Jeff Park
๐ค SpeakerAppearances Over Time
Podcast Appearances
You know, it's a good way to put it.
I think it's competition maximization, but I also think it's productivity maximization.
Yes, yes.
And if you think about productivity, it's like a kinetic energy, right?
It's kind of this idea of translating your battery into growth.
And so it's like kinetic energy maximization is tech.
And you got Bitcoin, which is kind of like the opposite.
I'd say it's like potential energy maximization, right?
It's like a store of wealth.
And so Bitcoin has no interest in having any kinetic power.
It just wants to store really well.
And so what you see is the barbell, the approach of maximization is a great word.
It's a pick a lane and maximize your factor.
And Bitcoin is potential energy and tech is kinetic energy.
And I think the great myth is that you can occupy the space in the middle where you can make these trade-offs for kind of half of each.
And I think that's just not...
really humanly plausible, right?
Because the dream of Ethereum, which I think there's rooms to believe in, it requires so many things to work towards against the interest of their own.
And humans are not really good at doing things against their own interests.
And so even when you talk about building like a global settlement layer, the idea of like decentralizing away your authority, especially if you think you have a little bit of a dominant edge versus others, is a very like...