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Dan Romero
@dwr.eth
Welcome to @balajis.eth! He’s kindly agreed to do an AMA. Reply with your questions. :)
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Vitalik Buterin
@vitalik.eth
What are some issues on which you disagree with the "median elite Indian" perspective the most?
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Vitalik Buterin
@vitalik.eth
What are some issues on which you disagree with the "median SV-based tech VC" perspective the most?
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balajis
@balajis.eth
Biggest is probably the continued bet of SV-based tech VCs on SF/CA/USA. I’ve come to understand though that this is a platform issue. It’s almost like people getting locked in to MySQL or Ruby. They have made a large collective capital investment in a jurisdiction. Changing that requires huge incentives. (cont.)
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balajis
@balajis.eth
Even if one may make arguments for going global, SV is doing what they know, which is fine. Fortunately, crypto isn’t just a source of tech, it’s also a source of capital. And in the next 1-2 run ups it may be the most liquid capital in the world, comparable to DC and Beijing-controlled capital pools. (cont.)
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balajis
@balajis.eth
Crypto can also fund more radical projects like life extension and decentralized AI tech that DC/Beijing may not like. So depending on how things go, it’s possible that we get “SV tech”, “Chinese tech”, and “crypto” as the American, Chinese, and global tech spheres respectively.
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