Michael Breitenbach — On Crypto, AI & Cynicism (EP.150)
Infinite Loops
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Is There a Scale Versus an Anti Scale Dynamic Going On?
I think my kind of view is that the banks and the United States at this point are quasi-nationalized. I feel like there are some operational risks that are almost caused by excessive operational risk controls, if anything. There's not really any good tech now that can hide privacy on crypto. The Ethereum stuff I think is actually legitimate technology that's going to matter moving forward. It doesn't have to displace the entire financial system.
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