why physical world tasks are easier to automate than digital ones, why shortcuts only work for experts, and why AI makes everyone a CEO rather than making CEOs obsolete.   Resources: Follow Balaji Srinivasan on X: https://twitter.com/balajis Follow Erik Torenberg on X: https://twitter.com/eriktorenberg Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

How do stablecoin-first blockchains win distribution? Does TVL actually map to value? And why speculation may become the default language of online culture. In this 3-part episode, we explore three different important stories. Segment 1: CoinFund’s Seth Ginns explains how newly launched stablecoin chain Plasma aims to compete, plus why the “stablecoin race” with Circle and Stripe is just beginning. Segment 2: Solana Foundation president Lily Liu lays out why revenue—not TVL—should be crypto’s north-star metric, whether TVL can be easily gamed, and what a better DeFi metric stack looks like. Segment 3: Figment Capital’s James Parillo makes the case for Pump.fun and “AudienceFi”: how creator coins can financialize streaming, whether token collapses are a feature, and why both perps and memecoins rhyme with gambling. Thank you to our sponsors! TOKEN2049 - Get 15% off with code UNCHAINED Binance Guests: James Parillo, General Partner at Figment Capital Lily Liu, President of Solana Foundation Seth Ginns, Managing Partner and Head of Liquid Investments at CoinFund Learn more about your ad choices. Visit megaphone.fm/adchoices

Seth Ginns

Managing Partner

CoinFund

Lily Liu

Executive

NumeraiSolana FoundationEarn.com

James Parillo

Partner

Figment Capital

There’s been a wave of M&A deals lately - Meta and Scale, Windsurf and Google - and a lot of it points to something bigger: how regulation, capital, and innovation are colliding in 2025. In this episode Erik Torenberg brings together Steven Sinofsky, former Microsoft Executive and Balaji Srinivasan, founder of the Network School, and author of the Network State to break it all down.  From acquihires to “acquifires,” from FTC crackdowns to the deeper battle between the state and the network, this is a sharp conversation on the future of tech and power.   Resources Find Balaji on X: https://x.com/balajis Find Steven on X: https://x.com/stevesi Learn more about The Network State: https://thenetworkstate.com Learn more about The Network School: https://ns.com   Stay Updated:  Let us know what you think: https://ratethispodcast.com/a16z Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://x.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

What really caused the breakdown between tech and media—and what comes next? Erik Torenberg sits down with Balaji Srinivasan (entrepreneur, investor, and author of The Network State) to explore the long-building conflict between Silicon Valley and legacy journalism. Balaji explains how the collapse of traditional media business models gave rise to political capture, clickbait, and adversarial coverage of the tech industry. They discuss why “going direct” is no longer optional, how tech became the villain in establishment narratives, and what it would take to build a new truth infrastructure - from decentralized content creation to cryptographic verification. This episode covers power, distribution, and the future of media, with a signature mix of historical insight, social analysis, and Balaji’s forward-looking frameworks. Timecodes:  0:00 Introduction  1:26 The Media vs. Tech Conflict 2:11 The Collapse of Journalism Revenue 2:39 Rise of Wokeness and Political Realignment 6:50 State vs. Network: A New Framework 9:00 The Power Structure of Media Institutions 19:25 The Role of Distribution and the Internet 29:20 The Social War: Red vs. Blue America 30:05 X Day and the Shift in Social Media Power 42:56 Strategies for Technologists: Go Direct 48:36 The Importance of Individual Creators 1:10:00 Decentralized Truth and the Ledger of Record 1:36:00 The Future of Media, Democracy, and Equality 1:37:08 Conclusion & Final Thoughts Resources Find Balaji on X: https://x.com/balajis Stay Updated:  Let us know what you think: https://ratethispodcast.com/a16z Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://x.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

