6min chapter

The Tim Ferriss Show cover image

#547: Balaji Srinivasan — Centralized China vs Decentralized World, The DeFi Matrix, Ascending vs Descending Trends, Bitcoin Mining as Energy Storage, Reputational Civil War, and Maximalism vs. Optimalism

The Tim Ferriss Show

CHAPTER

Is There a Lot Away From Cryptocurrency?

Bicoin has become almost like an element, like gold. Because there's no leader, you don't feel like you're submitting to somebody. By buying gold, satose is who you make them out to be. The only thing that's going to happen going forward is potentially a regulatory or oftwere attack. But outside of that, its community is so strong that can probably repair on that. Regulatory attacks are also less likely to kill it, because the us. Is losing control over the world.

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