“I want everyone in the world to have a private key built into their phone that is secure and that they can use for arbitrary financial movements, whether those are payments or investments and that they can do so across any application. And I have a high degree of conviction that will be true. Maybe not in five years. I may be too optimistic on timeline. Maybe it's 10.”
quote is from the automated transcript, cleaned for reading:
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More from Kyle Samani
Opinion
Samani: Bitcoin is nonsense and not an inflation hedge
“No. Bitcoin is nonsense. It does not, there are so many ways to, you can choose to have a productive asset or a nonproductive asset. And then there are many assets that are naturally good hedges against inflation. The obvious of which is like Walmart and Amazo…”
Kyle SamaniJul 22, 2022▶ 47:35Kyle Samani: Why Bitcoin is Not a Hedge Against Inflation | 20VC #909 · 20VC with Harry Stebbings
Opinion
Samani: Bitcoin has no productive value and produces no economic utility
“Bitcoin is a strictly financial construct. Bitcoin has no economic value. It has, it is no, it's not productive. Excuse me. Bitcoin is no productive value because it doesn't do anything. It's an asset. There are some interesting properties of that asset, but i…”
Kyle SamaniJan 8, 2024▶ 22:51Crypto Roundtable with Nick Tomaino & Kyle Samani: US Elections, NFTs, and Trump | E1100 · 20VC with Harry Stebbings
Opinion
Samani: XRP, Cardano, Litecoin, and Bitcoin Cash are garbage lacking substance
“I mean, look, there's a lot of assets in the top 10 that most people who are sophisticated retail market participants view as, you know, garbage, XRP, Cardano, Litecoin, Bitcoin Cash, etc. I cannot explain to you how those assets are trading nine, 10 figures a…”
Kyle SamaniJan 8, 2024▶ 48:27Crypto Roundtable with Nick Tomaino & Kyle Samani: US Elections, NFTs, and Trump | E1100 · 20VC with Harry Stebbings
Opinion
Samani: Solana poses a credible threat to Ethereum's dominance
“Solana is a credible threat to Ethereum and people, they don't like it when they think that they're, you know, their investments they hold have faced a credible threat.”
Kyle SamaniJan 8, 2024▶ 10:42Crypto Roundtable with Nick Tomaino & Kyle Samani: US Elections, NFTs, and Trump | E1100 · 20VC with Harry Stebbings
PredictionOpen · timeframe Nov 2024
Samani: Donald Trump will be in jail before the 2024 election
“My assumption is he will be in jail before the election, so I don't know if you can.”
Kyle SamaniJan 8, 2024▶ 44:50Crypto Roundtable with Nick Tomaino & Kyle Samani: US Elections, NFTs, and Trump | E1100 · 20VC with Harry Stebbings
Disclosure
Samani: In crypto venture deals, equity will be worth nothing
“Mechanically speaking, with a lot of the private round market deals that get done these days they're legally structured as SAFs, excuse me, as SAFs with token warrants or equity rounds with token warrants, but the primary asset that we believe will have value …”
Kyle SamaniJul 22, 2022▶ 8:41Kyle Samani: Why Bitcoin is Not a Hedge Against Inflation | 20VC #909 · 20VC with Harry Stebbings
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