Bitcoin, every mention
225 scenes (2019), the whole family · ← back to Bitcoin
every year 2019 anyone Chris Dixon 169Michael Copeland 72Balaji Srinivasan 70Adam Ludwin 54Brian Armstrong 49Ali Yahya 47Dan Boneh 43Linda Xie 42Sonal Chokshi 41Olaf Carlson-Wee 39
Verbatim, from the transcripts: the passages where Bitcoin comes up
Imagining Our Future Through Tech
- ▶ 9:52 Frank Chen Now, the fans can get paid instantly for giving this feedback, and that you can, they can choose to get paid in a cryptocurrency like Bitcoin or Libra, or they can also choose to get paid in influencer coin.
- ▶ 11:44 Frank Chen Once the orders start coming in, the supply chain will get rewarded and they too can choose to get paid in Bitcoin or influencer coin.
Blockchain in War Zones
- ▶ 0:00 Alex Pruden I ended up reading the Bitcoin white paper, and I was completely captivated because what I read to me represented an opportunity to use this technology to address some of those underlying issues that I've witnessed during my military…
- ▶ 0:53 Alex Pruden How did you go from Baghdad to Bitcoin?
- ▶ 12:37 Alex Pruden So this was on my mind right around the time I learned about Bitcoin. 3 times in the scene
What's Next for the Internet?
- ▶ 13:49 Chris Dixon If 20 years ago, someone invented Bitcoin, you'd have like a couple New York Times articles quoting some Yale economists.
- ▶ 29:28 Chris Dixon Like, it's still not quite there, but it's very, very close, and the, if you, if you go, and same with the crypto blockchains, like, it's slow, and Bitcoin has its issues, and everything, it's not quite there.
- ▶ 34:27 Chris Dixon Now that getting that message out, like it is very hard, um, because there's a lot of like negative, uh, uh, I think misunderstandings around, you know, going back to Bitcoin and crypto in general, and like, it's actually like a very kind…
Product Zeitgeist Fit and the Next Big Thing
- ▶ 5:05 D'Arcy Coolican And if you don't believe me, look at the Genesis block of Bitcoin.
Making Culture, Making Influence -- Dapper Dan in Silicon Valley
- ▶ 37:06 Ben Horowitz You hear that, you need to take Bitcoin, Venmo, something else, don't take that certified check.
Decentralized Applications: What's Now, What's Next
- ▶ 3:10 Arianna Simpson Whereas, um, as was mentioned earlier, Ethereum can process about 15, Bitcoin about seven, and that's kind of under ideal conditions.
- ▶ 5:03 Arianna Simpson So the Lightning Network was initially conceived of as something that could help scale Bitcoin by basically creating these bi-directional payment channels. 2 times in the scene
Taking Crypto Beyond Volatility: Stablecoins
- ▶ 2:06 Sep Kamvar The example that I like, I love to give here is, um, the first purchase in Bitcoin was in 2009, and it was for a pizza.
- ▶ 4:46 Sep Kamvar They wanted to get in and out of Bitcoin reasonably quickly, um, but it was difficult to get in and out of Bitcoin when you had to convert to dollar, wire it to a bank account, and then wire it back.
Security and Privacy for Crypto with Zero-Knowledge Proofs
- ▶ 3:54 Zooko Wilcox So when Satoshi Nakamoto was inventing Bitcoin, he tried to figure out how to add encryption into it, and he couldn't figure it out.
- ▶ 4:49 Zooko Wilcox But when Bitcoin came along, it still wasn't practical.
- ▶ 8:46 Zooko Wilcox Zcash is just like Bitcoin, except that 4 times in the scene
The Architecture of Crypto Innovation
- ▶ 1:59 Neha Narula The answer was a new form of digital value transfer called Bitcoin.
- ▶ 2:53 Neha Narula So, uh, early the next year, Satoshi released running code, and people started running what is now known as the Bitcoin blockchain. 3 times in the scene
- ▶ 4:14 Neha Narula Because what came out of Bitcoin is a new way of thinking about how to build systems. 2 times in the scene
- ▶ 6:53 Neha Narula In 1999, 10 years before Bitcoin, an algorithm called Practical Byzantine Fault Tolerant Consensus was formulated at MIT by Barbara Liskoff and her student Miguel Castro, and interestingly enough, though industry didn't really take this… 2 times in the scene
- ▶ 8:09 Neha Narula What we saw with Bitcoin was a new type of environment. 3 times in the scene
- ▶ 9:59 Neha Narula It's producing Bitcoin and securing the blockchain network from electricity. 4 times in the scene
- ▶ 13:27 Neha Narula In Bitcoin, it's transactions.
