Well… is it good for someone with no experience in allocating capital to suddenly be put in charge of allocating billions?Also, it’s not clear that career politicians actually have less in the way of conflicts-of-interest than businessmen. Career politicos have many interest groups to propitiate.vasanth (@NextVasanth):@balajis isn’t the implicit point that political billionaires are not professional capital allocators, so they would allocate their budget based on a different set of principles (not maximizin ...

POLITICAL BILLIONAIRESThe clip below is a good encapsulation of what modern China is by Eric X. Li, who’s one of the most thoughtful Chinese nationalists.I appreciate his description, because the Internet is the exact opposite. Because on the Internet, capital (in the form of Bitcoin, and more generally smart contracts) really does stand above any given state.The negative way of framing this emerging reality is that Internet capitalists are now above national governments. The positive way of framing it is: ...

When Bitcoin wins...0:00 It ends the Fed02:10 Payments become packets3:30 Keynesianism falls like Communism4:20 Real estate falls in real terms5:40 Fiat billionaires get flipped6:20 Money printer runs out of toner7:50 The battle begins...10:00 ...and it's time to build https://t.co/D5nSUQaJJM ...

RT Bitcoin Magazine (@BitcoinMagazine)JUST IN: Former Coinbase CTO Balaji Srinivasan says, “When #Bitcoin wins, real estate falls in real terms.”“People stop using houses as an investment and they invest in BTC.” 🙌 https://t.co/DE3lBtfh06 ...

Key Personnel - Balaji played a crucial role in launching USDC on Coinbase's platform as CTO [1] Cryptocurrency & Technology - Coinbase launched USDC [1]

Technology & Innovation - Coinbase's CTO, @balajis, previously developed a precursor to x402 using Bitcoin [1] - The vision is now more feasible due to near-free transactions on @base, widespread stablecoin adoption, and the emergence of AI agents [1]

RT Brian Armstrong (@brian_armstrong)Fun fact: as CTO Balaji was the person most responsible for driving the launch of USDC on the Coinbase side.Here's the launch video: https://t.co/PPpVUJghZD ...

There's a new popup village in Patagonia.It's open from Oct 18 to Nov 15.I'll be giving a remote talk.And many others will be there in person.Come by if you're interested in startup societies.You can sign up at https://t.co/fIt4wWmiYs.Edge City (@JoinEdgeCity):A little slice of San Martín de los Andes to start your day ☀️Our home for Edge City Patagonia (Oct 18-Nov 15), a popup village at the frontier of tech, science & society. https://t.co/k5ZAnMtx2N ...

From @some_one_else.sv.dime (@some_one_else):unexpected view on timezones. inspired by @PeterMcCormack x @balajis https://t.co/GTT1Kb3mOR https://t.co/pDmlgY9MXj ...

I don’t personally time my posts.But if you do, this is interesting. https://t.co/KNmTh58YT6 ...