4min chapter

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#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

New York Overestimated Their Leverage

New York overestimated their leverage, and they're like, we're new york. What are you going to do? We're the centre of the world. And so rather than putting them at the front, it was too onerous. It was too high a form to fill out, too high a price imposed for that first customer. So start ups just move. But they also ip band. This is a new thing, cause the us. Is supposed to be at the front of things and what not. Well, that's happening in asia pacific, right; ot printers are stead of leaving the gravitational pole of china to have their physical base elsewhere. N y t

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