crypto

“Nothing has product market fit in crypto like stablecoins.”

“There's this there's this rendering network for CGI where every, every CGI artist has a really beefy computer, but they're not always rendering out their projects. So they can share render time between the computers. So the computer's basically always renderin…”

“When, once that comes in, it's going to be insane.”

“I think that I think next YC batch, I'm sure we'll see a lot of crypto company RF RF requests for startups.”

“And it was a big shift from like the defense tech boom, the gundo boom. A lot of those guys had had rough goes in like the Wi-Fi money era, realized it was not very durable, very zero sum, and moved over to something that was more tangible.”

“It's very rarely, oh, the SEC got to it first. It's usually the investigative journalist, the YouTuber, the Twitter, the posters, and then the SEC has to follow up, and it was just, like, this is completely the wrong model.”

“I can actually see that happening where somebody's first time like really using crypto other than to speculate is like making a big purchase like a car.”

“There's no strategic purpose to owning crypto at the government level.”

“What I think we should do is take crypto away from being a real-time gross settlement network, or like a bearer asset, a digital bearer asset, and then make it more like the way that traditional finance works.”

“Tether is the top gray swan in crypto.”

“We have. Yet to go all in on something, but that is not to say we haven't had a risk of potentially falling into that a hundred times in the last decade. We talked about going all in on crypto. We talked about going all in on AI.”

“The premise that like investing in crypto that like investing in meme coins, which is the primary use of Solana is somewhere along the land space travel in the same conversations. Like we built the railroads, we landed on the moon and we trade coins on Solana.…”

“You know, I think, like, the crypto high was literally the day he had that ball.”

“I think that the crypto space right now, the real shortage we have is startup talent in that there's a lot of obvious good ideas where there just aren't many people pursuing it. So I think it's actually the opposite problem than most, like, then you might have…”

“Zero knowledge arguably is, and Vitalik's also made this analogy, ZK arguably is to crypto what the transformer is to AI in the sense of, It takes a bunch of things that were previously special case stuff, and it puts it into kind of a common framework where y…”

“We think that the way you really build industries is legislation. If you think back to the internet, that was built on really on the 96 telecom act. If, you know, and had things like section two 30, which, you know, you may know is now a contentious issue had …”

“A lot of venture funds just simply, maybe they'll have a little bit of Bitcoin, but they'll, otherwise they'll rule it out if there's tokens and things. You talk to fund to funds. They, a lot of them will say we have a no crypto rule, you know, sovereign wealt…”

“Crypto's gonna update the entire financial system globally, and, like, the majority of all payments will run on these crypto rails.”

“As much as we hear about crypto, it's still very non-consensus. A lot of venture funds just simply, maybe they'll have a little bit of Bitcoin, but they'll, otherwise they'll rule it out if there's tokens and things. You talk to fund funds they, a lot of them …”

“I think that the crypto space right now, the real shortage we have is startup talent in that there's a lot of obvious good ideas where there just aren't many people pursuing it. So I think it's actually the opposite problem than most, like, than you might have…”

“AI creates digital abundance, and blockchains are good at enforcing digital scarcity. And I think you're gonna see more and more synergies emerge and use cases over time”

“Unlike the whole, like, crypto craziness of the last couple years we didn't get into that because we didn't feel like it was here to stay yet.”

“Yeah, probably. Honestly, probably. Probably.”

“You know, I was probably overly skeptical of at least many of the crypto messages that were out there, but the stable coin rails seem like a real, real innovation and something that has scale.”

“I think AI is gonna use crypto for payments, for transactions. They're not gonna use, no, they cannot KYC through a bank. They cannot do they cannot do a selfie. They don't have a passport, et cetera.”

“I think right now crypto, if you buy crypto, Americans are probably paying the highest fees in the world. Whereas if you buy anything else, America's usually paying the lowest price.”

“The truth is actually if you look at percentage wise, illicit activities in crypto is actually much, much less than your traditional finance.”