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Ep 21 : Naval Ravikant (Slow rich) Mar 2021

Clubhouse FM

CHAPTER

Cryptocurrency Changes the Nature of the Firm

A crypto completely changes the nature of the firmht. So for example, let's say i want to do accounting or bookkeeping right for my company. And so the size of the firm isjus dictated by what can i outsource and what do i bring in? In cryto land, everything is extremely well defined. Like you can build a piece of code that is then a function that has a unique global idea on etherean block chain. All the services are sort of exposed to each other. You might even change the money that i put in and transform it into more money or less money based on what i calld that function for.

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