Naval Ravikant: The Capital Play Behind Blockchain & Cryptocurrency

In one of the Talks at GS, Naval Ravikant, the founder of AngelList, describes how blockchain, and cryptocurrencies, in particular, are democratizing investments for broader groups. Ravikant estimates that in the short/medium term, blockchain technology will redefine how one can build a (network) company, without anyone being at the center. It will provide full transparency into the economy of a business, into actors, distribution of resources and energy, creating a merit-based rewards system.