How Does The World Function? w/ Patrick McKenzie

Follow Patrick: https://x.com/patio11/ About Patrick: Patrick grew up in the US and moved to Japan right after college. He worked for Japanese companies for six years. Concurrently with doing so, he founded a small software company and it took over his life. He eventually went full-time on that, ran a succession of small software companies, and after about ten years took at job working at Stripe. After six years of working there full-time he transitioned to being an advisor. He is currently on semi-sabbatical. (00:00) Intro (02:10) Who is Patrick? (03:15) What makes Japan different? Culture? (11:40) The foundations that the world is based upon that will never change (17:47) How do Institutions adapt to change? (25:20) Why are international payments so broken? (39:47) How can startups become Institutions? (46:37) How did Patrick meet @patrickc? (52:57) How are infrastructures built at the simplest level? (01:13:20) The Greatest Question. Enjoy!