a16z General Partners Erik Torenberg and Martin Casado sit down with technologist and investor Balaji Srinivasan to explore how the metaphors we use to describe AI—whether as god, swarm, tool, or oracle—reveal as much about us as they do about the technology itself. Balaji, best known for his work in crypto and network states, also brings a deep background in machine learning. Together, the trio unpacks the evolution of AI discourse, from monotheistic visions of a singular AGI to polytheistic interpretations shaped by culture and context. They debate the practical and philosophical: the current limits of AI, why prompts function like high-dimensional programs, and what it really takes to “close the loop” in AI reasoning. This is a systems-level conversation on belief, control, infrastructure, and the architectures that might govern future societies.   Timecodes: 0:00 Introduction: The Polytheistic AGI Framework 1:46 Personal Journeys in AI and Crypto 3:18 Monotheistic vs. Polytheistic AGI: Competing Paradigms 8:20 The Limits of AI: Chaos, Turbulence, and Predictability 9:29 Platonic Ideals and Real-World Systems 14:10 Decentralized AI and the End of Fast Takeoff 14:34 Surprises in AI Progress: Language, Locomotion, and Double Descent 25:45 Prompting, Verification, and the Age of the Phrase 29:44 AI, Crypto, and the Grounding Problem 34:26 Visual vs. Verbal: Where AI Excels and Struggles 37:19 The Challenge of Markets, Politics, and Adversarial Systems 40:11 Amplified Intelligence: AI as a Force Multiplier 43:37 The Polytheistic Counterargument: Convergence and Specialization 48:17 AI’s Impact on Jobs: Specialists, Generalists, and the Future of Work 57:36 Security, Drones, and Digital Borders 1:03:41 AI, Power, and the Balance of Control 1:06:33 The Coming Anti-AI Backlash 1:09:10 Global Implications: Labor, Politics, and the Future   Resources: Find Balaji on X: https://x.com/balajis Find Martin on X: https://x.com/martin_casado   Stay Updated:  Let us know what you think: https://ratethispodcast.com/a16z Find a16z on Twitter: https://twitter.com/a16z Find a16z on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.simplecast.com/ Follow our host: https://x.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Today’s show: Jason sits down with Balaji Srinivasan in Singapore to explore how he's turning years of theory into reality with Network School—the first node of a broader vision for internet-native, decentralized societies. Balaji explains how these “sharp societies” combine education, co-living, and startup culture to create physical communities aligned by values, not geography. From digital nomads to aspiring founders, people are opting into these new systems as an alternative to broken traditional governance. They discuss everything from Starbase and sovereignty to the future of democracy, Bitcoin, and America’s place in a multipolar world. Timestamps: (0:00) Introduction of Balaji Srinivasan and the impact of Bitcoin(1:39) The concept of Network School and Network State, including startup societies(4:05) Benefits and historical context of network effects in communities(7:08) Economic and social benefits of Network School(9:35) Global appeal and diverse motivations of Network School participants (10:22) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST(12:30) Media perspectives on new societies and the challenge of self-determination (19:35) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist(24:00) Personal experiences with US state migration and critique of California politics(27:11) The right to exit, thousand city system, and the two-party system (29:44) Vouched - Trust for agents that’s built for builders like you. Check it out at http://vouched.id/twist(31:09) Choosing a country like choosing a college and impressions of new cities(34:03) America's global reputation, politics, and the decline of empires(39:25) Dollar devaluation, Bitcoin's future, and global currency dynamics(41:26) Global power struggles: China versus the Internet and US demographics(44:01) Trump's tariffs, MAGA, and international trade realities(48:12) China's manufacturing dominance and US diplomatic legacy(54:39) The Internet's counterbalance to China and Bitcoin's future risks(1:00:31) Role of cryptocurrencies, quantum computing, and Bitcoin security(1:02:12) Cryptocurrency challenges and the resilience of Bitcoin(1:03:27) Network school state community and opportunities for investors(1:04:01) Closing remarks and final pitch for Network School Subscribe to the TWiST500 newsletter: https://ticker.thisweekinstartups.com Check out the TWIST500: https://www.twist500.com Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp Follow Lon: X: https://x.com/lons Follow Alex: X: https://x.com/alex LinkedIn: ⁠https://www.linkedin.com/in/alexwilhelm Follow Jason: X: https://twitter.com/Jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis Thank you to our partners: (10:22) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://www.Squarespace.com/TWIST(19:35) Vanta - Get $1000 off your SOC 2 at https://www.vanta.com/twist (29:44) Vouched - Trust for agents that’s built for builders like you. Check it out at http://vouched.id/twist(0:00) Great TWIST interviews: Will Guidara, Eoghan McCabe, Steve Huffman, Brian Chesky, Bob Moesta, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland Check out Jason’s suite of newsletters: https://substack.com/@calacanis Follow TWiST: Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups Substack: https://twistartups.substack.com Subscribe to the Founder University Podcast: https://www.youtube.com/@founderuniversity1916

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

2024 has been a transformative year for Solana. With a surge in developer activity, bold innovations in DePIN, and its ambitions to become a “decentralized Nasdaq,” the ecosystem is making waves. But are these changes enough to differentiate it from competitors like Ethereum and L2 solutions such as Base? In this episode, Lily Liu, president of the Solana Foundation, and Mert Mumtaz, CEO of Helius, join Unchained to discuss how Solana is carving out its niche. They debate whether Base is a serious contender, why they’re not concerned about the 2025 token unlocks, and how Solana’s unique approach to MEV could shape its future. Plus, they tackle the ecosystem’s broader challenges and why they believe Solana’s vision will endure. Show highlights: Why Mert feels paranoid but also vindicated  Why Lily started working on Solana after being known as a hardcore bitcoiner How Mert’s background in Coinbase led him to found Helius and become the voice of Solana online Whether Solana can become a place where unique innovations are built, rather than copying Ethereum Whether Solana can achieve its vision of a “decentralized Nasdaq” Why the ecosystem has attracted so many developers in 2024  Why Lily believes that Base is no competitor to Solana What network extensions actually mean, according to Mert How Mert responds to the criticisms around Solana’s MEV Why Mert and Lily are not worried about the token unlocks of 2025 How the Solana mobile phone will compete with the giants Why DePIN showcases the real value of blockchain technology Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Kelp DAO Robinhood & Arbitrum Polkadot Guests: Lily Liu, President of the Solana Foundation Mert Mumtaz, CEO of Helius Links Unchained:  Pudgy Penguins See NFT Floor Price Drop Almost 50% After PENGU Launch -  Pump.fun Becomes First Solana DApp to Top $100M in Monthly Revenue How Solana Beat Out Ethereum to Nab New Crypto Developers in 2024 Are Solana's 'Network Extensions' Just Like Ethereum's Layer 2s But by a Different Name? What Are DePINs in Crypto? A Beginner’s Guide Timestamps:  00:00 Intro 02:34 Mert’s mix of paranoia and vindication about Solana 07:08 Why Lily shifted from Bitcoin to working on Solana 09:43 Mert’s journey from Coinbase to becoming Solana’s online advocate 14:47 Can Solana foster unique innovations rather than mimic Ethereum? 19:47 Solana’s vision of a “decentralized Nasdaq” vs. center of memecoin mania  27:54 What’s driving Solana’s surge in developer activity 30:26 Why Lily sees Base as no real competitor 33:04 The meaning and implications of network extensions 37:07 Mert’s take on criticisms of Solana’s MEV approach 42:11 Why they aren’t worried about the 2025 token unlocks 44:26 Competing with tech giants through the Solana mobile phone 50:48 How DePIN highlights blockchain’s true potential Learn more about your ad choices. Visit megaphone.fm/adchoices

