Chamath: One crypto wallet turned $8,000 into $5.7B in 400 days
Chamath Palihapitiya · E53: Wealth tax, inflation as a capital allocator, big tech earnings, paternity leave & more · Oct 30, 2021 · at 51:10
Chamath Palihapitiya, founder of Social Capital, discusses extreme speculative euphoria in financial markets during an October 2021 episode of The All-In Podcast.
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“Some guy 13 months ago put eight K into it, because the whole market cap was 80 K. And then all of a sudden, over the course of these 400 days, that wallet holds 5.7 billion dollars of value or 10% the entire market cap of Shiba.”
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