i think the frustration that's coming out of the bit coin community is, like the volume of transactions and use that is happening on these other networks. And i think maybe there's some merit to that criticism. But it's also a, there's an irony in talking about that unsocial, right? Is like the, you know, my digit or signals are worth something. I'm projecting my opinion as something that people should pay attention to. But these things that people are paying, these digital signals that people are valuing with currency, are worthless. It's all a religious argument on both s all the way down.
Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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Timestamps:
- 0:00:00 – Intro + Holiday Travels
- 0:05:27 – What We’ll Cover + Jack Dorsey’s Web 3 War
- 0:12:45 – Can We Easily Define Web 3?
- 0:21:08 – “Why Decentralize”
- 0:25:32 – Balaji’s Twitter Response
- 0:32:52 – Bitcoin, Fear + Jack Dorsey Summary
- 0:39:57 – Tokens vs Equity + Big Tech vs Startups
- 0:42:46 – Incentives
- 0:49:13 – Silicon Valley Talent Leaving For Crypto
- 0:55:18 – Jack Dorsey Perspective: Build On Bitcoin
- 1:02:25 – What You’re Optimizing For + Dorsey Blocked by Andreesen
- 1:05:34 – Fun Fact Phan: Daniel Inouye
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