Chris Dixon

speaker
4,223 appearances 8 recordings 1 series first heard Feb 2025 last heard 1 Aug

Chris Dixon’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 3 in all, peaking in Aug 2026 with 1.

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Stablecoins or tokenized stocks or dollars on blockchains rivals the size of the Visa network, trillions of dollars transacted.
If you have a dollar of that stablecoin, there is a dollar sitting in the bank, and that's why the Clarity Act working its way through the Senate is so important.
Well, as Mark was saying, at the time, way back sort of 2014 in the early days, it was mostly kind of hobbyists and, you know, super enthusiasts and kind of a subculture cultish thing.
The technology was, you know, Bitcoin was sophisticated, but a lot of the things Mark alluded to, like kind of the newer blockchains,
were early, had performance issues, scaling issues, other kinds of things.
Fast forward today, you know, every day you'll see a new announcement from a major bank or fintech company announcing a platform involving stablecoins or tokenized stocks or other kinds of digital assets.
The stablecoin volume, so, you know, stablecoins, for those who don't know, are basically what Mark described with Bitcoin, except they're dollars on blockchains.
that that is now a you know rivals the the size of the visa network trillions of dollars transacted you can go into whatsapp and send money anywhere in the world uh for almost free in the same way you'd send a text message um using stable coins it's you know really the way money should work it was i think mark mark could speak to this as one of the pioneers of the internet but i think
was one of the kind of ideas that early internet pioneers expected to happen, honestly, much sooner.
And for a variety of reasons took a lot longer, but we're now finally kind of seeing that dream come alive with money moving as easily as bits.
So now it's a very mature industry.
The technology, the underlying infrastructure has gotten much, much more sophisticated.
Even three years ago, what I just described might cost a couple of dollars, if not tens of dollars, to do that transaction.
Now, on most of the popular blockchains, Solana, Ethereum, and so forth, it's sub one second to settle the transaction, sub one penny to send something.
And that's due to kind of the equivalent of Moore's law on blockchains, which is you've gotten sort of more and more performant chains.
You know, you read about hacks and things in the newspaper about crypto.
The reality is Bitcoin has never been hacked.
Ethereum has never been hacked.
Organizations that use these things have had lax security and have been hacked.
But the chains themselves, highly secure, highly performant now.
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