Cardano

Sacks support ×3 ▼ on 🏛️ Crypto collapse triggers a regulatory crackdown that kills the opportunity E125 · 2023-04-21 ▶ 1:22:33

So I think Chamath is right that they're effectively banning crypto in the United States. They're going to drive all these companies overseas, which is terrible for American innovation.

Chamath support ×3 ▼ on 🏛️ Crypto collapse triggers a regulatory crackdown that kills the opportunity E125 · 2023-04-21 ▶ 1:21:42

Crypto is dead in America. I mean, now you had Gensler even blaming the banking crisis on crypto. So the United States authorities have firmly pointed their guns at crypto.

Chamath support ×2 ▼ on 🏛️ Crypto collapse triggers a regulatory crackdown that kills the opportunity E85 · 2022-06-30 ▶ 21:50

I tend to think at this point, Bitcoin probably has to be regulated like a security, even if it is not, and it's more of a commodity only because of the volume and the sheer size of both the market and the potential fallout

Jason support ×3 ▼ on 🏛️ Crypto collapse triggers a regulatory crackdown that kills the opportunity E85 · 2022-06-30 ▶ 17:36

All of this is going to inspire a lot of district attorneys and DOJ activity. ... The discovery is going to be bonkers and it's all going to be regulated to the point of in which it kills a lot of the opportunity. I think this is going to become the most regulated space.

Chamath support ×3 ▼ on 🪙 Picking individual tokens loses money — own managed/indexed crypto instead E85 · 2022-06-30 ▶ 24:05

And here, some folks have just, you know, basically escaped with billions and billions and billions of dollars. And the bag holder is just, you know, a retail investor. ... Because the level of grip that's happened in this market is extreme.

Chamath support ×3 ▼ on 🪙 Picking individual tokens loses money — own managed/indexed crypto instead E84 · 2022-06-24 ▶ 58:52

the amount of grift by so many of these venture firms in running these sketchy deals where they would put in some amount of money. ... You put in a little bit of equity at some crazy price and then you get these tokens and apparently there's no, like you can just sell these tokens day one.

Chamath support ×2 ▼ on 🪙 Picking individual tokens loses money — own managed/indexed crypto instead E77 · 2022-04-23 ▶ 44:22

We average, I think, one hack a week in the crypto ecosystem, right? This Beanstalk hack happened, what, just a few days ago. That was almost $200 million. Last month, Axie Infinity, what was that? Almost $600 million. ... There's no version of this in a world where it is a little bit of the Wild West.

Friedberg support ×2 ▼ on 🪙 Picking individual tokens loses money — own managed/indexed crypto instead E55 · 2021-11-13 ▶ 24:13

I have spent no time understanding crypto markets, because it's so deep and it's so fluid. It's changing every day, it's changing every week. So if I can't get smart enough to feel confident about the opinions and decisions that I would be making as an investor, I decide not to invest and I stay out. And so I'm not an active crypto investor for that razor.

Sacks support ×2 ▼ on 🪙 Picking individual tokens loses money — own managed/indexed crypto instead E50 · 2021-10-09 ▶ 14:35

the idea that you as an individual investor are going to like, you know, pick off the one cryptocurrency here or there to invest in. I mean, that's going to be a lottery. I would I would find a manager basically who is really good, who has a track record, who understands this stuff.

Chamath support ×3 ▼ on 🪙 Picking individual tokens loses money — own managed/indexed crypto instead E50 · 2021-10-09 ▶ 15:36

Everything is moving so fast. ... What's successful today could be just a dog tomorrow and vice versa. That I think speculating in this market will not only will it be super volatile, but more than likely you're going to lose all your money. So I would encourage people to not speculate in crypto.