Crypto is what comes after Silicon Valley.
Some of the reasons why:

1) It has much more philosophical depth than tech. Can’t understand BTC without history

2) It has an international, remote-first, shared culture built around common memes

3) It is technologically harder than most web apps, which has a selective effect
4) It is an alternative to many legacy institutions

Wall Street → decentralized finance
Silicon Valley → decentralized protocols
Yale Law → smart contracts
Columbia Journalism → crypto oracles
Federal Reserve → algorithmic monetary policy
Harvard KSG → on-chain governance
5) It is far more risk-tolerant and genuinely rebellious than what SV has become over the last ten years...

...note, though, that SV is still an improvement over the legacy paradigm of getting an MBA. Far better to get a CEO degree.
6) It is truly international capitalism, and steps into the vacuum as America descends into nationalist socialism.

As such it’s what wins in the long run. Americans and Chinese don’t respect each others’ governments or currencies — but millions on both sides do hold Bitcoin.
7) It’s the best of the West — transparency, technical excellence, rule of law, equality of opportunity — yet set up in such a way that anyone who subscribes to those values can be part of it.

From imperfect proposition nations to engineered proposition currencies.
8) It’s also a wholly new way to develop and monetize apps. As different from the cloud as cloud was from desktop. With similar consequences for incumbents.

on disk →
online →
on-chain

zero servers →
centralized servers →
decentralized servers
9) It spreads the wealth more broadly than tech, which itself was a major innovation in terms of giving stock options to employees.

Crypto > equity > salary

...in terms of the ability to align more people towards a common goal.
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