Former Coinbase CTO: “I don’t think any crypto can compete with Bitcoin”162

Balaji Srinivasan, the former CTO of Coinbase and general partner at Andreessen Horowitz, believes that the “blockchainification” of every major web app is the obvious investment strategy for the next 10 years. Srinivasan shared his thoughts on the future of blockchain in a lengthy Twitter thread, revealing that the decentralization of everything is “inevitable.”

Srinivasan pointed out that “newer” technologies such as email, GPS, online maps, smartphones, and video streaming are no longer new and have become a new normal for everyone. As a serial investor, he often thinks about ways in which a tech product can be disrupted, and decentralization almost always seems to be the answer.

Original source
https://cryptoslate.com/former-coinbase-cto-i-dont-think-any-crypto-can-compete-with-bitcoin/

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