Lily Liu

Executive

NumeraiSolana FoundationEarn.com

Mert Mumtaz

CEO

Helius LabsHelius

Balaji Srinivasan, investor, former CTO at Coinbase and GP at a16z, and writer of The Network State, joins Nathan to discuss polytheistic AI and AI gods, human-AI symbiosis, how AI will be controlled, and much more. If you need an ecommerce platform, check out our sponsor Shopify: https://shopify.com/cognitive for a $1/month trial period. We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com. SPONSORS: Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of ALL eCommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries.From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/cognitive Omneky is an omnichannel creative generation platform that lets you launch hundreds of thousands of ad iterations that actually work customized across all platforms, with a click of a button. Omneky combines generative AI and real-time advertising data. Mention "Cog Rev" for 10% off. X/SOCIAL: @labenz (Nathan) @balajis (Balaji) @eriktorenberg (Erik) @CogRev_Podcast TIMESTAMPS: (00:00) - Episode Preview (00:06:07) - Evolution of AI Systems (00:09:39) - Challenges of AI Robustness (00:29:54) - Intersection of AI and Politics (00:52:14) - Regulation (00:52:44) - Slippery slope of precedent setting (00:54:00) - Role of AI in political chaos (00:54:41) - Emergence of decentralized AI (01:05:39) - AI's future as amplified intelligence (01:1300) - Polytheistic model of AI (01:32:00) - Role of AI in Habitat Degradation (01:33:32) - AI's ability to do differential diagnosis (01:34:04) - ABC of economic apocalypse: AI, Bitcoin, China (01:36:00) - Evolution of AI in chess and medicine (01:38:22) - Difference between AI existential threat and economic disruption (01:40:19) - Impact of cryptography on public infrastructure (02:07:40) - Role of tribalism in AI This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Balaji Srinivasan is back on Bankless with alarming takes. According to Balaji, in the next 90 days, the Dollar will hyperinflate—and the Bitcoin price will skyrocket to $1 Million. He’s backed up these claims with a million dollar bet. With these dire predictions and a track record of strong takes, we needed to hear him out.  Who should we bring on next to counter these claims? ------ 🚀 JOIN BANKLESS PREMIUM:  https://www.bankless.com/join  ------ BANKLESS SPONSOR TOOLS:  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  👻 PHANTOM | FRIENDLY MULTICHAIN WALLET https://bankless.cc/phantom-waitlist  🦊METAMASK LEARN | HELPFUL WEB3 RESOURCE https://bankless.cc/MetaMask  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ——— Timestamps: 0:00 Intro 7:50 Weeks when Decades Happen 9:30 $1 Million Bitcoin Bet 16:20 Balaji’s Track Record 19:00 Pandemic https://twitter.com/balajis/status/1222921758375927808  23:15 Hyperinflation https://twitter.com/balajis/status/1636797265317867520  27:50 US Banking Failure https://twitter.com/balajis/status/1636822077775941633  32:50 The Banks are Insolvent https://pbs.twimg.com/media/FrXKYKcakAAdJwe?format=jpg&name=medium https://twitter.com/balajis/status/1637671174271565825  35:38 More Failure, More Funding https://archive.is/0Jww3#selection-731.0-731.286  40:30 FDIC and the Fed https://www.telegraph.co.uk/news/worldnews/europe/eu/10874230/Jean-Claude-Juncker-profile-When-it-becomes-serious-you-have-to-lie.html  https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm  44:18 Bank Runs https://qz.com/the-feds-discount-window-is-lending-to-banks-at-2008-le-1850237214  https://twitter.com/balajis/status/1637859435149398016  https://www.straitstimes.com/business/banking/wall-street-giants-move-to-rescue-first-republic-bank  https://www.federalreserve.gov/newsevents/pressreleases/other20230315a.htm  52:25 Escaping to Gold https://twitter.com/spectatorindex/status/1637544100663803904  57:50 Exporting Inflation https://www.theguardian.com/lifeandstyle/2011/jul/17/bread-food-arab-spring  https://www.wsj.com/graphics/red-economy-blue-economy/  https://howmuch.net/articles/rise-and-fall-dollar  1:04:30 Bitcoin in Wartime https://pbs.twimg.com/media/FrrfQuaaUAEFYev?format=jpg&name=medium  1:10:45 Capital Allocation https://twitter.com/balajis/status/1488988253411708931  1:13:30 The Only Real Banks https://twitter.com/koeppelmann/status/1637898298005626881  1:20:49 Why Now? https://twitter.com/balajis/status/1637329482687324161  https://twitter.com/balajis/status/1637868839890472960  https://twitter.com/0xfoobar/status/1637855829750628353  https://www.google.com/search? q=sivb&oq=sivb&aqs=chrome..69i57j0i10i131i433i512l2j0i10i512l2j69i64l3.1066j0j7&sourceid=chrome&ie=UTF-8  https://www.google.com/search?q=usd+btc&oq=usd+btc&aqs=chrome..69i57j0i512l4j69i64l3.1207j1j7&sourceid=chrome&ie=UTF-8  1:28:15 Do This Now https://twitter.com/MaxCRoser/status/1355652800588505089  1:34:52 A Year From Now  https://www.youtube.com/watch?v=PHe0bXAIuk0  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

