Summarizing Balaji's DeFi Matrix

Jan 28, 2022

Core ideas taken from Balaji Srinivasan’s appearence on the Tim Ferris Show

What is it?

What it allows

How is this different from existing markets?


Google News indexed all newspapers and made every local newspaper compete against every other. This killed newspapers that didn’t do real reporting. The DeFi matrix will make every digital asset compete against every other. It will work as a check on the power of institutions that control fiat.

What’s so big about this?

How Proof of Work enables Decentralized Consensus

NFTs *are* copyright

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