Former Coinbase CTO post: Bitcoin becomes a technology banner

Former Coinbase CTO and Silicon Valley top venture capital a16z general partner Balaji Srinivasan wrote an article entitled "Bitcoin Becomes a Technology Banner" in honor of the 11th anniversary of Bitcoin's birth. According to the article, Bitcoin (and more generally cryptocurrencies) allows us to transcend its implicit meaning by expressing value in a piece of code, which is also an investment tool. The code talks to developers, its advantages attract investors, and its intrinsic value communicates with both. If you believe in these values, you tend to buy Bitcoin. Srinivasan went on to say that Bitcoin is "an ideological banner and Schelling point (note: people's tendency to choose without communication in game theory)." So in essence, Srinivasan refers to "the symbol of bitcoin as a symbol of consciousness."