In this episode, we’ll explore the concept of The Network State with Balaji Srinivasan. As the world becomes more digital, it also becomes more distributed. This is obvious on the individual level – how you order goods, the way you chat with friends, and the news you consume… all from a handheld computer. It’s also becoming more obvious at the company level. The pandemic shook the world into remote work and many companies have decided that maybe work can be done in ways they never imagined. But what about the state – whatever that means? Could the network rival the state?  In this episode we’ll explore what a nation state even is and how it may be challenged by a new Leviathan: the network. We also cover the difference between a nation and a state, how constants become variables, the cloud continent, digital power, your identity stack, calibrating risk, polycentric law, cloud regulations, building fast with atoms, founding vs inheriting, the powerful vs the powerless, and just about everything in between. Timestamps:  0:00 - Introduction 2:41 - Nation vs state 14:38 - Constants becoming variables 16:12 - The cloud continent 20:10 - The three leviathans 30:00 - Digital power 37:20 - The identity stack 53:22 - Cloud first, land last 55:49 - Diplomatic recognition 1:01:47 - Root access to land 1:06:35 - Calibrating risk as society 1:16:13 - Regulatory harmonization 1:28:15 - Polycentric law 1:34:49 - Building fast with atoms 1:38:57 - Looking to history 1:42:00 - Founding vs inheriting 1:50:46 - The one commandment 2:17:33 - The powerful vs powerless 2:28:46 - The competition for people 2:33:45 - Historical lines 2:42:23 - v3 of governance   Resources:  Balaji’s Twitter: https://twitter.com/balajis Balaji’s website: https://balajis.com/ The Network State: https://thenetworkstate.com/   Stay Updated:  Find us on Twitter: https://twitter.com/a16z Find us on LinkedIn: https://www.linkedin.com/company/a16z Subscribe on your favorite podcast app: https://a16z.com/podcasts Follow our host: https://twitter.com/stephsmithio Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. For more details please see a16z.com/disclosures. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Balaji Srinivasan is an angel investor, tech founder, philosopher, and author of The Network State: How to Start a New Country. He was formerly the CTO of Coinbase and General Partner at Andreessen Horowitz. Please support this podcast by checking out our sponsors: – Policygenius: https://www.policygenius.com/ – Blinkist: https://blinkist.com/lex to get 25% off premium – Notion: https://notion.com – Onnit: https://lexfridman.com/onnit to get up to 10% off EPISODE LINKS: Balaji’s Twitter: https://twitter.com/balajis Balaji’s Website: https://balajis.com Books: 1. The Network State: https://thenetworkstate.com 2. Reputation and Power: https://amzn.to/3eyQiF6 3. Exit, Voice, and Loyalty: https://amzn.to/3TpuLNP 4. Seeing Like a State: https://amzn.to/3MJfvcD Articles: 1. Bitcoin Is Civilization: https://www.commonsense.news/p/is-bitcoin-anarchy-or-civilization 2. Great Protocol Politics: https://foreignpolicy.com/2021/12/11/bitcoin-ethereum-cryptocurrency-web3-great-protocol-politics 3. Regulation, Disruption, and the Future: https://bit.ly/3CKY9Ys 4. The Measured Man: https://theatlantic.com/magazine/archive/2012/07/the-measured-man/309018 5. Secret Document That Transformed China: https://npr.org/sections/money/2012/01/20/145360447/the-secret-document-that-transformed-china 6. Hollywood’s Missing Movies: https://reason.com/2000/06/01/hollywoods-missing-movies 7. New York Times Truth Campaign: https://adweek.com/agencyspy/droga5s-first-big-campaign-for-the-new-york-times-is-all-about-the-truth/126274 PODCAST INFO: Podcast website: https://lexfridman.com/podcast Apple Podcasts: https://apple.co/2lwqZIr Spotify: https://spoti.fi/2nEwCF8 RSS: https://lexfridman.com/feed/podcast/ YouTube Full Episodes: https://youtube.com/lexfridman YouTube Clips: https://youtube.com/lexclips SUPPORT & CONNECT: – Check out the sponsors above, it’s the best way to support this podcast – Support on Patreon: https://www.patreon.com/lexfridman – Twitter: https://twitter.com/lexfridman – Instagram: https://www.instagram.com/lexfridman – LinkedIn: https://www.linkedin.com/in/lexfridman – Facebook: https://www.facebook.com/lexfridman – Medium: https://medium.com/@lexfridman OUTLINE: Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time. (00:00) – Introduction (07:23) – Prime number maze (33:35) – Government (49:51) – The Network State (59:55) – Pseudonymous economy (1:23:41) – Exit (1:38:23) – Building a network state (2:26:09) – Wikipedia (3:03:40) – Fixing science (3:30:08) – Fixing the FDA (5:01:16) – Longevity (5:20:14) – Donald Trump’s ban from social media (5:49:32) – War (5:56:41) – Censorship (6:10:40) – Social media (6:26:56) – Wokeism and communism (6:45:44) – Cryptocurrency (7:03:17) – AI, AR, and VR (7:15:15) – Advice for young people (7:48:10) – Regulating logic

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Balaji Srinivasan is an entrepreneur and essayist, he was co-founder of Counsyl, former chief technology officer of Coinbase and former general partner at Andreessen Horowitz. Our information diets are making us mentally fat. Whether it's fake news, mis or disinformation, state propaganda or conspiracy theories, the world is very difficult to navigate. Balaji also wants to start a new type of country, he has views on how to optimise your working day and he generates more new ideas than almost anyone. Today we get an insight into his thought process behind all of this. Expect to learn why socialism always continues to arise across the world, how Balaji tracks all of the ideas he has in his head, why Singapore is a powerhouse of a new country, how immigration will deal with remote VR workers in India, why everyone should use a dashboard to track what's going on in their life, the key trick that the legacy media uses to manipulate you and much more... Sponsors: Get $100 off plus an extra 15% discount on Qualia Mind at https://neurohacker.com/modernwisdom (use code MW15) Get the Whoop 4.0 for free and get your first month for free at http://join.whoop.com/modernwisdom (discount automatically applied) Get a Free Sample Pack of all LMNT Flavours at https://www.drinklmnt.com/modernwisdom (discount automatically applied) Extra Stuff: Read The Network State - https://thenetworkstate.com/  Check out Balaji's website - https://balajis.com/  Follow Balaji on Twitter - https://twitter.com/balajis  Get my free Reading List of 100 books to read before you die → https://chriswillx.com/books/ To support me on Patreon (thank you): https://www.patreon.com/modernwisdom - Get in touch. Instagram: https://www.instagram.com/chriswillx Twitter: https://www.twitter.com/chriswillx YouTube: https://www.youtube.com/modernwisdompodcast Email: https://chriswillx.com/contact/  Learn more about your ad choices. Visit megaphone.fm/adchoices

