Is There a New Condition of Uncertainty in Cryptocurrency?

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There's a fair amount of skepticism about web three at this point. Do you view that scepticism as truly analogous to all the naysayers around webb one, when they thought the internet was just going to be a bust? How much of this is an echo of the early nineties, and how much of it is a genuinely new condition of uncertainty? Yes, so there's a lot in there. And we youknow, we can go through each of those points. Here's the big thing, i'd say, over all, look, a lot of things just don't work, right? So a lot of people have ideas for things that don't work. It's

Sam Harris speaks with Marc Andreessen about the current state of Internet technology and culture. They discuss Marc's background in tech, the birth of the Internet, how advertising became the business model for digital media, the three stages of the Web, the blockchain, how successful technology reorders status and power in society, the Bitcoin white paper, the mystery surrounding the identity of Satoshi Nakamoto, the importance of distributed consensus, Bitcoin as digital gold, how society has performed during Covid, James Burnham and managerial capitalism, the principal-agent problem, negative externalities, risk and regulation, trust in institutions, WTF happened in 1971, regulatory capture, banning Trump and Alex Jones from social media, perverse incentives in philanthropy, and other topics.

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