Steve Kirsch

Executive Director and Founder, VSRF · 1 appearance on the record.

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founderexecutiveengineerauthor@STKirsch ↗skirsch.com ↗Wikipedia ↗

Kirsch is an MIT-educated tech entrepreneur and co-inventor of an early optical mouse who founded several major technology companies, including Infoseek, Frame Technology, and Token. In 2020, he launched the COVID-19 Early Treatment Fund and later founded the Vaccine Safety Research Foundation.

7statements → 4claims → 2claims resolved → 3.71/5average certainty → 2/5average debate potential →

1 supported 1 partly supported 0 contradicted 2 not checkable as stated how the 4 claims stand · each chip opens the sources

1 prediction · 3 assertions · 1 opinion · 1 insight · 1 disclosure · every statement was checked. The prediction and assertions are the 4 claims: statements the public record can support or contradict. 2 are resolved, and 2 name no date, number or outcome precise enough to check. Everything else (opinions, insights, what ifs, disclosures) can never be settled by the record, so it carries no assessment.

The record, in short

What the tape says about how Steve argues and how the claims held up. Everything they said, and everything said about them, is in the tabs below.

Their most notable supported claim

Assertion Supported

Kirsch: Most Banks Lack Open APIs for Moving Money

“The problem is that most banks don't have an open API where you can do things like move money.”

Steve Kirsch Aug 26, 2017 ▶ 3:01 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

How they sound: not measured why? →

We measure speaking style by listening to the audio itself, and a fair number needs at least 2,000 words from one person on tape we have measured. There is too little of Steve Kirsch on measured tape to publish a rate. This says nothing about how they speak.

What they said7 Episodes1

Everything Steve Kirsch said on Top Founders that made the record, most notable first. Filter by type, assessment or year in the ledger →

Opinion

Kirsch: Banks using OAuth 2 for APIs have horrible security

“Whereas most banks are using, for their own APIs, they're using OAuth too, which is Just horrible from a security perspective.”

Steve Kirsch Aug 26, 2017 ▶ 4:26 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Insight

Kirsch: Blockchain consensus is inappropriate for low-latency financial systems

“There's no real need for that in a lot of financial applications and for something that needs to perform really quickly meaning super low latency and very high throughput. The technology for blockchain is just not appropriate because you just don't have the ti…”

Steve Kirsch Aug 26, 2017 ▶ 5:21 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Assertion Supported

Kirsch: Most Banks Lack Open APIs for Moving Money

“The problem is that most banks don't have an open API where you can do things like move money.”

Steve Kirsch Aug 26, 2017 ▶ 3:01 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Assertion Partly supported

Kirsch: Bank of England's Ethereum trial yielded five transactions per second

“The Bank of England did an experiment with Ethereum, and they found that they could get, like, five transactions a second.”

Steve Kirsch Aug 26, 2017 ▶ 5:43 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Prediction Not checkable as stated

Kirsch predicts US open banking adoption will snowball from European demand

“I think the same thing will happen here is that there's a big stick that causes the European banks to get on board the system. Once that happens, the apps get written and then the apps only work with European banks. Ooh. So if I want to move money instantly fr…”

Steve Kirsch Aug 26, 2017 ▶ 10:47 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Disclosure

Token monetizes by charging developers for free bank API calls

“So we charge for API calls, and we basically get those calls typically for free from the bank, and so we make money on the difference.”

Steve Kirsch Aug 26, 2017 ▶ 8:07 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Assertion Not checkable as stated

Kirsch: Token is currently integrated with roughly five banks

“It's a pretty small number. Like five? Yeah, it's on that order.”

Steve Kirsch Aug 26, 2017 ▶ 12:12 763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls

Appearances (1)

Episode	Date	Speaking time
763: He's Raised $18.5m To Help Banks Use Open API's, Makes Money From # of API Calls	Aug 26, 2017	8m

Steve Kirsch

The record, in short

Their most notable supported claim

How they sound: not measured why? →

Appearances (1)

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