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode: https://shows.banklesshq.com/p/debrief-rise-of-the-network-state  Balaji Srinivasan is an investor, founder, and Former CTO of Coinbase and GP at a16z and author of The Network State, which will be the main focus of the podcast today. The Network State explores ideas surrounding digital communities and the future of how we coordinate as a species. A startup society fosters the emergence of network unions, which evolve into a network archipelago—eventually calcifying into the network state. As we muse about the fate of human systems, we explore mental models for understanding the digital revolution and how we can allow coordination to thrive. ------ 📣 Forta | Help Make Web3 a Safer Place https://bankless.cc/Forta ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/  ------ BANKLESS SPONSOR TOOLS: 🚀 ROCKET POOL | ETH STAKING https://bankless.cc/RocketPool  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  ❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across  🦁 BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave  🌴 MAKER DAO | DECENTRALIZED LENDING https://bankless.cc/MakerDAO  🔐 LEDGER | SECURE STAKING https://bankless.cc/Ledger  ------ Topics Covered: 0:00 Intro 6:19 Common Denominators 8:50 Micro vs. Macro History 15:15 The Network State 19:05 Online Communities 23:50 Nation vs. The State 36:20 Why A Nation State 40:18 The One Commandment 1:02:44 Being Inside the Network State 1:08:00 Bankess x the Network State 1:13:38 What’s the Incentive? 1:19:30 Violence’s Role 1:33:48 Non-Wealthy Critique 1:38:53 Everyone Joins the Network State 1:44:20 Network State Action Items 1:48:46 Closing & Disclaimers ------ Resources: Balaji https://twitter.com/balajis  The Network State https://thenetworkstate.com/  Dashboard https://thenetworkstate.com/dashboard  Vitalik’s Review https://vitalik.ca/general/2022/07/13/networkstates.html#what-is-a-network-state  One Commandment https://thenetworkstate.com/the-one-commandment  FDIC Insured Bank Charts & Fintech Tweets https://twitter.com/balajis/status/1351068210930601984  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. In this episode, Balaji Srinivasan discusses his latest book, “The Network State, how different digital tools like crypto will help empower network states, and analyzes how crypto fits into the current political environment.    Show topics: why Balaji wrote a book and why he is so enthralled with a digitized future what a “network state” is, and what components of crypto are embedded into the idea why Balaji is interested in “re-centralization” why Balaji believes that networks states need to be recognized by real nations what makes a network state better than a physical nation or digital community why Balaji thinks a community of people who eat a keto diet could be the first network state why Balaji thinks the network states will be a good thing where Bitcoin maximalism fits into the left vs. right political divide, woke culture, and Christianity what the overlap between politics and crypto will be going forward what is the best way to learn, read, and debate “The Network State” where crypto tools and communities have gone wrong so far and how the industry can improve going forward what lessons Balaji learned from the tech bubble in the early 2000s what Balaji’s over-under is for when the first network state will arrive Balaji’s pitch for a 50:50 BTC/ETH portfolio (note: not investment advice)   Hosts Haseeb Qureshi, managing partner at Dragonfly Capital https://twitter.com/hosseeb Tom Schmidt, general partner at Dragonfly Capital https://twitter.com/tomhschmidt Tarun Chitra, managing partner at Robot Ventures https://twitter.com/tarunchitra  Robert Leshner, founder of Compound  https://twitter.com/rleshner    Guest: Balaji Srinivasan Twitter: https://twitter.com/balajis    Episode Links   The Network State ​​https://thenetworkstate.com/    Technological Revolutions and Financial Capital https://www.amazon.com/Technological-Revolutions-Financial-Capital-Dynamics/dp/1843763311    Learn more about your ad choices. Visit megaphone.fm/adchoices

