Tech visionary Balaji Srinivasan, former general partner of Andreessen Horowitz and CTO of Coinbase, argues that politicians have failed to understand the true nature of the internet. He believes that the internet has become a global field for collaboration and competition, and that politicians' ideas about the internet have not adapted to this new context. Srinivasan suggests that China and cryptocurrency are the only ones who have correctly recognized the impact and opportunities of the internet. China, with its Great Firewall, focuses on vertical integration and limiting access to global websites, while cryptocurrency aims to create secure software that can run on every computer in the world. Srinivasan sees China as representing nationalist socialism and crypto as representing international capitalism. Additionally, Srinivasan claims that both Bitcoin and AI have entered vertical phases of their adoption curves, with Bitcoin potentially growing faster than the internet did in terms of global adoption.



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