Everything Anatoly Yakovenko said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Yakovenko: The internet will hold the most US Treasuries within five years
“I think within five years, the internet is going to be the largest holder of US treasuries.”
Yakovenko: Crypto industry might not have survived four more years under Gensler
“I don't know if the industry would have survived another four years of the Gensler regime.”
Yakovenko: Bitcoin should migrate to a quantum-resistant signature scheme
“We should migrate Bitcoin to a quantum resistance signature scheme.”
Yakovenko: Crypto Will Cap Around 100M High-Spending Users, Not 8 Billion
“I think there is just a set of users that are kind of heavy users, and that might be a limited, that's not going to be eight billion people. I don't know how big that set is, but it could be like A hundred million. Right now, that sounds like a small fraction …”
Yakovenko: Solana is world's execution layer, Ethereum is settlement layer
“Ethereum being world settlement layer, Solana is the world's execution layer.”
Yakovenko: Execution is where money is made in blockchain
“Execution is where all the money's made, so I think we're on the right track, and a fast execution engine can also do settlement.”
Yakovenko: Solana spent $2M of $14M raised on US legal fees
“We raised a seed in A-Round. It was about fourteen million bucks, which is amazing. It was, you know, like, outright crazy success for a new, a first-time founder. I had to spend two million of that on lawyer fees. Which is a more than 10% of my runway to figu…”
Yakovenko: 50% chance of quantum computing breakthrough within five years
“Honest answer, I feel like fifty-fifty within five years there is a quantum breakthrough, and part of that is because of how fast they are.”
Yakovenko: Bitcoin will survive the collapse of major institutional holders
“I think Bitcoin is resilient to these entities collapsing. Now, it's not going to be without painful risk that in terms of like people that own Bitcoin, but the thing is, it'll survive that, and all the properties of Bitcoin that people value will remain throu…”
Yakovenko: Banks are more disruptible than Visa and MasterCard
“My, like contrary opinion is that I think Visa and MasterCard are more technology companies, and if you look at their, like, profit margin on the gross payment volume, it's like 10 basis points. It's like vapor. I think the issuer and receiver bank, those are …”
Yakovenko: Visa would be more successful by using stablecoins to bypass banks
“If they could remove the banks out of the loop and just do stable cone transfers behind the scenes, I think they become a lot more successful and they can do a lot more for, you know, a lot less.”
Yakovenko: Global demand will force US to adopt stablecoins
“Like the world is so big that if this, everybody wants us dollars and if the programmable us dollar is tether or circle or whatever, they'll use it. And then us has no choice but to accept them because the economy is so big right now. The global economy is so …”
Yakovenko: Visa will settle via stablecoins instead of banks
“And normal people are not going to switch from credit cards because it's just kind of entrenched. But the way Visa deals with like banks, I think it's going to change because they don't have to care about banks as much anymore. They can actually just do everyt…”
Yakovenko: Crypto wins if Bitcoin becomes a portfolio hedge like gold
“It's weird if it actually ends up being like a, you know, part of somebody's like hedge strategy, like gold. I think that is, if that happens, then this whole crypto experiment is effectively won, whatever, whatever you want to call it.”
Yakovenko: Stablecoins will reach $1T in near-future crypto growth mode
“I think at some point the, We're, we'll see that accelerated event. It's hard for me to predict whether it's the next two years or some other two years short in the near future, but you'll see this massive kind of growth mode for crypto where we see a trillion…”
Yakovenko: Centralized closed algorithms are worse than offensive speech online
“I think that what sucks is the only innovation in this over the last like decade is like basically a centralized closed source algorithm that feeds you a specific set of information and then you don't have user engagement. That's kind of a very sad outcome. Li…”
Yakovenko: The US has the best, most trusted financial system globally
“I think we actually have the best financial system in the world. It's the most trusted, the most robust, the best regulatory environment for what it's worth as well.”
Yakovenko: Nasdaq would make more money running a Solana node
“If we succeed, if the protocol is awesome and globally synchronous and super fast, Nasdaq would make more money by just running a Solana node and integrating with it more directly.”
Yakovenko: Solana will never build an exchange onboarding US institutional clients
“We're never going to build an exchange that is onboarding U.S. Institutionals and serving U.S. Customers. We want NASDAQ to do that and to run it on Solana, and that would be great.”
Yakovenko: NFT-driven community IP creation will succeed in 5 to 10 years
“So I think even the weird experiments with NFTs being a way to create a community of artists to build a movie or story and create true new IP, all that will happen just five years from now or 10 years once We had critical maps.”
Yakovenko: Crypto monetization could enable a viable competitor to TikTok
“I personally think that you could build a competitive product to TikTok with crypto if the magic, you caught that kind of lightning in a bottle, because the monetization mechanism with crypto is so different than the ad-based one.”
Yakovenko: DeFi risk management is useless if all assets are correlated
“If everything that is in crypto, all this innovation around risk management in real time between, you know, borrowers and lenders, it's useless because if everything's a meme coin, everything's correlated, it'll all crash at the same time.”
Yakovenko: Quantum computing will match AI in wealth creation if realized
“For the general public, quantum computing is such a massive unlock in terms of how much we can process that it's going to be as big of a wealth creator if we pull it off as AI.”
Yakovenko: AI is more of a product than a movement
“AI is more of a product, honestly, and less of a movement.”