American entrepreneur and investor. Co-founder of Counsyl and former CTO of Coinbase. Former general partner at Andreessen Horowitz.
Clip from @TomBilyeu and @RayDalio's excellent interview here, which has racked up >2M views in two weeks.
Good piece — and towards the end you did guess part of the model I had in mind. Namely that it’s possible for economic contraction to coincide with capital flight to a more stable currency. For example, in Argentina the dollar-to-peso rate increased ~3X even as the banking…
Interesting analysis that reminds me of Lanchester's laws. If you have two militaries that are trying to economically attrit each other, you can't just compare raw budgets. You also need to account for replenishment costs in PPP terms, counterweapon matchups, etc. Model here: