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#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

CHAPTER

The Rise and Fall of the Blues and Grays

For most of the century like it was good to be blue you know like peak was like two thousand almost seventy billion dollars in ad revenue. Then suddenly once a financial crisis hit their revenue google had been scaling during that time and at this point all these advertisers were like let me look for a more efficient channel. It took them one election cycle to adapt because in 2012 facebook was still considered to be and social media was considered to be um pro democrat right meaning you know when the nerds go marching in.

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