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Brought to you by Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating, Athletic Greens all-in-one nutritional supplement, and Shopify global commerce platform providing tools to start, grow, market, and manage a retail business. Balaji 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. His new book is The Network State: How To Start a New Country. You can also read it for free at 1729.com. Please enjoy! This episode is brought to you by Shopify! Shopify is one of my favorite platforms and one of my favorite companies. Shopify is designed for anyone to sell anywhere, giving entrepreneurs the resources once reserved for big business. In no time flat, you can have a great looking online store that brings your ideas to life, and you can have the tools to manage your day-to-day and drive sales. No coding or design experience required. More than a store, Shopify grows with you, and they never stop innovating, providing more and more tools to make your business better and your life easier. Go to Shopify.com/Tim for a FREE 14-day trial and get full access to Shopify’s entire suite of features. * This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature. And now, my dear listeners—that’s you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM at checkout. * This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by 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! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product. * [06:39] The current state of crypto and overall markets [14:41] Market depth and the Overton window [20:54] The challenges of identifying possible trends [24:25] Does transhumanism need rebranding? [27:13] Augmented reality glasses: the next big thing? [38:10] Rethinking Icarus from a transhumanist, pro-innovation perspective [59:20] DALL-E 2 as a compact programming language [1:02:03] Peter Turchin and cliodynamics [1:03:30] What is a network state? [1:17:49] Humans like to fight over borders—even when they're invisible [1:26:04] American anarchy [1:46:55] Bitcoin vs. gold as an inflation hedge [1:52:59] What needs to happen for Bitcoin to behave in the way Bitcoin holders would like it to behave? [2:24:29] Society as a service: how the establishment of a network state could succeed—without devolving into a cult [2:49:25] Chinese control; missionary over mercenary; innovation over top-down control [3:00:57] India's upward trends [3:05:57] Establishment disdain for tech interlopers (the feeling is mutual) [3:11:40] Parting thoughts * For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast. For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsors Sign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss YouTube: youtube.com/timferriss Facebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Brought to you by Wealthfront automated investing and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. “The monopoly of truth is upstream of the monopoly of violence.” — Balaji Srinivasan Balaji 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, sign up at 1729.com, a newsletter that pays you. They’re giving out BTC each day for completing tasks and tutorials. Subscribers also receive chapters from Balaji’s free book, The Network State. Please enjoy! 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 Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature. And now, my dear listeners—that’s you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM at checkout. * For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Show Notes: 0:00 Bestie Guestie Balaji Srinivasan is introduced 6:01 Balaji's day in the life, Coinbase background, comparing crypto with early 2000's p2p music industry, China's lawful evil 16:09 China declares crypto transactions illegal, comparing and contrasting the US and China's future outlook 39:43 Chances of a revolution in China, predictions for the next 1-2 decades 48:37 Decentralized citizen journalism, the end of corporate journalism 58:11 Facebook's tough stretch continues: leaker might come forward with SEC, lawsuit over FTC payouts, public sentiment turning on big tech, decentralized social media 1:18:43 How decentralized media platforms would work mechanically Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg https://twitter.com/balajis Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.wsj.com/articles/china-declares-bitcoin-and-other-cryptocurrency-transactions-illegal-11632479288 https://www.wsj.com/articles/xi-jinping-aims-to-rein-in-chinese-capitalism-hew-to-maos-socialist-vision-11632150725 https://www.readingthechinadream.com/ https://www.foreignaffairs.com/articles/united-states/1993-06-01/clash-civilizations https://www.amazon.com/End-History-Last-Man/dp/0743284550 https://www.amazon.com/Kill-Chain-Defending-America-High-Tech/dp/031653353X?asin=031653353X&revisionId=&format=4&depth=1 https://www.amazon.com/Gray-Lady-Winked-Misreporting-Fabrications/dp/1736703307 https://techcrunch.com/2021/05/12/vitalik-buterin-donates-1-billion-worth-of-meme-coins-to-india-covid-relief-fund/ https://twitter.com/balajis/status/1386288771872673793?lang=en https://twitter.com/VitalikButerin/status/1386024429629558784?s=20 https://www.amazon.com/Truth-Machine-Blockchain-Future-Everything/dp/1250114578 https://www.youtube.com/watch?v=JOWRembdPS8 https://www.washingtonpost.com/politics/2021/09/23/facebook-testify-kids-safety-lawmakers-probe-whistleblowers-revelations/ https://www.facebook.com/business/news/navigating-change-and-improving-performance-and-measurement https://www.politico.com/news/2021/09/21/facebook-paid-billions-extra-to-the-ftc-to-spare-zuckerberg-in-data-suit-shareholders-allege-513456 https://www.sec.gov/news/press-release/2021-177 https://www.wsj.com/articles/voters-want-to-curb-the-influence-of-big-tech-companies-new-poll-shows-11632405601?st=qnnf9nvvwigp https://medium.com/craft-ventures/masks-should-be-the-law-3f53f08709cc https://www.politico.com/story/2017/11/01/social-media-ads-russia-wanted-americans-to-see-244423 https://balajis.com/yes-you-may-need-a-blockchain/

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Sam Harris speaks with Balaji Srinivasan about several civilizational challenges and possible paths forward. They discuss the evidence of American decline, the rise of India and China, centralizing and decentralizing trends in politics, the relationship between politics and technology, the failures of the FDA and TSA, how regulation preserves monopolies, the significance of Bitcoin and blockchain technology, the problem of cybersecurity, the Chinese government's attack on Bitcoin, the threat of US regulation of cryptocurrency, blockchain scalability, creator coins, life in Singapore, virtual government, the future of decentralized journalism, independent replication in science, wealth inequality, ubiquitous investing, social status, non-zero-sum capitalism, "start-up countries", and other topics. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at samharris.org/subscribe. Learning how to train your mind is the single greatest investment you can make in life. That's why Sam Harris created the Waking Up app. From rational mindfulness practice to lessons on some of life's most important topics, join Sam as he demystifies the practice of meditation and explores the theory behind it.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

My guest today is Balaji Srinivasan, a serial entrepreneur and angel investor. Balaji is known to challenge conventional wisdom, and he lives up to his reputation in this conversation. We discuss a wide variety of topics, including advancements in health tracking, ways to evaluate your own information diet, and how technology is driving decentralization and what that could mean for countries, corporations, and individuals.   Before we transition to the episode, if you enjoy this conversation with Balaji, I’d recommend the Ethereum episode on our newest show, Business Breakdowns. You can find that episode and more on your favorite podcast player or at joincolossus.com. Please enjoy my conversation with Balaji Srinivasan.   For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ------   This episode is brought to you by Canalyst. Canalyst is the leading destination for public company data and analysis. If you've been scrambling to keep up with the deluge of IPOs and SPACs these days, Canalyst has models on Marqeta, Oatly, Grab, and everything in between. Learn more and try Canalyst for yourself at canalyst.com/patrick.   ------   This episode is brought to you by Eight Sleep. Eight Sleep's new Pod Pro Cover is the easiest and fastest way to sleep at your perfect temperature. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. To embrace the future of sleep and get $150 off your new mattress, go to eightsleep.com/patrick or use code "Patrick".   ------   Invest Like the Best is a property of Colossus, Inc. For more episodes of Invest Like the Best, visit joincolossus.com/episodes.    Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.   Follow us on Twitter: @patrick_oshag | @JoinColossus   Show Notes [00:03:30] - [First question] - Thoughts on information diets and how they influence individuals [00:21:37] - Ways to optimize your diet by reading the source material and consuming less news [00:26:40] - Understanding the informational supply chain and tracing data back to the origin [00:41:07] - Modern cities, the nature of a group of individuals, and what sovereignty may mean in the coming years [00:53:52] - Key ingredients and main components needed for a successful startup city [01:11:35] - Social impacts from everyone becoming an investor and how it ties into everything [01:25:49] - Recommendations and a personal prescription for longevity, health, and wealth [01:37:32] - The kindest thing anyone has ever done for him

