Naval Ravikant and Balaji Srinivasan on Why History Points to Crypto

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  • čas přidán 6. 06. 2024
  • This episode was initially recorded before a live audience in 2018. Erik talks with Naval Ravikant and Balaji Srinivasan about the history of money and centralization and why crypto has the potential to fulfill the promise of the internet. Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist.
    --
    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.
    --
    SPONSOR: SQUAD
    Squad: 💥 Access global engineering without the headache and at a fraction of the cost: head to choosesquad.com and mention “Turpentine” to skip the waitlist.
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    RECOMMENDED PODCAST: @turpentinefinance
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    --
    TIMESTAMPS:
    (00:00) Intro
    (00:30) Decentralization and Blockchain: A Deep Dive with Naval Ravikant and Balaji Srinivasan
    (06:22) Personal Journeys into the World of Cryptocurrency
    (08:27) Debating Bitcoin vs. Blockchain: Perspectives and Predictions
    (12:22) Sponsors: Squad | Turpentine
    (14:33) The Social and Economic Implications of Blockchain Technology
    (19:55) Blockchain Beyond Money: Envisioning Future Applications
    (22:43) Crypto as a Social Phenomenon: Tribalism and Governance
    (28:10) Envisioning a Decentralized Future: Microeconomics and Global Impact
    (31:36) The Irony of Missing Out: Venture Capitalists and Karma
    (36:02) The Global Impact of Blockchain on Identity and Ownership
    (36:54) Navigating Regulations in a Decentralized Economy
    (38:29)The Role of Crypto in Redefining Wealth Distribution
    (40:05) Balaji and Naval's Vision
    (46:48) What Do Failure Models Look Like?
    (51:43) How Blockchain Can Provide New Career Opportunities, Not Just In Silicon Valley
    (53:33) The Potential and Challenges of Emerging Technologies
    (54:55) Identity in a Blockchain World
    (58:23) On Blockchain Intersecting With Other Emerging Technologies
    (59:57) What Types Of Players Are Going To Be The Big Winners And Losers?
    (1:00:56) Empowering the Next Generation of Builders
    (1:04:04) Visionary Ideas for Changing the World
    (1:05:41) Wrap
    --
    X / TWITTER:
    / naval (Naval)
    / balajis (Balaji)
    / eriktorenberg (Erik)
    / upstream__pod (Upstream)
    / turpentinemedia (Turpentine)
    --
    For guest or sponsorship inquiries please contact Sam@turpentine.co
    Music license:
    OYOCYNQ0XUH22PB8

Komentáře • 39

  • @wagmi614
    @wagmi614 Před měsícem +15

    WISH WE HAD A VIDEO VERSION OF THIS

    • @maxbrych7354
      @maxbrych7354 Před měsícem +6

      czcams.com/video/lkjWlUr4Kjg/video.html

    • @fire17102
      @fire17102 Před měsícem

      ​@@maxbrych7354you're the man!
      Also 2018?? Just noticed that, thanks🙏👍

    • @neutron417
      @neutron417 Před 27 dny

      it's taken from a video lol

  • @InkaHacker
    @InkaHacker Před měsícem +5

    Omg. Too short! We deserve 8 hours minimum

  • @IlEagle.1G
    @IlEagle.1G Před měsícem +5

    Titans!!!

  • @CriptoWilly
    @CriptoWilly Před 26 dny

    This is great.
    When was this recorded?

  • @_example
    @_example Před měsícem +1

    More discussions like this

  • @theusersol
    @theusersol Před měsícem +1

    Aaaaahhhhhh I love these guys

  • @subhranshudas8862
    @subhranshudas8862 Před měsícem +10

    i wish there were 5 like buttons.

    • @ninjahsk5748
      @ninjahsk5748 Před měsícem

      Set up burner accounts and use them to like the video.

  • @amulpatel
    @amulpatel Před měsícem +1

    Ok you both of the leading futurists talking … SOLD

  • @scottbambacigno3066
    @scottbambacigno3066 Před měsícem +2

    Proof of stake blockchains create a new set of gatekeepers due to highly networked Silicon Valley investors getting in early on the “premines”. When 70% is controlled by a small select few they are the new gatekeeper.
    Follow the incentives and you’ll know where they are coming from.

