Bitcoin and cryptocurrencies, every mention
44 scenes, the whole family · ← back to Bitcoin and cryptocurrencies
tap a year for its mentions
every year anyone Sam Bankman-Fried 13David Rosenthal 12Brendan Eich 9Ben Gilbert 3Mitch Lasky 2Sarah Tavel 1Mario Gabriele 1Anu Hariharan 1
Verbatim, from the transcripts: the passages where Bitcoin and cryptocurrencies comes up
IKEA (Audio) · Acquired
- ▶ 1:47:14 David Rosenthal It's almost sort of like Bitcoin maximalist people who have ripped up their keys into different parts and put it in different safe deposit boxes all around the world.
Meta (Audio) · Acquired
- ▶ 1:06:13 David Rosenthal A large portion of that, then, I think they sell and put into Bitcoin in, like, twenty-eleven, twenty-twelve time frame, so.
Renaissance Technologies (Audio) · Acquired
- ▶ 1:37:08 Ben Gilbert It's amazing to have a fund that 25 X's, or a year where you have a hundred percent investment return, or I bought Bitcoin yesterday and it doubled overnight.
Charlie Munger (Audio) · Acquired
- ▶ 21:08 David Rosenthal Charlie elaborated on this point with a few things that we can't air, but the topic did turn to Bitcoin.
- ▶ 21:14 Ben Gilbert I've heard many comments you've made on Bitcoin.
Benchmark’s Mitch Lasky and Blake Robbins on The Art of Business in Gaming · Acquired
- ▶ 1:36:05 Mitch Lasky We call it the, um, you know, the Bitcoin pizza problem, right?
- ▶ 1:36:10 Mitch Lasky You know, you have the person who spent three bitcoin back in the early days on a pizza, and that those three bitcoins are in today's dollars worth 75 grand.
Benchmark Part II: The Dinner · Acquired
- ▶ 1:19:50 Sarah Tavel Like a SaaS company, like shouldn't you be putting the money in tokens or like Bitcoin?
Capital-Efficient Growth (with Zoom CEO Eric Yuan & Veeva CEO Peter Gassner) · Acquired
Arena Show Part I: Idea Dinner + YC Continuity · Acquired
- ▶ 54:51 Anu Hariharan No one understood Bitcoin at the time.
Nvidia: The Machine Learning Company (2006-2022) · Acquired
- ▶ 54:33 David Rosenthal This is like, uh, it was Paradigm, right, that called all of their capital in one of their funds and put it into Bitcoin when it was like 3000 dollars a coin or something like that.
Super Pumped (with Brian Koppelman and Joseph Gordon-Levitt) · Acquired
- ▶ 35:10 David Rosenthal You can move money directly without involving finance, without doing it manually or dealing with the complexity of all the banking systems rails that we talked about on our Bitcoin and other episodes.
The Browser (with Brendan Eich, Chief Architect of Netscape + Mozilla and CEO of Brave) · Acquired
- ▶ 6:44 Brendan Eich It also involves something we talked about from the beginning and we prototyped in Bitcoin, and that's the basic attention token system for users who choose to participating in
- ▶ 59:40 David Rosenthal We talked about on the Bitcoin episode, you know, you just send off these ACHs and they're like, well, I don't know what happened, but modern treasury makes that at least a little bit better.
- ▶ 1:06:31 Brendan Eich Yeah, I mean, people are exaggerating how much energy Bitcoin uses and also not aware of how Bitcoin can use energy that otherwise goes to waste.
- ▶ 1:06:39 Brendan Eich We're not Bitcoin based anyway, and there are new blockchains that are much more efficient.
- ▶ 1:11:21 Brendan Eich From saying Bitcoin's a Ponzi to, oh, my blockchain's great, and family offices and companies are into crypto.
- ▶ 1:32:47 Brendan Eich And I looked at it, and even with our Bitcoin prototype, it was too expensive.
- ▶ 1:32:51 Brendan Eich I talked to people like Balaji of TwentyOne.co, which Bitcoin bought.
- ▶ 1:33:01 Brendan Eich And I said, aren't you Bitcoin without a fee?
- ▶ 1:33:04 Brendan Eich And he said, well, nobody wants to send Bitcoin.
- ▶ 1:33:17 Brendan Eich And you know, people will send Bitcoin.
FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired
- ▶ 7:14 Sam Bankman-Fried Um, I went to coinmarketcap.com, um, I clicked on Bitcoin,
- ▶ 7:31 Sam Bankman-Fried So, so if you do that today, right, it's going to show you a bunch of markets for a Bitcoin and just sort of looking across the prices here.
- ▶ 8:04 Sam Bankman-Fried Um, and so that's like a, you know, what a 10 basis point difference, I think, between sort of like the low end and high end of pricing of a Bitcoin across major cryptocurrency exchanges.
- ▶ 8:16 Sam Bankman-Fried You know, if you're thinking like, is there an arbitrage in Bitcoin?
- ▶ 11:59 David Rosenthal The, so that, that 200,000 dollar a day potential arbitrage opportunity in Bitcoin, how did that compare to the best trades you saw in traditional markets at Jane Street?
- ▶ 16:45 Mario Gabriele At the time that you looked at coin market cap, like how much knowledge did you have about Bitcoin in general?
- ▶ 17:07 Sam Bankman-Fried Like, if you ask me, what is a Bitcoin?
- ▶ 19:46 Sam Bankman-Fried Like I say, we don't pre-credit, but how many confirmations do we require for Bitcoin?
- ▶ 20:33 Sam Bankman-Fried So Korean bitcoins were trading 10 to 50% above American bitcoins, and lots of people said, well, why don't you buy American bitcoins and sell them in Korea?
- ▶ 20:48 Sam Bankman-Fried So you could buy, you know, a 10,000 dollar Bitcoin, sell it for 13,000 dollars in Korea of Korean won.
- ▶ 20:54 Sam Bankman-Fried Now you have Korean won on a Korean exchange and the only thing you do with it is buy a Bitcoin back for 13,000 dollars.
- ▶ 21:06 Sam Bankman-Fried Um, nearby though, uh, Japanese bitcoins are trading five to 20% higher.
- ▶ 21:13 Sam Bankman-Fried Then American bitcoins, still quite a bit, and the Japanese yen is, it's not a restricted currency.
- ▶ 21:19 Sam Bankman-Fried Um, in theory, you could buy an American bitcoin, send it to Japan, sell it 20% higher, turn the yen back into dollars, wire it back to America, and you've just made a bunch of percent.
- ▶ 38:49 Ben Gilbert I go to Coinbase, I buy some Bitcoin.
- ▶ 57:29 Sam Bankman-Fried Relatively clean, at least today, to get off the ground, um, is a spot Bitcoin USD, right?
Not Boring (with Packy McCormick) - Extended Cut · Acquired
- ▶ 1:50:19 David Rosenthal It's called Bitcoin.
- ▶ 1:50:21 David Rosenthal Nobody works for Bitcoin and it's a trillion dollar market cap.
Standard Oil Part II (Extended Cut) · Acquired
- ▶ 2:33:50 David Rosenthal Amazon is, uh, I don't know if it's my biggest holding compared to big, I think, I think I have more Bitcoin than Amazon, but anyway, it's one of my top three for sure.
Standard Oil Part I · Acquired
- ▶ 37:38 David Rosenthal This is, like, uh, this would be, like, in, uh, I don't know, 20 11, if somebody came to you and were, like, hey, there's this thing called bitcoin, and now don't just buy it, but, like, I know how to set up rigs to mine it, you know, and,…
- ▶ 42:59 David Rosenthal It's like the early days of Bitcoin.