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Shaan (@ShaanVP) and Sam (@TheSamParr) host Balaji (@balajis) this episode. This is an amazing dive into Balaji's mind. He talks about the current issues with the media and how he's hoping to fix it with crypto and the blockchain. We also get a look at how he views the world, what motivates him, what he's been wrong about as well as the massive shifts he sees happening. --------- * Want to be featured in a future episode? Drop your question/comment/criticism/love here: https://www.mfmpod.com/p/hotline/ * Support the pod by spreading the word, become a referrer here: https://refer.fm/million * Have you joined our private Facebook group yet? Go to https://www.facebook.com/groups/ourfirstmillion and join thousands of other entrepreneurs and founders scheming up ideas. --------- Show notes: * (0:00) Intro * (2:30) Balaji's background * (7:33) Why Balaji started a newsletter: 1729 * (22:40) The media and its biases * (31:58) Balaji on memes and their importance * (37:45) What the future of media looks like and the role of crypto * (56:26) When did Balaji get into crypto? * (1:01:30) Sam asks Balaji what motivates him * (1:11:50) How the world is changing and becoming more Balaji-like * (1:19:39) What would 21 year-old Balaji work on? * (1:22:46) Why geographical proximity is no longer linked to cultural proximity * (1:26:25) How we can align incentives between tech and everyone else * (1:32:30) Balaji on crypto-social networks * (1:37:30) How Balaji operates day-to-day and "the idea maze" * (1:47:33) The importance of finding the right place to live * (1:57:30) What it's like to talk to Balaji * (2:02:08) What has Balaji been wrong about? * (2:11:00) Science vs. math: getting to the truth * (2:21:10) Balaji asks Sam for newsletter advice * (2:24:40) What are Balaji's guilty pleasures

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

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 Srinivasan Balaji 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! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product. * If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews! For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss DISCLAIMER FROM TIM FERRISS: I am not an investment adviser. There are risks involved in placing any investment in securities or in Bitcoin or in cryptocurrencies or in anything. None of the information presented herein is intended to form the basis of any offer or recommendation or have any regard to the investment objectives, financial situation, or needs of any specific person, and that includes you, my dear listener or reader. Everything in this episode is for informational entertainment purposes only. Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

BLACK FRIDAY DEAL: GET LEDGERS for 40% OFF! 🔥🔥🔥 https://bankless.cc/ledger 🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS:  ⭐️LEDGER - 40% OFF LEDGERS THIS WK ONLY! 🔥🔥🔥https://bankless.cc/ledger 🚀 ZERION - INVEST IN DEFI FROM ONE PLACE (download it now!)https://bankless.cc/zerion💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDShttps://bankless.cc/monolith 🤖YEARN - YIELD-SEEKING MONEY ROBOT THAT FARMS DEFI FOR YOU  http://bankless.cc/yearn ------ A Crypto Civilization | Balaji Srinivasan No one blends the academic, startup, & venture world quite like Balaji Srinivasan. With multiple engineering degrees, multiple exits, being early into Bitcoin, selling a company to Coinbase, being CTO to Coinbase, Balaji lives on the cusp of the frontier of human innovation.  Rumor is that he’s trying to create a digital country, we’re gonna talk about it.  - Legacy of COVID creating distrust In Institutions Balaji thinks that the world is ready for new institutions and that the movement of time is to generate new solutions rather than repair old ones.  - ‘Crypto-civilization’, or what Balaji calls: The Network StateThe leveraging of the most useful modern technology and coordination tools, to produce structurally independent organizations  - Digital Nations vs the Nation-StateHow might this independence generate friction with the status quo? And of course, how does a new 'crypto civilzation' actually manifest.  Balaji is a real Big Brain thinker, so strap yourself in! ------ Don't stop at the video! Subscribe to the Bankless newsletter programhttp://bankless.substack.com/ Visit the official Bankless website for resourceshttp://banklesshq.com/ Follow Bankless on Twitterhttps://twitter.com/BanklessHQ Follow Ryan on Twitterhttps://twitter.com/ryansadams Follow David on Twitterhttps://twitter.com/TrustlessState ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

0:55 Jason intros Balaji Srinivasan and tees up his incident with Recode's piece: “No handshakes, please”: The tech industry is terrified of the coronavirus 4:28 Balaji shares his experience with the story and his issues with corporate journalism 15:16 Balaji explains why he reacted the way he did to Shirin Ghaffary's request for an interview 19:52 History of techlash: 1995-2020, when things turned from positivity to overwhelming negativity 26:26 Balaji brings up a sentiment analysis chart published by Recode 31:25 Did both sides of the political spectrum fail in their coverage of the virus? Is citizen journalism the answer? 39:40 Balaji envisions for a new kind of journalism 41:43 Are corporate journalists too like-minded in their approach because of not being representative of the demographics of the US? 48:16 What is modern journalism's biggest blind spot? 51:22 Tips on how to start decentralizing media 54:34 Are modern journalists uncomfortable with subjects playing an active role in the reporting of the story? Did Recode & other outlets fail their readers? 1:01:55 Will the US "let it rip" strategy of dealing with COVID prove catastrophic? 1:05:53 Endgame scenarios: Bull, Bear & Base 1:10:08 Should we be experimenting with "Challenge Trials"? 1:18:52 How culpable is China for the spread of COVID-19? Should wet markets be shut down for good? 1:23:39 Why is the US still behind on mass testing? More on endgame scenarios 1:31:03 Possibility of COVID-19 being a biological weapon? 1:36:27 What should we learn from this crisis? What societal changes will happen?

