Balaji Srinivasan argues that in the era of AI, money will become cryptocurrency, providing digital scarcity to complement AI’s digital abundance. “AI is digital abundance but it doesn’t make everything abundant. Crypto is digital scarcity and complements AI’s abundance. So money after AI is crypto,” he detailed. ‘Money Itself Becomes Cryptocurrency’ Balaji Srinivasan, a prominent […]
Balaji Srinivasan, former CTO of Coinbase, recently shared his insights on the global economy and the future of the U.S. dollar on social media. He discussed the concept of dedollarization, suggesting that China and other countries are moving away from U.S. debt and investing in gold instead. He argued that this shift could potentially lead […]
Balaji Srinivasan, venture capitalist and former CTO of Coinbase, has highlighted the real purpose of Bitcoin and its implications for geopolitical and financial issues. Srinivasan stated that Bitcoin at its core is a “political revolution,” because it challenges the centralized states’ business model, and the change brought by it will be fought by states who […]
The sanctioning of U.S. spot bitcoin exchange-traded funds (ETFs) heralds a transformative shift from a century-long dominance of centralized monetary systems to the emerging realm of decentralized finance, as opined by Balaji Srinivasan, a distinguished figure in technology and the crypto industry. Srinivasan equates this shift to a reversal of the historical Executive Order 6102, […]