Balaji Srinivasan: Bitcoin and the Search for Truth

We suppose it’s becoming that this, the fiftieth episode of “Money Reimagined,” is being revealed inside a historic week for the crypto neighborhood, when the launch of a futures-focused bitcoin exchange-traded fund helped drive the main cryptocurrency to a brand new all-time excessive simply shy of $67,000.

This episode is sponsored by Quantstamp.

It’s additionally becoming that at this second in time – one that’s actually trying like a “crypto second,” outlined not solely by hovering bitcoin costs but in addition explosive curiosity in non-fungible tokens (NFT) and decentralized finance (DeFi) – the “Money Reimagined” visitor this week is somebody who’s been concerned in the crypto journey for nearly a decade.

Joining Michael Casey and Sheila Warren for this particular “OG version” is Balaji Srinivasan, a serial entrepreneur, investor and influential essayist. Srinivasan is a former CTO of Coinbase, a former normal accomplice at Andreessen Horowitz and the founding father of 21.co, earn.com and quite a lot of different startups. His eclectic pursuits vary from genetics – through which he led analysis at Stanford – to finance, to political historical past, to the way forward for journalism.

Last yr, Srinivasan was acknowledged as considered one of CoinDesk’s “Most Influential,” as a lot as for his prescient warnings about COVID-19 and for mobilizing the crypto neighborhood to answer it as for his insights into the route of the blockchain expertise. More just lately, he has turn out to be a considerably controversial critic of media organizations and an advocate for new, decentralized fashions of reality.

That latter subject is the place this week’s dialog ended up. What started as a dialogue about Srinivasan’s early pursuits in bitcoin and the way it noticed it enjoying into his view of technological disruption as historical past’s foremost driver of financial and social transformation moved into a fair deeper consideration of the nature of “reality” and who will get to outline it.

Have a pay attention as Srinivasan breaks down his arguments for why the future lies in trusting distributed “cryptographic reality” slightly than the values of centralized information organizations.

This episode was produced and edited by Michele Musso with bulletins by Adam B. Levine. Our theme music is Shepard.

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