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Coinbase Former CTO: Legal Identity Crisis Exists at Technical and Social Levels, Making Cryptographic Identity More Necessary

Summary: During the Token 2049 event, Balaji Srinivasan, former CTO of Coinbase, angel investor, and founder of Network School, stated that due to fiat currency inflation, everyone needs Bitcoin; and due to the identity crisis in legal identity, everyone needs cryptographic identity. Compared to legal identity, whether it is from a technological perspective such as identity ...

During the Token 2049 event, Balaji Srinivasan, former CTO of Coinbase, angel investor, and founder of Network School, stated that due to fiat currency inflation, everyone needs Bitcoin; and due to the identity crisis in legal identity, everyone needs cryptographic identity. Compared to legal identity, whether it is from a technological perspective such as identity forgery after the emergence of AI Deepfake technology, or from the social aspect of digital space and identity recognition, cryptographic identity is more necessary. For the current crypto community, identity is community, security, and territory.

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