Crypto World

topic on 2 shows · 2 statements across 2 episodes

We Live to Build the a16z Podcast

2 statements about Crypto World, every show

Weisbrot: Crypto cycles follow a pattern of money grabs, crashes, then utility
“The first time anything happens in the crypto world, it's like a money grab and then there's a crash. And then people start to think about what it could actually be used for. And while that's being built, people are already moving on to the next money grab, ri…”
Sean Weisbrot Aug 30, 2022 ▶ 11:34 A Top Computer Scientist Got Drained in Seconds From a Discord Link
a16z Insight
Shirley: Fiat and crypto conflict over transaction reversibility, enabling fraud
“That the traditional fiat world of finance and the crypto world of tokens, they do not play nicely with each other. One of them has a presumption that every transaction is undoable. The other has the presumption that no transactions are undoable. And that open…”
Dieter Shirley May 21, 2021 ▶ 8:47 NBA Top Shot and the Flow Blockchain

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