Block Chain

Block chain lets you write code that can make strong commitments about how it will behave in te future. The most obvious one is bitcoin, which has value enabled by the scarcity of big coins. It guarantees there's only 21 million bit coins that'l ever exist. You can do other thingso you can guarantee if you own a good, an nft, if i go and buy this digital good, this piece of art, this top shot basketball card, i truly own it.

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Today we are re-sharing our Invest Like the Best episode with Chris Dixon from April 2021. Chris is one of the leading minds in Web3 and a must-follow for anyone in the space.

Chris is a general partner at Andreessen Horowitz, and a prolific investor and thinker, having been both an entrepreneur and angel investor. He is now focused on investing in the crypto and blockchain space for Andreessen. Our conversation focuses on Chris's overall thesis for investing in the cryptocurrency space, the opportunities and limitations of blockchain applications, and why this is the most interesting area for investing and building over the next ten years. What's exciting to me is blockchain technology's ability to help us re-imagine old business models and catapult them into the 21st century – and we cover a lot of them. I hope you enjoy my conversation with Chris Dixon.

For the full show notes, transcript, and links to mentioned content, check out the episode page here.

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Show Notes

[00:03:56] - [First question] - His overall crypto investing philosophy

[00:06:37] - New opportunities presented by blockchain technology

[00:15:31] - Permanent limitations and shortcomings of blockchains

[00:18:32] - Evolution of DeFi and crypto currencies

[00:21:11] - Whitepapers: Bitcoin, Ethereum, MakerDAO

[00:22:08] - How to take out a loan using the Maker protocol

[00:23:22] - Utility of Dai and stablecoins

[00:29:14] - How the DeFi network will reinvent the future

[00:39:53] - Uniswap, tokens, and fundamentally redefining leverage

[00:36:29] - The Company: A Short History of a Revolutionary Idea

[00:38:00] - Developer and entrepreneurial incentives for building blockchain technology