Pitching Internet to major bank CTOs to get funding

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The payments industry at that point was on main frames from 30 years earlier. And so i remember in that meeting, you knos jus like, ok, this is it. We're sunk. There's no way this can happen. So we tried mikrasof tried other people tried, awall tried, and just, there was never any way to do it.

Sam Harris speaks with Marc Andreessen about the current state of Internet technology and culture. They discuss Marc's background in tech, the birth of the Internet, how advertising became the business model for digital media, the three stages of the Web, the blockchain, how successful technology reorders status and power in society, the Bitcoin white paper, the mystery surrounding the identity of Satoshi Nakamoto, the importance of distributed consensus, Bitcoin as digital gold, how society has performed during Covid, James Burnham and managerial capitalism, the principal-agent problem, negative externalities, risk and regulation, trust in institutions, WTF happened in 1971, regulatory capture, banning Trump and Alex Jones from social media, perverse incentives in philanthropy, and other topics.

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