Thread by @liron

Another day, another friendly interview helping @a16z get their crypto "thought leadership" out there: econtalk.org/marc-andreesse…

I took notes so you don't have to listen to the hour 👇

24:57: When asked about blockchain use cases, Marc says with a laugh, "I live in the future, so for me [crypto's use cases] have already happened"

And supposedly those use cases are...

1. Currency and store of value
2. DeFi
3. NFTs
4. Gaming
"And dozens more in the pipeline"

30:58: "Video games have always been either something that you pay to play... or you get ads...

...There's a completely new model... video game as its own economy. Economic activity in the game is actually real: magic sword, magic cloak, castle, house...

And maybe these items and artifacts also become portable across games"

32:10: Russ asks, why does it have to be cryptocurrency in these games instead of fiat?

Marc answers with a 3-minute talk about how "most of the world doesn't have a stable currency".

(Russ didn't ask why haven't we already at least seen this happening with fiat in US market.)

42:00: Russ gets excited when Marc abstractly claims that "Now we finally have the technology to drop a trusted environment on top of the untrusted internet"

44:45 Vision for web3 social: "a decentralized permissionless non-company alternative... messages & publishing... voting on policies... digital tokens attached to activity... ability to fork a new version... interoperate... an internet-native way of structuring economic activity"

1:12:39 "Who knew you could land a rocket on its butt? I don't know about you but that legit took me by surprise... I would not have assumed... you know, maybe a parachute... but no, you can actually guide the rocket and land it on its rear end and it stays upright."

Amen.

That's all. Overall not much new here for anyone who's been following the tech space.