crypto

“So when you add all these three things together, I think to me it's the most incredibly positively disruptive force I have seen. I think it will destroy wealth. I frankly couldn't give a fuck. And I think it's better for the world.”

“If you think of major technology investing waves as essentially a prediction market on what smart people think the future is going to look like, it's pretty scary that we're going from a utopian technology investing wave to a very dystopian technology.”

“It's playing out with crypto bubbles and NFTs and other nonsense. But those are short lived bubbles. Those are little feedback loops. Frothiness happening as the tide rises.”

“The power of the individual perhaps reflected in crypto has never been greater relative to the power of government”

“I don't think they're going to be able to maintain the status quo of a hundred years ago, the statutes that they're citing. I think that's going to either get knocked down in court or going to be technologically invalidated.”

“I think we're starting to see that now where endowments and so on are realizing they need to have some portion, maybe one or two percent of their portfolio in crypto.”

“So to look at it on a rank list and just buy something because it's cheap. It's stupid.”

“This is the easiest part of crypto to regulate.”

“You know, we're seeing asset bubbles everywhere in NFTs, in crypto, in startups, in new startups, in new ideas, in home prices, in everything.”

“If liquidity is reduced next year, I think that could Reverberate through a bunch of markets, including, you know, everything from sports cards, you know, collectibles, which have gone through the roof, to art, to crypto, to, you know, maybe some gross stocks,…”

“Crypto is like a liquidity sponge. It sucks up when there's a lot of excess liquidity, it's sucks up that liquidity, but now that sponge is getting wrung out.”

“It's like the dotcom crash all over again. I mean, basically you had an extremely promising technology. I mean, it is a promising technology, and it is a future, you know, technology platform, but the price action got totally decoupled from the level of progre…”

“We've had to listen to every millennial and Gen Z market observer in crypto tout how this is not like boomers, and they turned out to be the same. I mean, this is the thing of all. It's like of all of the times you've had to hear how it's so different, it turn…”

“They're going to drop the hammer because their constituents, some grandma and grandpa, or some people put their college education to this and lost everything.”

“When people are panicking about the state of their finances and worried about getting access to their cash, The first thing they dump is crypto because it is very liquid.”

“I think it's hard to argue that there isn't a concerted effort now to crack down. On crypto by a wide variety of government agencies and authorities, starting with Gensler at the SEC, who seems incredibly hostile to crypto.”

“Crypto's dead in America.”

“I think the motivation is to basically end crypto as a potential competitor to fiat money in the United States.”

“If you basically come out and say that there's no such thing, As a token that every single token is basically a security, then that's the end of crypto as a potential center of innovation.”

“We're not so cool on this right now, but soon we are gonna be cool again, because this is the way humanity works, and then we get to build, and there's some really, really good technology underneath it all, which is quite ready.”

“I think crypto will be the way that AIs pay each other.”

“Crypt is very easily taxed. You know, in other words, the government knows where it is, and who's doing what, and so on, and it's also an effective Asset to tax, but it has, you know, benefits too.”

“So we basically sold, I think it was around two hundred million dollars of crypto, of which around eighty-five million dollars was personally attributable to myself. And we cleared that before day one, paid taxes on it, and basically so there wouldn't be a con…”

“Crypto obviously is a giant scam.”

“No, that's Michael Kratzios. I just do my two issues. I've got AI and crypto.”

“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.”

“Why are there so many young black and Latino folks who care about crypto? Because frankly, it's the closest they often they're going to get to a friends and family round in technology that we've got to expand economic opportunities so they have more options.”

“There's like, fifty-two million Americans who've used crypto now.”

“Overall though, I would just say the Biden administration overall is quite hostile to crypto. I mean, they openly announced war on crypto.”

“I think crypto is the most obvious honeypot in a world where you can defeat encryption.”