Balaji Srinivasan on the Power and Promise of the Blockchain
Conversations with Tyler
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Is There a New Business Model for Cryptocurrency?
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
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