  • @tuckerbugeater
    @tuckerbugeater Před měsícem +1

    part 1 of 10

  • @scottbambacigno3066
    @scottbambacigno3066 Před měsícem

    If buying a token is an “investment” doesn’t that make it a security?

  • @randknutson5239
    @randknutson5239 Před měsícem

    How tf did I miss this

  • @eugeniocg3079
    @eugeniocg3079 Před měsícem

    !!!

  • @4nxy
    @4nxy Před měsícem

    goats

  • @qayotee
    @qayotee Před měsícem +2

    I agree with many things they say. But eventually everything you want secured will be on Bitcoin. Not on any other unsecure crypto blockchain with counter parties. Bitcoin chose decentralization and security. No other crypto can compete with that. But everything can be on Bitcoin blockchain as Bitcoin is built in layers as internet is. I guess these guys are heavily invested in crypto and therefore love the broader crypto space. Sure crypto will come up with stuff fast (and break stuff) but everything they make up will be more secure on Bitcoin.. so just a matter of time before it comes to bitcoin. It’s just a question of “do you want secure or pretty secure”..”eh I think I’ll go for secure thank you “

    • @martinlutherkingjr.5582
      @martinlutherkingjr.5582 Před měsícem +1

      In principle that makes sense but in practice centralized blockchains have utility for the time being unless similar infrastructure is built on top of bitcoin. For example, stable coins are incredibly valuable to people in 3rd world countries. Yes, there’s a chance the centralized blockchains they’re hosted on shut down but they cannot get a US bank account and even those who can are more restricted on how they can transact within the banking system than on a centralized blockchain. Good software doesn’t build itself so it could be we end up in a world where some good tools are developed on centralized blockchains and they exist as an alternative to the centralized fiat system because of its added flexibility the banking system will never offer.

  • @KevinFisch
    @KevinFisch Před měsícem

    Auger? Zcash? This is from 2016...

  • @raw-bot9251
    @raw-bot9251 Před měsícem

    I feel bad for the "boy in Bangladesh". Everyone talks of him!

  • @johngammon963
    @johngammon963 Před měsícem +5

    Bitcoin yes, everything else is going to zero

    • @mf-ud1uo
      @mf-ud1uo Před měsícem

      nope ,btc can't do anything, except be the mark of the beast coin...

  • @scottbambacigno3066
    @scottbambacigno3066 Před měsícem

    “Digitized”. Anything in a database is inherently “digital”. Having a “blockchain” doesn’t make something more “digital” than a standard database.

  • @Texas_Uncut
    @Texas_Uncut Před měsícem

    Xrp will be that bridge reserve currency

  • @julioneira1211
    @julioneira1211 Před měsícem +1

    There's only 1 blockchain that's provably decentralized and provably secure and entirely open to all. The "crypto" stuff is not any of those. Bitcoin is BOTH the money AND the blockchain, they don't exist without each other.

  • @raw-bot9251
    @raw-bot9251 Před měsícem

    Balaji, don't talk up India. the rods are shit...and it's too crowded...just be real

  • @4nxy
    @4nxy Před měsícem

    computers can't be creative? ummm...... lmao

  • @bitcoinguerilla
    @bitcoinguerilla Před měsícem +3

    BITCOIN NOT BLOCKCHAIN.

    • @onetwokaafour
      @onetwokaafour Před měsícem

      BLOCKCHAIN NOT BITCOIN!

    • @Nick_Leo
      @Nick_Leo Před měsícem

      BITCOIN AND BLOCKCHAIN BUT NOT SHITCOINS*** Lol
      blockchain has uses outside of BTC, but BTC is the only perfect money we have.

  • @mickywes3733
    @mickywes3733 Před měsícem

    YHIS IS SIX YEARS OLD🖕

  • @kboyle1127
    @kboyle1127 Před měsícem

    How do you still not know how to pronounce Balaji’s name? So cringeworthy and disrespectful

  • @knnmran
    @knnmran Před měsícem

    Naval is on the wrong side of the history here! Time will show!