5min chapter

The Foresight Institute Podcast cover image

Balaji Srinivasan | The Pseudonymous Economy & Transhumanism

The Foresight Institute Podcast

CHAPTER

Cryptocurrency Isn't Just a Blockchain

In 2010, there were about 300 million people worldwide that hold some cryptocurrency. That's on the order of 0.1% of their net worth. By 2030, you're going to have a billion people and it'll be like 10% of theirNet Worth. And by 2040, it'll be more than 50%. It'll be comparable to say it might happen faster or slower than that, but I'm just giving the directionality. So that means that property is becoming cryptography. It's not, in a sense, international law didn't even exist before the blockchain. Because it's decentralized and distributed, it's not something where you're moving police around the world or military around the

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