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

In July in San Francisco, I moderated a panel at "Distributed 2018: Unlocking the Global Power of Decentralized Business." The title of our discussion was "Innovate or Reinvent?" and the panelists were Amber Baldet, cofounder and CEO of Clovyr, Matt Roszak, cofounder and chairman of Bloq, and Lily Liu, cofounder of Earn.com. We had a wide-ranging discussion, which included topics such as how the "Crypto 50" combined have more budget for blockchain development services than Fortune 50 companies,  how developing in the blockchain space and revolutionize an existing market requires that the new offering be many times better than existing options, and why enterprise needs to wait to get permission rather than ask for forgiveness, which doesn't hinder new projects. We also discussed how government is also a competitor in the space, that building entities don't include only decentralized projects and corporations, and how regulation could affect the development of the space. Thank you to our sponsors! DACC: https://www.digitalassetcustody.com Quantstamp: https://www.quantstamp.com The Sun Exchange:  https://www.thesunexchange.com Episode links: Distributed conference: https://2018.distributed.com Amber Baldet: https://twitter.com/AmberBaldet Clovyr: https://clovyr.io Matt Roszak: https://twitter.com/MatthewRoszak Bloq: https://www.bloq.com Lily Liu: https://twitter.com/calilyliu Earn.com: https://earn.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Amber Baldet

Co-Founder

ClovyrJPMorgan Chase

Matthew Roszak

Cofounder & Chairman

Bloq

Lily Liu

Executive

NumeraiSolana FoundationEarn.com

with Tina Bhatnagar (@tinab), Preethi Kasireddy (@iam_preethi), Lily Liu (@calilyliu), and Kim Milosevich (@kimbatronic) Whether it’s sharing the decision-making behind joining a crypto company to the perspectives of a passionate early adopter (or relative latecomer), this episode of the a16z Podcast -- based on a panel from the “Intro to Crypto” event that Andreessen Horowitz and #Angels put on in April 2018 -- covers what it takes to build companies in crypto, from people to code. You can find other sessions from the event, covering the building blocks of crypto to decentralization to the regulatory landscape, here. Why crypto? What was the biggest surprise in the space? Do the same skills from other domains apply? This discussion, moderated by Kim Milosevich, explores these questions with Coinbase VP of Operations Tina Bhatnagar; CEO and founder of TruStory Preethi Kasireddy; and Lily Liu, co-founder at Earn.com. photo credit: Erin Brethauer The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments and certain publicly traded cryptocurrencies/ digital assets for which the issuer has not provided permission for a16z to disclose publicly) is available at https://a16z.com/investments/. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Preethi Kasireddy

Engineer and Entrepreneur

TruStory

Lily Liu

Executive

NumeraiSolana FoundationEarn.com

Balaji Srinivasan is the Founder & CEO @ 21.co, the company that believes for bitcoin to succeed we need to build the full stack infrastructure for bitcoin, from silicon to hardware. 21.co have backing from some of the best in the world including a16z, Peter Thiel, Scott & Cyan Banister, Naval Ravikant and previous guest Data Collective's Matt Ocko. Balaji is also a Board Partner @ a16z, where he has served for the past 3 years. Prior to a16z and 21.co, Balaji was Co-Founder & CTO @ Counsyl, the genomics startup that now tests 4% of all US births and raised $65 in funding. In Today's Episode You Will Learn: 1.) How Balaji made the move from operations to a16z and the back to startups? How did his time in operations affect his investing mentality and vice versa. 2.) Why does Balaji believe that the number 1 barrier for most startups is regulation? Why does Balaji look to the unseen? 3.) With such value being held back by regulation, what is the FDA, FAA, SEC etc holding back? How can that value be unlocked? How can you carve out jurisdictions where you can have early adopters? 4.) How can new products look to gain customer validation through micro testing market segments? What are the requirement to do this successfully? What are the common mistakes 5.) How does Balaji view the future of regulation? How can tech help make regulation faster and more efficient? What are the barriers to it's widespread adoption and implementation? Items Mentioned In Today's Show: Balaji's Fave Book: The Sovereign Individual, The Princeton Companion To Mathematics As always you can follow Harry, The Twenty Minute VC and Balaji on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. The Twenty Minute VC is proudly sponsored by Luma, Luma is the world's first ever Surround WiFi system that brings speed, security and control to the home network. And Unlike traditional routers, Luma comes in a pack of two or three sleek devices to place in different rooms in your home. Luma then creates a mesh network that work together to create an outrageously-fast, ultra-secure Surround WiFi network. Lastly, Luma's app lets you easily see and control which devices, users and content are on your network. To buy your Luma, simply dead to getluma.com or amazon.com. So many problems start with your head: stress, depression, anxiety, fear of the future. What if there was some kind of exercise you could do, that would help you get your head in shape. That's where the Headspace app comes in. Headspace is meditation made simple. The Headspace app provides guided meditations you can use whenever you want, wherever you want, on your phone, computer or tablet. They have sessions focused on everything from dealing with stress and depression, to helping you eat more mindfully. So download the Headspace app and start your journey towards a happier, healthier life. Learn more at headspace.com/20vc. That's headspace.com/20vc.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com

Everything old is new again when it comes to startup ideas and how technology innovation happens. But practically, how does that apply to starting and/or working at startups — especially since the default state of every company is “dying in obscurity”? In this episode of the a16z Podcast, Marc Andreessen and 21 co-founder Balaji Srinivasan cover everything from deciding what ideas to work on and the optimal type of startups to work at, to the funding environment and pendulum swings of deciding when to IPO. They also discuss the VC “formula” of weighting product vs. market vs. team; the full-stack approach to cracking industries that tech could never enter before; and recent tech trends and news including The DAO, AI, VR/AR and the “Instagrammification of everything”, more. And where does Andreessen stand on the “moral dilemma” of whether entrepreneurs should drop out of college or not? Would Srinivasan still do a PhD today? People’s early career goals should be about maximizing learning skills and minimizing “personal burn”, they argue. But no matter what, Andreessen believes, smart people — from all industries, not just tech — should build things. It’s also easier to get through startup hard times when there’s an ideological mission motivating you, observes Srinivasan. This episode is based on a May 2016 conversation that was recorded as part of the Annual Distinguished Speaker Series with Thought Leaders in Technology, hosted by engineering honor society Tau Beta Pi at Stanford University. photo credit: Ryan Jae/ The Stanford Daily Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Balaji Srinivasan

Angel Investor, Tech Founder, and Author

The Network State1729Network School21.co1confirmationAndreessen HorowitzBalaji.usCoinbaseBalaji Srinivasan (Independent)Balaji.comEarn.com