- ▶ 17:10 Neha Narula So we have something like Bitcoin on the far left. 10 times in the scene
- ▶ 21:06 Neha Narula And we saw this happening when Bitcoin forked. 2 times in the scene
- ▶ 23:25 Neha Narula Bitcoin doesn't scale. 4 times in the scene
Social Networking in 2030: How Could Crypto Change Things?
- ▶ 7:14 Chris Dixon So you can give, if you look at how Bitcoin and Ethereum work, one of the very interesting things is that the early users, whether they were kind of end users or developers, many of them, uh, own tokens or earn tokens to their…
- ▶ 9:13 Chris Dixon And that's, I don't think this is explicitly the kind of design in something like Bitcoin.
- ▶ 11:05 Chris Dixon Um, and so, one of the great things with crypto is you'll see, like, so for example, in the Bitcoin, Ethereum community, you'll see these debates all the time about how the system should be governed, and what are the best mechanisms to…
Founding Stories: Anchorage
- ▶ 8:11 Diogo Mónica So we became maintainers of the Glacier Protocol, which is the golden standard for individual custody of Bitcoin. 2 times in the scene
- ▶ 12:19 Chris Dixon Um, and so these are, these are, you know, sort of moving beyond, uh, the Bitcoin kind of concept where you just simply have the keys,
- ▶ 20:58 Chris Dixon I mean, we're big fans of Bitcoin, but everyone talks about the person who bought, you know, the pizza with Bitcoin that would now be worth the million dollars. 2 times in the scene
Seven Trends in Blockchain Computing (Spring 2019)
- ▶ 0:35 Olaf Carlson-Wee So I was in college when I got into Bitcoin 5 times in the scene
- ▶ 1:23 Olaf Carlson-Wee And, um, I really did right away sort of like buy as much Bitcoin as I could. 8 times in the scene
- ▶ 4:29 Chris Dixon So just to explain to people, so Bitcoin, uh, comes up with this new kind of architecture that, that I think of as, I think it's frankly mischaracterized today as ledger. 5 times in the scene
- ▶ 6:52 Chris Dixon There was kind of the first era, which was Bitcoin, but it was sort of the main, the only thing really in that first era, one of the only things.
- ▶ 8:10 Olaf Carlson-Wee So, so to me, um, Bitcoin and Ethereum, um, and maybe, you know, very much intentionally, um, have not had formal systems to upgrade themselves. 5 times in the scene
- ▶ 14:03 Olaf Carlson-Wee And I'm just like there's people trying to attack Bitcoin all the time, right? 4 times in the scene
- ▶ 19:37 Olaf Carlson-Wee So like early use cases for Bitcoin that people talked about a lot is basically cost savings of remittance or, um, cost savings of, of micropayments or something like that.
- ▶ 33:28 Olaf Carlson-Wee So even e-commerce with something as volatile as Bitcoin, you said like the one hour you wait until you have to actually close and receive those Bitcoins. 2 times in the scene
- ▶ 38:57 Chris Dixon Um, you give them, like, the Ethereum white paper, the Filecoin white paper, whatever, you know, just a bunch of the Bitcoin white paper, and they come back and they're like, 2 times in the scene
Towards a Decentralized Storage Network for the Blockchain Computer
- ▶ 5:52 Ben Fish Bitcoin, Ethereum. 4 times in the scene
- ▶ 16:33 Ben Fish We look towards something like Bitcoin as an example of a system that, you know, incentivizes the collective effort of many different nodes in 2 times in the scene
- ▶ 18:12 Ali Yahya And so I think the insight that you are articulating now is that sort of in the world of Bitcoin, the security of the system comes from the computational power of the participants. 6 times in the scene
- ▶ 41:26 Ali Yahya In the case of Bitcoin, for example, that's much more difficult because no one other than people who are already mining Bitcoin, presumably, have access to that hardware.
- ▶ 45:49 Ben Fish Amazon could, if they really, really were incentivized to take down, um, you know, a decentralized storage network that was running a Bitcoin-like system where the proof of work was now proof of replication.
- ▶ 49:41 Ben Fish Uh, we've been talking about, you know, incentivizing distributed file storage, and we even mentioned, uh, you know, Bitcoin as an example of a decentralized, uh, file storage network in the sense that all the miners in Bitcoin are… 3 times in the scene
Five Open Problems for the Blockchain Computer
- ▶ 5:25 unnamed speaker Um, and then we compare those things with things like, well, how many Bitcoin transactions can clear? 7 times in the scene
- ▶ 22:51 unnamed speaker So if I could restate that, it sounds like in Bitcoin with its proof of work, I had to bring electricity 3 times in the scene
- ▶ 39:01 Ali Yahya So I think the most obvious one began with Bitcoin. 3 times in the scene
- ▶ 50:02 Ali Yahya The canonical and sort of initial approach was out of Bitcoin, which is that 3 times in the scene
Security Markets: The Lay of the Land
- ▶ 3:59 unnamed speaker Within a couple of hours, they had run up about 500,000 dollars of AWS compute charges as people tried to mine Bitcoin.
a16z Podcast | Cryptonetworks as Emerging Economies (Done Right?)
