Acquired / episode intelligence
Speakers in the public record
Claim mix
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
45 published records
01 / belief
“Before we move on to the story here, I think there's a couple of little rabbit holes I want to go down.”
02 / commitment
“Twenty-five years before the Mackintosh I will take it, 35 years after the Mackintosh maybe it's weird that it's still the system.”
03 / uncertainty
“Over a million transactions, almost 150,000 unique buyers, and almost 4000 unique sellers used the platform over this period of time. They transact almost 10,000,000 Bitcoins, which I don’t know how many Bitcoins were in circulation at that time.”
04 / observation
“There's got to be an easier way for them to buy-in to the system, so to speak. The way to do that is through exchanges.”
05 / belief
“Ethereum and its derivatives—probably in my view right now—stand the best chance of building that layer.”
06 / observation
“Our monetary supply and our entire banking system exist in a very intentionally coupled manner with our government. It's not like it would ever be in the US government's interest to be you're right, a decentralized thing would be the way to go because it removes so much of the power of the US government, frankly the US as a nation.”
07 / belief
“The second theme I wanted to highlight—which is smaller and also sort of tarnished because of the ICO thing, but is I think brilliant and new about crypto and new crypto projects—is if you can reward and incentivize usage of your system by value within the system itself like with the mining set up, the rewards for mining are Bitcoin.”
08 / belief
“I think the last thing to talk about in power that I should have talked about when you were talking about network economies, is again, going back to this comparison to the US dollar.”
09 / uncertainty
“I've taken some money off the table in the run-up, but then after the crash, which happens at the beginning of 2018. I was like, I don't know.”
10 / belief
“I think New Zealand is on the rise, but it's hard to think of other governments where trust isn't going down around the world right now.”
11 / uncertainty
“There's also the question—I certainly haven't done the work to know, I don't know if you have—of how much energy and emissions does the traditional finance system produce.”
12 / belief
“David, as we catch up today, I want to point out there's one institutional firm, Paradigm, that is cofounded by (I think) Fred Ehrsam and Matt Huang.”
13 / uncertainty
“I was going to say, dude, I don't know totally for sure that it's the single greatest decade investment return in human history, but it kind of has to be.”
14 / belief
“David, I think that's a really interesting concept and a little counterintuitive where he's basically saying, well, in a third party system where you have a Mint or The Federal Reserve, you send that information to them and they keep track of it.”
15 / belief
“I think that's where you start to get into this daydreaming about finally a currency for the internet.”
16 / commitment
“We will definitely talk about those in the future. But in 2017, people realize, man, this is a money machine.”
17 / belief
“I think the other dimension to this question is, not that we're going to be capable of or choose to talk about a certain side here, but it’s just a political side of this.”
18 / belief
“I think eventually they did shift to an eBay style business model, like a traditional marketplace taking a cut of every transaction.”
19 / belief
“People are perceiving that to be the case with Tesla. But I think the point you're making is that like, oh my gosh, look at this.”
20 / uncertainty
“The paper is also written in we. Whether that’s the royal we, I don’t know. But they keep saying we propose the following solution.”
21 / belief
“I think that’s a lot of Ethereum. We'll talk about that when we do Ethereum someday.”
22 / uncertainty
“The accusation was that he had tried to pay—I don’t know if it was through Silk Road or through other darknet sites—to have people killed who he thought were after him.”
23 / belief
“I think the biggest change that Satoshi did not foresee that will need to happen is the one that's going on now and the one that hasn't really been implemented yet where Bitcoin was initially created to replace the payments layer on the internet, first and foremost, and create a low transaction cost payment system with no fraud.”
24 / belief
“Hopefully, I think what we've laid out on this episode is that with Bitcoin, it is the same.”
25 / commitment
“Indeed we will. That was fun. We're getting ahead of ourselves for sure. Of course, we're talking Bitcoin and of course, we're talking about the limitations of the traditional financial system, which to be clear is amazing and is one of the most incredible developments of human history.”
26 / belief
“We'll get into this and grading and how it's performed across different dimensions. But I think most people—certainly all the institutions that are coming into Bitcoin right now—are not thinking about it as versus USD.”
27 / observation
“The only way you're doing it at this point is with dedicated hardware and a data center in a very special location.”
28 / uncertainty
“We could have another crash, we don't know, but this crash is still $10,000 above the previous high.”
29 / belief
“I think what's cool is it even applies at the technical level too with this idea of the amount of computing power that has gone into maintaining and making robust the Bitcoin network over time is itself a compounding asset.”
30 / belief
“I think like many of our playbook themes if you are starting a startup David and you came to me and said, I'm going to eventually do this thing.”
31 / belief
“In my mind—we can disagree about where we are in this—there's still upside to gold.”
32 / uncertainty
“We’re just a platform. We don’t know what happens on the platform, we’re just a platform.”
33 / belief
“I think the listeners, you make the call of whether you think that all of this utility that this new monetary system has brought, is it worth it if we race toward raising the global temperature by one or two degrees Celsius over the next 10 or 20 years.”
34 / uncertainty
“Of course, the caveats abound here that David and I don't know jack about quantum computing except maybe it'll be a big leap forward in the amount of computing per square inch, per square watt, or whatever.”
35 / belief
“I think a grade is actually pretty poor here relative to the initial intentions.”
36 / evaluation
“Because then, if it’s a group of people, then there’s obviously no way that they would slip up and expose personal information.”
37 / evaluation
“Pretty amazingly, two different groups of people took this idea and turned it into this public/private key discovery right around the same time—1973 in Britain—but they kept it a secret because they wanted to use it for defense because it’s freaking brilliant that you have the notion of transmitting messages in a more secure way on the battlefield.”
38 / evaluation
“I take that bitcoin, which is a hash that has all the other signatures that came before it in there.”
39 / preference
“Sure, we've layered on all kinds of crazy hacks over the years to make it work the way it does, but I'm a fan of it continuing to operate the way that it does without breaking.”
40 / evaluation
“Six and a quarter, yeah, because it halves every time, which of course we will talk about how bitcoin is not an inflationary currency but it has a finite number.”
41 / evaluation
“Because I’ve had my credit card stolen probably 3 or 4 times over the past 10 years.”
42 / commitment
“Today, David and I will dive into the complete history behind the creation of Bitcoin, by the pseudonymous Satoshi Nakamoto, the different factions that pushed it to evolve to its several chapters since 2009 into the mainstream today.”
43 / evaluation
“I think that's one of the reasons why it took 50 plus years to build up the network of credit card, merchants, and consumers in America—whether that's Visa, MasterCard, American Express, and the like because, yeah, there are some good things here but there are some really bad things to this system too.”
44 / preference
“In fact, I have learned way more researching in the last two weeks and really preparing for this episode than I ever knew when I held more Bitcoin than I currently hold right now.”
45 / prediction
“Many computers are doing the same work because they're voting by doing the work, which will have environmental consequences that we’re going to talk about just before grading.”