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 92 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 2 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
Parr: Bhutan's $1B Bitcoin stash eclipses its entire stock market
“I know they have the, they own more Bitcoin than the total market value of their stock, stock market. It's like a billion dollars in, in, in Bitcoin.”
MicroStrategy trades at a massive 2.5x multiple of its underlying Bitcoin NAV.
“MicroStrategy stock, which today trades at like a two and a half times
Multiple of NAV.
You know, NAV is the net asset values, like the underlying asset that it holds, right?
It owns thirty-three billion dollars of Bitcoin.
So the question is, why is it an eig…”
Puri: Removing top existential risks should re-underwrite asset prices upward
“And I just thought that when a top two or three risk gets de-risked, that should change your underwriting on the price.”
Shaan Puri: Bitcoin's original code reveals an unsophisticated programmer
“And by the way, people, when they've looked at the code, they're like, this is not done by like a super sophisticated programmer. Like there's things that when you look at the code, you can sort of see the elegance of it, the styling of it, all that. The level…”
Shaan Puri: Spot Bitcoin ETFs are the fastest-growing ETF products in history
“It's the fastest growing ETF product in the world is Bitcoin.”
Puri: MicroStrategy holds $15B in Bitcoin, up 97% on $7.3B invested
“So he currently has 14.96 billion Dollars of Bitcoin in MicroStrategy, and it's up 97% all time. So he's put in 7.3 billion, and now it's sitting on fifteen billion of assets.”
Pompliano: MicroStrategy owns over 210,000 Bitcoin, exceeding 1% of total supply
“And he went from owning zero Bitcoin in July of 2020 to today he has more than 210,000 Bitcoin, which is more than one percent of the Bitcoin network.”
Pompliano: Wall Street refused a $1M bet against Bitcoin over 10 years
“We issued a million dollar bet to anyone on Wall Street. And we were like, we'll take Bitcoin. You take any other asset, like just pick anything over the next 10 years. If you beat us, like you get a million bucks. If Bitcoin outperforms, we get a million buck…”
Charity: Water locked 100 Bitcoin in cold storage until at least 2025
“A couple of years ago we got into the Bitcoin space and we started a trust
called the Bitcoin Water Trust, where we raised a hundred Bitcoin to start, and we said, we're gonna lock them all up in cold storage until at least twenty-twenty-five. So we're not go…”
Saville Invested Hundreds Of Thousands In Bitcoin At $80 In 2013
“I probably put a couple 100,000 dollars in at that point.
But I was like, you know, I'll just wait it out.
At that point, I think it was around 80 to 90 dollars per Bitcoin.”
Federal agents were imprisoned for stealing Bitcoin and leaking Silk Road info
“Throughout this case, there's like three or four different FBI agents or like DEA agents who are convicted and go to prison because they started talking with Ross and getting into Bitcoin. And they eventually like started feeding him information about what the…”
Silk Road processed $10B in transaction volume in today's dollars
“Silk Road got famous because they had something like if you do like today's dollar it basically made Bitcoin popular because it was like eBay for drugs and something like ten billion dollars went through it in only two years since he started it.”
Tim Draper bought Silk Road's seized Bitcoin for $20 million
“Billy, his dad was Tim Draper, who eventually goes on to buy the Bitcoin. I think he was a billionaire already, but he bought the Bitcoin that Ross was arrested with because they, the government auctioned it off. And that Bitcoin is like worth like five billio…”
Ross Ulbricht held 144,000 Bitcoin when he was arrested
“And at the time he had a 144,000 Bitcoin, which at its peak at 60 K, it's like 8.5 billion dollars that he had.”
Dan Held: My net worth is over 100% in Bitcoin via leverage
“Technically I'm over 100% of my net worth in Bitcoin because I took a small leopard position back when Bitcoin was 7000 dollars at the bottom of the cycle. Because I believe that Bitcoin, you know, in a bull run obviously appreciates. So I technically over a h…”
Shaan Puri Put 'Pretty Much All' His Money Into Bitcoin
“To be fair, I pretty much have at this point.”
Sam Parr Has Invested Six Figures Into Bitcoin
“Not, I mean, I'm six figures in, so not that many doubts, but so maybe I'll take your advice and do it.”
Balaji: Assets Surviving a 90% Crash and Recovering Are Extremely Rare
“It was basically the crash from 32 dollars down to two dollars in 2011, and the subsequent recovery up to like 10 bucks in 2012, that convinced me the thing had staying power, because it's very rare that you have something endure a 90% plus drop and then come …”
Balaji: Products Must Deliver Visceral, Instantly Explainable Benefits to Succeed
“You know, the, those hooks basically, I think you need to deliver a visceral instant benefit to somebody, right? Where in a second you can explain what it is. Okay. A newsletter that pays you, right? Earn Bitcoin for submitting a form in a minute, right? So in…”
Balaji: Bitcoin Scales Security Rather Than Transaction Throughput
“The most counterintuitive thing about Bitcoin at the time to me was that the extra computation was not going into increasing the number of transactions per second, but rather increasing the security of the system. That was a design decision that was totally fo…”
Shaan Puri: Bitcoin allocation surged to 50% of my net worth
“I tweeted, I was putting 25%. I ended up putting 20%, and then it grew. The price started going up so fast that that quickly became, it's now like almost 50% of my network or something.”
Puri: Alameda made $2.5M daily profit on Bitcoin arbitrage
“He did say at the max, they were doing twenty five million a day. On the trade, which is basically like a 2.5 million dollar, like, you know, like profit per day that they were making on the trade.”
