Menu
Sign In Search Podcasts Libraries Charts People & Topics Add Podcast API Blog Pricing

Balaji Srinivasan

πŸ‘€ Speaker
2887 total appearances

Appearances Over Time

Podcast Appearances

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

It was also a good post, actually.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

Hold on, let me show you this.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

There's a...

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

The reason is, you know, I got to thinking about how would you actually adjudicate truth.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

If you just take a look at this, this is my kind of, you know, Twitter thread on it.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

If you look at this post, this is from 2020, right?

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

You see where it says, the ledger, did you see it on screen?

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

This one?

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

Yeah.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

Yes.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

The set of all crypto... ...is of on-chain data.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

Social media feeds, data APIs, event streams, newsletters, RSS.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

It'll take years to build, will ultimately become the decentralized layer of facts that underpins all narratives.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

Closer to this, if you scroll down a little bit further, right?

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

So click that.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

If you just click into that, right?

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

So right now, people were thinking about this in terms of payments...

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

mail payments, back-end system, bank payments, market data, events data.

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

But obviously, polymarket, all these prediction markets, they need to have news data on-chain, right?

The a16z Show
Balaji Srinivasan: Prove Correct, Not Just Go Direct

Take all these on-chain for trading purposes, but you need them for other purposes as well.