- ▶ 3:39 Chris Berniske And so we've really seen Bitcoin prioritize security or Ethereum.
- ▶ 11:47 Joel Monegro But I also don't think we're heading to a world where you buy your coffee with Bitcoin.
- ▶ 32:02 Jesse Walden And that's very much the governance model of Bitcoin and Ethereum today. 2 times in the scene
- ▶ 38:29 Chris Berniske And we saw that with Bitcoin. 2 times in the scene
a16z Podcast | Voting, Security, and Governance in Blockchains and Cryptonetworks
- ▶ 7:48 Phil Dayan When Satoshi released his white paper in O-Nine, and academics first started looking at Bitcoin and its success and its rise, and asking, like, what is actually the interesting lesson to be learned here from what we've been doing for the… 5 times in the scene
- ▶ 24:24 Phil Dayan An example of this is Bitcoin.
- ▶ 30:02 Ali Yahya Whereas in the case of a network, like say, say Bitcoin, where 2 times in the scene
a16z Podcast | The Business of Cybercrime
- ▶ 17:00 Joel de la Garza And you had sort of the proliferation of cryptocurrencies and Bitcoin, which made this actually a scalable business, right?
- ▶ 24:25 Joel de la Garza And I think there was one recently in Canada where a bunch of armed folks kind of stormed into a cryptocurrency exchange and held everyone at gunpoint and tried to get the private key to steal their Bitcoin.
a16z Podcast | All About Stablecoins
- ▶ 4:19 Andy Milenius I mean, you know, Bitcoin was so cool when it came out, and it captures people's imagination, and it was originally sold to us as, like, 3 times in the scene
- ▶ 12:52 Jesse Walden I think that's really interesting because that sounds a lot like the original Bitcoin vision.
- ▶ 26:05 Jesse Walden Of the maker network in the sense that they're doing the work to make sure that DAI stays stable, to make sure that DAI is growing and being used properly, just like the miners in Bitcoin are keeping the network secure.
a16z Podcast | Building Crypto, from Vision to Reality
- ▶ 5:33 Chris Dixon I mean, if people are interested in this, I recommend, like, you know, if you want to learn about these things, like the Bitcoin white paper is great, the Ethereum white paper is great, and then Maker, to me, is one of the most interesting… 2 times in the scene
- ▶ 7:06 Sonal Chokshi And if you think about it, like, there is a prophet like Satoshi Nakamoto, a Bible, the Bitcoin white paper, there are factions and sects, there is a holy object like the Genesis block, there's a belief, there's rituals, mining.
- ▶ 10:55 Chris Dixon As Katie was talking about earlier, people thinking it's for criminals, or only thinking it's Bitcoin, and not understanding there's a whole, like, kind of wide range of different projects.
- ▶ 17:49 Chris Dixon And I think at some point, I think over the next five to 10 years, we'll have this sort of internet money, and it'll either be Ethereum or Bitcoin or something, or some stable coin or something else, but 4 times in the scene
- ▶ 30:36 Brian Armstrong So in December, 2010, I ended up reading the Bitcoin white paper that was written by Satoshi Nakamoto. 2 times in the scene
a16z Podcast | Technological Trends, Capital, and Internet 'Disruption'
- ▶ 30:45 Fred Wilson But if you're an early user of Bitcoin, you had Bitcoin day one, right? 3 times in the scene
- ▶ 35:39 Fred Wilson If, if Bitcoin and tokens had existed in 2005 instead of 2009, I think it's very possible that Twitter could have adopted a token-based business model 3 times in the scene
- ▶ 38:12 Chris Dixon And the, and, and you see this, by the way, in all the critiques of Bitcoin, for example. 2 times in the scene
- ▶ 44:22 Fred Wilson It could be there's a million of them, or in the case of Bitcoin, twenty-one million. 6 times in the scene
a16z Podcast | Seeing into the Future -- Making Decisions, Telling Stories
- ▶ 34:02 Chris Dixon And one of the fascinating things about the Bitcoin white paper is it's essentially, you know, eight pages of incentives. 2 times in the scene
a16z Podcast | Cryptonetworks and Cities -- Analogies
- ▶ 3:08 Ali Yahya I think Ethereum, um, Bitcoin to a considerable degree emerged out of communities working together as opposed to necessarily a top-down monolithic design, uh, that's imposed, uh, upon, uh, 2 times in the scene
- ▶ 9:15 Ali Yahya There's like the idea of proof of work, uh, based consensus, like Nakamoto consensus could be that river basin along, around which like people converge, communities emerge, and then the development of Ethereum is kind of like a, it's…
- ▶ 13:20 Dennis Nazarov But ultimately, you know, you can say we're contributing to one country that ultimately there's, these are still parallel experiments where, you know, Bitcoin may be the mother project and where everyone is taking their own vision.
