Is There a New Business Model for Cryptocurrency?

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i think there will be a business model of some kind, what you call fees, i think, may shift to another part of the system. There's already certain contexts where we've reduce fees by several orges of magnitude for very large movements of money. I think the most important thing, from my standpoint, is the level of choice you're going to have is dramatically increased. It'll be much easier to start up competitor and raise up your own shingolas as a new kind of financial oll it. The role of the i c o is to aggregate dispersed information about a company. If you don't have cash fillos, you're not suitable for debt financing. Not every

When Balaji Srinivasan sat down for his conversation with Tyler he was the CEO of Earn.com. Today he is the CTO at Coinbase, which acquired his company in the intervening weeks (congrats Balaji!). But while his job title has changed, his passion remains the same: harnessing the power of the blockchain to launch a new generation of entrepreneurs, businesses, and entire markets.

Balaji talks with Tyler about the potential of the blockchain and beyond, including how firewalls may become the new immigration policy tool, why drones are still underrated, the future of news and academia, what the Silicon Valley opener reveals about how America views the tech industry, and more.

Read a full transcript enhanced with helpful links.

Recorded April 2nd, 2018 Other ways to connect

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