2min chapter

The Tim Ferriss Show cover image

#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism

The Tim Ferriss Show

CHAPTER

The Monopoly of Truth Is Upstream

A lot of journalists are defecting because the ecosystem is just full of vitreol like everyone's pissing in the pool. A legacy media corporation will salsburkers company, the new york times will literally run bill boards advertising itself as a truth. And so that's a superimportant power that some privately held media corporation shouldn't have. So what's happening now, fortunately, is that poweris being decentralized,. Not ini t, but b t c. That power is being taken away.

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