ClaimsBalaji Srinivasan

“The most important thing, from my standpoint, is the level of choice you’re going to have is going to be dramatically increased because the blockchain makes it much easier to startup a competitor and raise up your own shingle as a new financial outlet.”

Balaji Srinivasan, interviewee 25 April 2018 Balaji Srinivasan on the Power and Promise of the Blockchain (Ep. 39) (Conversations with Tyler) archived copy

Prediction Economics and markets

Consumer choice in financial services will increase dramatically because blockchain makes it easier to start a competing financial outlet.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

Reasoning

Vague prediction with no horizon and no defined measure of 'dramatically' increased consumer choice.

Cite this claim

Balaji Srinivasan, “Consumer choice in financial services will increase dramatically because blockchain makes it easier to start a competing financial outlet.” (said 25 April 2018). Verdict: unresolvable. Reliability API, claim c_1b85da78ba7e, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_1b85da78ba7e

This claim is in dataset release v1.1.2, with the same verdict.

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For Balaji Srinivasan, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More prediction claims by Balaji Srinivasan

  1. Mixed Prediction 30 March 2020
    “When checks hit, people will spend on consumer staples.”

    When US stimulus checks arrive, people will spend them on consumer staples, after which prices will rise.

  2. Mostly true Prediction 13 March 2020
    “So this is going to do is it's going to force everybody to look at remote work as not a auxiliary, but as a primary.”

    The pandemic will force everybody to treat remote work as primary rather than auxiliary.

  3. Mostly true Prediction 13 March 2020
    “And so this is going to be a gigantic shot in the arm for every diagnostic company in the world, every medical imaging company.”

    The pandemic will be a gigantic boost for every diagnostic and medical imaging company in the world, with defense-budget-level spending.

  4. Resolved true Prediction 13 March 2020
    “Well, I think it's definitely going to cause at least a recession, but likely something more severe than that.”

    COVID-19 will cause at least a recession, likely something more severe.

  5. Mostly false Prediction 25 April 2018
    “I think that’s going to structurally reduce fees over the years to come.”

    Blockchain payment rails will structurally reduce financial fees over the coming years.

All of them

Verdicts are made automatically; how verdicts are made.