"I think one of the most compelling arguments i ever heard for bit coin isss like this, om. It's ai epex asid overtime," he says. "It just feels to me like the the cycles ofe compressed." He adds that it makes more sense in a world where you're not able to create financial instruments out of thin air. 'There there's always going to be the human des to make an outsize return in a short amount of time'
Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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Timestamps:
- 0:00:00 – Intro + Holiday Travels
- 0:05:27 – What We’ll Cover + Jack Dorsey’s Web 3 War
- 0:12:45 – Can We Easily Define Web 3?
- 0:21:08 – “Why Decentralize”
- 0:25:32 – Balaji’s Twitter Response
- 0:32:52 – Bitcoin, Fear + Jack Dorsey Summary
- 0:39:57 – Tokens vs Equity + Big Tech vs Startups
- 0:42:46 – Incentives
- 0:49:13 – Silicon Valley Talent Leaving For Crypto
- 0:55:18 – Jack Dorsey Perspective: Build On Bitcoin
- 1:02:25 – What You’re Optimizing For + Dorsey Blocked by Andreesen
- 1:05:34 – Fun Fact Phan: Daniel Inouye
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