- ▶ 30:52 Dennis Nazarov History has shown that, you know, if you think of Ethereum as an evolution of Bitcoin, if Bitcoin is, you know, blockchain one point, Ethereum is blockchain two point, you know, Vitalik was active in the Bitcoin community, but he realized… 2 times in the scene
- ▶ 36:17 Ali Yahya But in the case of Bitcoin, or at least the later, the later form of Bitcoin, the current Bitcoin, the shared meme seems to be fixed supply, store of value, digital gold.
a16z Podcast | Cryptonetworks and Decentralization -- Building Blocks
- ▶ 2:07 Chris Dixon You know, the prices of Bitcoin and, and just so like as a, you know, store value and a new kind of alternative financials. 3 times in the scene
- ▶ 16:06 Chris Dixon I think the, one of the most interesting ones is sort of the quote business model of let's say Ethereum or Bitcoin.
- ▶ 25:29 Chris Dixon There's two ways to look at Bitcoin mining, and you'll see some articles that criticize it for taking too much electricity and everything else, and that some of those critiques are valid.
- ▶ 41:43 Chris Dixon Because just in a normal open market, the reason that the prices of Bitcoin, Ethereum, et cetera go up and down is that they just change with supply and demand. 3 times in the scene
a16z Podcast | The Regulatory Landscape for Crypto
- ▶ 2:42 Robin Weisman One of the biggest principles is that when people say Bitcoin, and I say Bitcoin is sort of a catch-all for decentralized cryptocurrencies. 3 times in the scene
- ▶ 5:06 Katie Haun I mean, if you look back even to 2013, the Senate held hearings on Bitcoin, and what is Bitcoin, and you had three different government witnesses at that hearing, and they all three went and said, Bitcoin's not illegal. 3 times in the scene
- ▶ 20:06 Sonal Chokshi Bitcoin and Ethereum have been around a lot longer.
- ▶ 21:19 Katie Haun I remember talking to some folks in D.C. last year, and they said, we had just figured out Bitcoin, and then along comes Ethereum, and now it's, you know, happening.
- ▶ 26:12 Robin Weisman And it's been, one of their rulings said that Bitcoin is a commodity, so it falls under their jurisdiction. 2 times in the scene
- ▶ 31:48 Katie Haun So for me, my story was in 2012, I actually was asked by the Justice Department to help shut down and prosecute Bitcoin. 2 times in the scene
a16z Podcast | The Evolution of Payments
- ▶ 15:22 John Collison And I mean, there's a stat recently that Visa uses one-fortieth of the power of the Bitcoin network for processing, obviously, you know, a way larger amount of money. 2 times in the scene
a16z Podcast | Mental Models for Understanding Crypto Tokens
- ▶ 1:24 Nick Tomaino Bitcoin's the, you know, most widely known usage token where ownership is required to use this digital service, and in the case of Bitcoin, that digital service is a ledger that can be used by anyone to store and transfer value. 3 times in the scene
- ▶ 12:57 Nick Tomaino Similar to that of a dollar combined with the decentralization characteristics similar to that of a Bitcoin or Ethereum. 6 times in the scene
- ▶ 17:01 Chris Dixon There was a Bitcoin fork with Bitcoin Cash. 3 times in the scene
- ▶ 20:07 Nick Tomaino Ethereum can process roughly 15, Bitcoin roughly seven, and so there's a lot that needs to be done there, and so there's some interesting kind of approaches. 6 times in the scene
- ▶ 26:07 Nick Tomaino So, you know, hundreds of millions of dollars are being spent external to the network of Bitcoin just to secure the network. 2 times in the scene
- ▶ 32:11 Chris Dixon Bitcoin never had an ICO.
a16z Podcast | Trends in Cryptocurrencies
- ▶ 0:05 unnamed speaker You can check out the blockchain and Bitcoin tag on our website for more episodes. 6 times in the scene
- ▶ 9:49 Juan Benet So Bitcoin introduced blockchains and this 3 times in the scene
- ▶ 11:20 Olaf Carlson-Wee In cryptocurrency, so like I literally raised Bitcoin and raised Ethereum in order to distribute my new cryptocurrency token.