There's a vision of totally hyper diflating construction cast. There's another vision of radically reducing your dependence on any specific place and having it all in the cloud, so you can move between things. And that should bring downward pressure on these housing prices. But i think that might come after there's this crazy inflation upward. The re is to try to intentionally pop the bubble than having a bare or lemon type thing evergrand was like a control demolition where we'll see if it's successful.
Balaji Srinivasan makes a return appearance to The Knowledge Project, this time to go in-depth on Web3, Crypto, and the state of the world today. Srinivasan offers his unfiltered thoughts on the advantages and disadvantages of established democracies, the Russia-Ukraine situation, housing as an investment, education, legacy wealth, and which country he would bet on to dominate the future.
Srinivasan is the former CTO of Coinbase and General Partner at Andreessen Horowitz, and is an early investor in many successful tech companies and crypto protocols. He is also the author of the book The Network State: How To Start a New Country.
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