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In this episode, Erik sits down with Balaji Srinivasan to discuss the Fiat Crisis, geopolitics, and the signs of decline for a hyperpower.
In this episode, Erik sits down with Balaji Srinivasan to discuss the Fiat Crisis, geopolitics, conspiracies, and the signs of decline for a hyperpower. Balaji is an angel investor, tech founder, philosopher, and author of The Network State. He was formerly the CTO of Coinbase. This riveting conversation is, in many aspects, a follow-up to his appearance on Moment of Zen (see links below). If you’re looking for an ERP platform, check out our sponsor, NetSuite: http://netsuite.com/UPSTREAM
Upstream is part of the Turpentine podcast network. To learn about sponsorships, email Erik@turpentine.co or head to www.turpentine.co
RECOMMENDED PODCAST:
Founding a business is just the tip of the iceberg; the real complexity comes with scaling it. On 1 to 1000, hosts Jack Altman and Erik Torenberg dig deep into the inevitable twists and turns operators encounter along the journey of turning an idea into a business. Hear all about the tactical challenges of scaling from the people that built up the world’s leading companies like Stripe, Ramp, and Lattice. Our first episode with Eric Glyman of Ramp is out now: https://link.chtbl.com/1to1000
ICYMI: Moment of Zen w/ Balaji Srinivasan: https://open.spotify.com/episode/6tk6DbkVhBlDp1hh8wzIEM?si=NA-oZU6NT7iNTKhX1ixoCQ
TIMESTAMPS:
(00:00) Episode Preview
(01:40) What is happening with the Fiat Crisis?
(08:52) Balaji’s equivalent premises
(11:07) God, State, Network
(12:45) Irrational adherence to principles
(15:12) Sponsors: Secureframe
(16:16) Hyperpower wars 1991-2021
(20:05) Economic conclusions
(23:12) Blue America is at war with the world
(28:30) Cancellation is a weak form of warfare
(32:35) Red vs Blue vs Grey America
(38:00) Make America states again
(39:47) America and India parallels in reverse
(43:10) Can America turn around after the next election?
(44:25) America and China and Russia | Microsoft and Facebook and Google
(46:55) How people react to Balaji’s China stance
(52:00) History between Russia and Japan
(57:25) Conspiracies
(01:04:35) Balaji’s predictions for 2024 & the Fed
(01:11:41) Replacing the Dollar network
TWITTER:
Balaji’s Twitter: @balajis
Erik’s Twitter: @eriktorenberg
Upstream : @upstream__pod
SPONSOR:
Please support our sponsors: NetSuite | Secureframe
NetSuite: http://netsuite.com/upstream
NetSuite provides financial software for all your business needs. More than thirty-six thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite: http://netsuite.com/upstream and defer payments of a FULL NetSuite implementation for six months.
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