The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Collison: Tokyo kept housing costs stable through minimal supply restrictions
“Tokyo has over the last couple of decades, been an improbable, well, not especially improbable, but has been such an enormous economic success story. And, you know, you had the boom and the bust and the supposed stagnation of Japan in the kind of early ninetie…”
Collison: OCC stopped issuing new banking charters post-financial crisis
“And the second reason is, ah, the Office of the Comptroller of the Currency, which is the entity that, ah, sort of issues federal banking charters, ah, had, had basically stopped issuing new banking charters post-financial crisis.”
Collison: Koch Industries scaled from $20M to $100B without a single breakthrough driver
“Coke Industries in that, you know, Charles is, of course, or Charles and David are most famous for their political activities, but if you just look at the company that has kind of compounded from twenty million in annual revenue to now, according to public est…”
Collison: San Francisco has one-third the density of Greenwich Village
“San Francisco of today, recognizing that it is of approximately a third of the density of even just Greenwich Village in New York, right? We're not you know, the sort of, the other extreme is not Hong Kong. You can triple San Francisco and get to Greenwich.”
Collison: Checking versus savings account friction is legally mandated
“And so, for example, the difference between a checking account and a savings account, which might seem sort of quite unfriendly from a consumer's standpoint, that's actually kind of essentially mandated by law, and so it's kind of not
[1211] Patrick Collison: …”
Collison: Only ~2% of global consumer spending was online when Stripe began
“And when we thought about it and just like looked at the kind of macro figures, we saw that, you know, about at the time, two percent of all consumer spending in the world happened on the internet.”
Patrick Collison: I formally graduated from high school rather than dropping out
“Well, I didn't technically speaking drop out, although I sort of practically speaking did. But you know, given my lack of education credentials elsewhere, I do I should, for the sake of my parents insist that I do in fact, or did in fact formally speaking grad…”