The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Paul: 10% Chance Bitcoin Suffers Disabling Attack By 2026
“I put it at maybe 10% over the next five years that there is a successful attack on Bitcoin that effectively renders the network temporarily unusable, but unusable in a way where we don't know when the next attack will be.”
Paul: Professional Capital Controls Under 3% of Crypto Assets
“The professional capital and cryptocurrency probably controls less than three percent of the assets, which is the lowest ratio of any major asset class.”
Paul: The NFT Space Will Probably Grow 100x By 2024
“So I think over the next three years, we're going to see the NFT space grow probably a hundred X in size.”
Paul: Most Top Ten US Endowments Have Invested in Crypto Funds
“What I can say generally about the endowment world is most of the top 10 endowments have invested in crypto funds.”
Paul: Direct Bitcoin Ownership Will Be Operationally Easy for Endowments Soon
“But my guess is that in another year, that's similarly will feel not like a terribly difficult allocation decision operationally.”
Paul: Endowments and Pensions Were Net Sellers in 2008 Crisis
“The reality was in the financial crisis, endowments and pensions were net sellers, not net buyers.”
Paul: A Third of UChicago Endowment Staff Bought Bitcoin in 2016
“Almost immediately, probably a third of UChicago endowment employees bought Bitcoin in 2016.”
Paul: Two Sigma, Citadel, and Rentech Stayed Out of Crypto in 2017
“I saw that guys like Two Sigma and Citadel and Rentech and the discretionary trading houses, none of them were in crypto for good reasons.”
Ari Paul: Basic arbitrage across low-risk crypto exchanges is mostly gone
“Today, basic arbitrage among zero counterparty risk exchanges, or low counterparty risk at least, mostly doesn't exist. It gets arbitraged away by guys like DRW.”
Paul: BitMEX held 70% of global Bitcoin trading volume around 2020
“BitMEX, which had the largest trading volume for Bitcoin in the world, they had 70% of all volume about a year ago.”
Paul: In 2017 Only Four Crypto Funds Had Proper Hedge Fund Structures
“I was surveying the landscape on behalf of UChicago. I literally talked to every crypto fund I could find on UChicago's behalf, and there were like four that were investable at all. And by investable, I mean in the legal sense that actually had a hedge fund st…”
Paul: Two Sigma and Susquehanna Run Machine Learning Algorithms on Bitcoin
“Bitcoin, you do have machine learning algos from guys like Two Sigma and Susquehanna pointed at it.”
Ari Paul: Uniswap generates 30 bps fees on over $1B daily volume
“Uniswap, you can actually value in a very equity-like way based on cash flows, because Uniswap actually collects a 30 basis point fee on all transactions, and it's currently doing more than a billion dollars a day in transactions.”