Puri: No one can sue Bitcoin.com's owner due to lack of trademark
“Nobody can sue him because it's, there's no company behind Bitcoin and nobody owns the trademark.”
Sam Parr: James Altucher made $60M promoting Bitcoin info products despite mockery
“So guys like James Altucher, who we've had this podcast, he was ridiculed for doing this with Bitcoin. Everyone made fun of him. He made sixty million dollars doing it, but he still got mocked constantly.”
Shaan Puri: Moved 25% of net worth into Bitcoin, now near 50%
“About a year ago, I tweeted out that I had moved 25% of my net worth into Bitcoin, which has now become like, I don't know, 50 plus percent almost.”
Saylor: MicroStrategy offered $250M Dutch auction buyback before buying Bitcoin
“So we offered to buy back two hundred fifty million dollars worth of the stock in this Dutch auction. So if you disagree with the decision to buy Bitcoin, you can sell the stock back at a profit. Our stock was one 20. We offered to buy the stock back at up to …”
Saylor: Bitcoin Hit $1T Faster Than Apple, Microsoft, Amazon, or Google
“It took Google 22 years to get to a trillion. It took Amazon 24 years to get to a trillion. It took Apple 42 years to get to a trillion. It took Microsoft 44 years to get to a trillion. It took Bitcoin 12”
Man Offered to Buy Landfill to Recover Trashed Bitcoin Hard Drive
“There's another guy that's got this story where he his USB or his hard drive, his Bitcoin hard drive was in the landfill. And he was trying to search for it. They wouldn't let him. He's like, I will buy the whole landfill. And he tried to purchase the landfill…”
Stefan Thomas Received 7,000 Bitcoin for a 2011 Educational Video
“In 2011, he gets paid to make a video about Bitcoin. And again, 2011, so, you know, Bitcoin, I think the white paper was like a oh nine thing. I think Bitcoin started in 2010, so it's one year into Bitcoin. And he makes an educational video about Bitcoin. He g…”
Puri: Lost $1M in 2022 Terra Luna crash while on vacation
“Luna basically went broke, and it brought down Bitcoin with it, and I basically landed and then lost a million dollars, and it was just trying to hang out with my wife and just be like, okay, cool I'm just not gonna mention this, like how expensive this vacati…”
Puri: Passed on early Coinbase round to buy Bitcoin directly
“For example, I had the opportunity to invest in Coinbase, not super early, but like, let's say, series A or B, somewhere there. And I remember doing the math and being like, okay, I believe in Bitcoin, should I invest in Coinbase, the exchange, or buy Bitcoin?…”
Shaan Puri: US and China each hold $20B in Bitcoin
“The US has it because they seized the Silk Road, right? So they have, you know, the US has twenty billion. China has twenty billion. UK has six billion.”
MicroStrategy currently owns approximately 1% of the entire global Bitcoin float.
“He owns about one percent of the Bitcoin float today, and he's trying to get, you know, two percent, basically.”
Puri put 25% of his net worth into Bitcoin in 2019
“Basically when I when we got bought by Twitch, I had a bunch of cash come in and I was like, you know what? I'm moving. I put, I was like, I'm gonna, I tweeted out, I'm putting 25% of my net worth into Bitcoin.”
Pompliano: MicroStrategy was first non-crypto public company converting balance sheet to Bitcoin
“And so he was the first public company that wasn't like a crypto miner or something like that to go and say, I'm going to put like 85% of my balance sheet into Bitcoin.”
Pompliano: Julian Robertson spent an hour interrogating him on Bitcoin
“He sat with us for an hour and just kept berating me with questions and just trying to actually understand Bitcoin and blockchain technology and all these things.”
Luckey: Lost a significant amount of Bitcoin in Mt. Gox hack
“I'm one of those guys who lost a bunch of coins in the Mount Gox hack. Oh man, I got Gox good. And it was one of those things where there was no, like looking back, everyone's like, Oh my God, I can't believe that, you know, you would have, and I had most of m…”
Michael Birch killed Shaan Puri's early crypto exchange over SEC fears
“Our idea lab was backed by this couple, Michael and Xochitl Birch. It's basically an individual couple who's, you know, independently very wealthy. And so he come, Michael comes by for lunch the next day. He's like, Hey, the lawyer, like our lawyer, Susan told…”
Held: Bitcoin's 21 million hard cap solves bad central banking policies
“I really dug the twenty one million hard cap as a solution to bad central banking policies.”
Dan Held built a personal distribution engine branding Bitcoin memes on Giphy
“So I started to make, I saw their strategy for eToro and I made that for myself. So I took like the most popular Bitcoin memes and then wrapped it in my own black and white design to where you could search like Dan Held and you'd see a bunch of black and white…”
Balaji: 1729 pays $10 in Bitcoin for top 100 daily workout proofs
“Where you submit a proof of workout, we give you 10 bucks in VTC if it's one of the top 100 of that day.”
Srinivasan: Early investor in Bitcoin, Ethereum, Zcash, and innovative coins
“I was an early investor in cryptocurrencies. So Bitcoin, Ethereum Zcash, a bunch of other ones you've heard of. I shouldn't say every major coin, but every major coin that I think has some technological innovation you know, I've probably got like something in …”
Puri: Cryptocurrency likely makes up over 50% of his total net worth
“Probably, yeah, probably, because, you know, I basically started it, my goal was to put in 25%, I think, put, I put 20 in, and then it started going up so much, I just, I stopped at 20, and you know, I should have just gone all in, I should have gone all in li…”