The Public and the Private Interstructure

Crypto is a new form of money that works like an uni swap. The tokens have value, which is set by the market and traded on it. Users can vote for changes to the system using their own token. Aamintnising before, as soon as you run a query on the block chain any address used gets put into your account. It's sort of analogous to if you had twitter or oberrolls instead of e-mail systems.

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Today we are re-sharing our Invest Like the Best episode with Chris Dixon from April 2021. Chris is one of the leading minds in Web3 and a must-follow for anyone in the space.

Chris is a general partner at Andreessen Horowitz, and a prolific investor and thinker, having been both an entrepreneur and angel investor. He is now focused on investing in the crypto and blockchain space for Andreessen. Our conversation focuses on Chris's overall thesis for investing in the cryptocurrency space, the opportunities and limitations of blockchain applications, and why this is the most interesting area for investing and building over the next ten years. What's exciting to me is blockchain technology's ability to help us re-imagine old business models and catapult them into the 21st century – and we cover a lot of them. I hope you enjoy my conversation with Chris Dixon.

For the full show notes, transcript, and links to mentioned content, check out the episode page here.

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Show Notes

[00:03:56] - [First question] - His overall crypto investing philosophy

[00:06:37] - New opportunities presented by blockchain technology

[00:15:31] - Permanent limitations and shortcomings of blockchains

[00:18:32] - Evolution of DeFi and crypto currencies

[00:21:11] - Whitepapers: Bitcoin, Ethereum, MakerDAO

[00:22:08] - How to take out a loan using the Maker protocol

[00:23:22] - Utility of Dai and stablecoins

[00:29:14] - How the DeFi network will reinvent the future

[00:39:53] - Uniswap, tokens, and fundamentally redefining leverage

[00:36:29] - The Company: A Short History of a Revolutionary Idea

[00:38:00] - Developer and entrepreneurial incentives for building blockchain technology