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 15 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
Armstrong: Bitcoin's Lightning Network Never Really Took Off
“The lightning network was a optimization layer on top of Bitcoin, but it never really took off.”
Palihapitiya: Bitcoin can never become a central bank reserve asset
“The structural failing is that it is not, so if you think about like, what is the value maximizing function right now for a crypto asset to be broadly adopted? It needs to have the features that allow, ah, a central bank to adopt it. And there are two things t…”
Armstrong: Bitcoin Succeeded as Store of Value, Not Medium of Exchange
“I think it's fair to say at this point that Bitcoin has succeeded as a store of value, and I don't think it has become a medium of exchange.”
Dalio predicts central banks are unlikely to hold Bitcoin as reserve wealth
“Bitcoin is limited in supply, and its perception of money, it is a form of money, it, it's perceived as money, as a storehold of wealth, that is unlikely to be significantly held by central banks, and many others, because of a number of Problems it has.”
Sharma: Bitcoin and crypto are here to stay as mainstream assets
“I think Bitcoin is here to stay. Crypto is here to stay. This has lasted long enough. It's getting mainstream, whether it's banks or asset management firms who told you five years ago, we'll never touch this thing.”
Sharma: 2022 Russia sanctions triggered major shift to gold and Bitcoin
“That was a big, in fact, Philip for gold and for Bitcoin and stuff. The moment America sanctioned Russia, ah, back in, ah, the spring of twenty-twenty-two.”
Dalio discloses he holds a small amount of Bitcoin
“So I hold a little bit of Bitcoin. I have a little bit of Bitcoin, but for me, it's not as attractive as gold for the reasons you asked me my thoughts.”
Sharma views gold and Bitcoin as equally viable anti-dollar plays
“I'm like equal, I mean, like, I, you know, like, do the two equally, because I've been bullish too equally, because my negative view is on the dollar. Right? So therefore, I see both those as sort of anti-dollar plays.”
Armstrong: Real estate is the original Bitcoin due to provable scarcity
“In some ways, like real estate is the original Bitcoin because it's like proved provably scarce.”
Kamath: I have never bought or traded a Bitcoin in my life
“See, I have never traded a Bitcoin ever in my life, never bought one.”
Armstrong: Most people should be index investors, not active traders
“I think most people should probably not be traders. They should be investors. You know, and dollar cost average, own the index fund, diversify the portfolio, have some, you know, have some in Bitcoin, some in everything, all the different pieces, so.”
Armstrong: Proof-of-stake blockchains are 99.9% more energy efficient than proof-of-work
“Ethereum and other blockchains use a new system called proof of stake, which is actually 99.9% more energy efficient.”