With growing activity and innovation around token-based network models, builders are wondering how to distinguish different types of tokens — and which might be the best choice for their business. At the same time, both consumers and policy makers
Pricing is a common conundrum for marketplace builders. Many marketplaces heavily subsidize user activity to bootstrap initial growth and liquidity — giving their product or service away for free (or at a steep discount). But that’s not sustainab
Users, entrepreneurs, and investors are harnessing bitcoin’s “workaday utility” in Argentina, a place where bitcoin is arguably more widespread among everyday people than anywhere else. What conditions led to this? Is it indicative of what may happen someplace else? Or is it just an isolated case or even a stopgap?
In this episode of the a16z Podcast, NYT journalist Nathaniel Popper, author of the new book Digital Gold on the “inside story of the misfits and millionaires trying to reinvent money”, shares his insights on the phenomenon taking place in Argentina; what lessons other countries should (or shouldn’t) take away from it; and why email is the best analogy for email. And why the people behind bitcoin really do matter … especially because — not in spite of! — bitcoin being a “blank slate” to build on top of.