Quantifying and Qualifying Decentralization | The Balaji Series | Episode 7 (WiM121)

Balaji Srinivasan joins me for a multi-episode series exploring sovereignty in The Digital Age, geopolitical game theory, the future of statism, and how Bitcoin/crypto fits into the picture.

Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/

GUEST
Balaji's Twitter: https://twitter.com/balajis
Balaji's Website: https://balajis.com/

PODCAST
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
Transcript:

OUTLINE
00:00:00 “What is Money?” Intro
00:00:08 Quantifying Decentralization
00:07:30 Fundamentally, this Model is Quantifying Intuition…
00:14:39 The Goal: Identifying the Most Centralized Component
00:17:20 The Role of Path-Dependence in Decentralization
00:20:00 The Danger of Monoculture
00:25:00 “Trust in God But Keep Your Powder Dry”
00:32:29 Chain Interoperability and an Attack on Bitcoin Mining
00:34:20 Entering the Time of Total Cyberwar
00:37:32 NYDIG
00:38:42 Incentive Blindness
00:44:42 “The Dose Makes the Poison”
00:48:01 Quantity and Quality Metrics
00:51:16 “Revolutions are Judged by their Fruits”
00:57:23 The Pragmatic Calculation of Self-Interest
01:02:56 Legacy Journalism Disabled the Our Early Warning System
01:08:30 The Most Important Ethical Question of the 21st Century
01:11:26 What Drives Balaji? And Where is the World Going Next?
01:17:57 Mathematical Advancement as the Primary Metric for Civilization

SOCIAL
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WRITTEN WORK
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Substack: https://breedlove22.substack.com/

WAYS TO CONTRIBUTE
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RECOMMENDED BUSINESSES
Worldclass Bitcoin Financial Services: https://nydig.com/
Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217
Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/
Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/
Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22
Buy Your Dream Home without Selling Your Bitcoin with Ledn: https://ledn.io/en/?utm_source=breedlove&utm_medium=email+&utm_campaign=substack