A good chunk of what is done post data collection, we can essentially replicate for free. And then you might ask, well, ok, but what if they did like a fancy fake? All you can do is, you can only reproduce some of it, not all of it. We don't have cloud chambers and inclined planes and so on our house, right? So we can reproduce the digital that is actually independent. Replication of the digital is feasible. That's actualy what bickcoin is, by theway. It's not scientific economics, is mathematical economics,. Because you're doing math locally, and you're not trusting a central authority. The lower trust in society,
Balaji Srinivasan makes a return appearance to The Knowledge Project, this time to go in-depth on Web3, Crypto, and the state of the world today. Srinivasan offers his unfiltered thoughts on the advantages and disadvantages of established democracies, the Russia-Ukraine situation, housing as an investment, education, legacy wealth, and which country he would bet on to dominate the future.
Srinivasan is the former CTO of Coinbase and General Partner at Andreessen Horowitz, and is an early investor in many successful tech companies and crypto protocols. He is also the author of the book The Network State: How To Start a New Country.
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