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E29: Coinbase goes public, direct listings vs. IPOs, portfolio management, unions & more with Bestie Guestie Brad Gerstner
All-In with Chamath, Jason, Sacks & Friedberg
Is There a Good Thing or a Bad Thing?
We're learning that institutions aren't reliable, number one. And then the second is that those institutions are static. It's not like we can have a new c d c that we all create and believe in, or a new fta. Those laws won't change, because there's a bunch of incentives for folks who are current and power that oversee those things to remain that way. The big question for this century is going to be what will be an institution as a mob rule? What i'm talking about is the absolute alternative to an institution as a Mob Rule.
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