6min chapter

The Tim Ferriss Show cover image

#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

Crypto Capital - The Third Point on the Triangle

Woke capital is a position of submission, with a bent head and a dispirited stance. It's just a little more subtle, rather than saying they are powerful, to say you are powerful. And then crypto capital, b t c, is the third point on the triangle. You must submit, you must sympathize, you must be sovereign. All those are actually like extremal points. If everything is sympathizing, whene oerybody is competing to be a victim all the time. The total opposite of that is also bad, because the total denial that any victims exist is the denial of charity and many of our good impulses. That's how woke capital works.

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