1 hr 11 min
Chamath Palihapitiya: Why Bitcoin Will Be 'the Category Winner' Unchained
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- Business News
Chamath Palihapitiya, the CEO of Social Capital and chairman of Virgin Galactic, talks about a wide range of issues, including Bitcoin, COVID, civil unrest, and broad economic trends and forecasts. We discuss:
Whether his economic forecasts have shifted throughout COVID
Why he believes a debt crisis will occur
How he views the success of BTC as a hedge against the ruling class
How the economic pendulum will swing back toward consumers
Why he doesn't mind if big corporations and hedge funds get wiped out
Whether he subscribes to the thesis that Bitcoin is uncorrelated
Why the pandemic has not spurred institutional adoption of crypto
Why he sees no merit in Ethereum
How the economy will become more decentralized in the future and whether blockchain will be a part of it
Why he prefers SPACs over ICOs
Why he started capital as a service
Why he believes the government should bust up large corporations
Unchained is hiring!
I'm looking for a remote editorial assistant. If you love crypto and have journalism experience, get in touch! https://unchainedpodcast.com/seeking-remote-editorial-assistant/
Thank you to our sponsors!
Crypto.com: https://crypto.com
Stellar: https://www.stellar.org
Kelman Law: https://www.kelman.law
Episode links:
Chamath Palihapitiya: https://twitter.com/chamath
Social Capital: https://www.socialcapital.com/
Turmoil at Social Capital: https://www.theinformation.com/articles/social-capital-founder-gives-his-account-of-turmoil-at-firm
https://observer.com/2018/09/chamath-palihapitiya-social-capital-turmoil/
https://medium.com/@chamath/the-reports-of-our-death-have-been-greatly-exaggerated-11bcc80ee4ab
2019 interview with Kara Swisher: https://www.vox.com/podcasts/2019/3/4/18247010/chamath-palihapitiya-social-capital-happiness-identity-crisis-kara-swisher-teddy-schleifer-podcast
Chamath on Recode Decode in 2020: https://podcastnotes.org/recode-decode/chamath-palihapitiya-kara-swisher-investing/
Fed buying up to $250 billion in individual corporate bonds: https://markets.businessinsider.com/news/stocks/federal-reserve-begins-individual-corporate-bond-purchases-secondary-market-relief-2020-6-1029309910
CNBC interview where he says Bitcoin is an uncorrelated hedge: https://www.youtube.com/watch?v=-2gDmcU8bDw
https://www.cnbc.com/video/2017/12/12/social-capitals-palihapitiya-bitcoin-is-going-to-1-million-in-the-next-20-years.html
SPAC: https://www.wsj.com/articles/the-modern-ipo-is-useless-lets-reinvent-it-1506361770?mod=searchresults&page=2&pos=13
China’s blockchain efforts: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects
Capital as a service:
https://caas.socialcapital.com
https://medium.com/social-capital/from-experiment-to-product-capital-as-a-service-one-year-later-6d8b4b9c038b
2019 investor letter: https://www.socialcapital.com/annual-letters/2019
At Stanford GSB: https://www.youtube.com/watch?v=PMotykw0SIk
Learn more about your ad choices. Visit megaphone.fm/adchoices
Chamath Palihapitiya, the CEO of Social Capital and chairman of Virgin Galactic, talks about a wide range of issues, including Bitcoin, COVID, civil unrest, and broad economic trends and forecasts. We discuss:
Whether his economic forecasts have shifted throughout COVID
Why he believes a debt crisis will occur
How he views the success of BTC as a hedge against the ruling class
How the economic pendulum will swing back toward consumers
Why he doesn't mind if big corporations and hedge funds get wiped out
Whether he subscribes to the thesis that Bitcoin is uncorrelated
Why the pandemic has not spurred institutional adoption of crypto
Why he sees no merit in Ethereum
How the economy will become more decentralized in the future and whether blockchain will be a part of it
Why he prefers SPACs over ICOs
Why he started capital as a service
Why he believes the government should bust up large corporations
Unchained is hiring!
I'm looking for a remote editorial assistant. If you love crypto and have journalism experience, get in touch! https://unchainedpodcast.com/seeking-remote-editorial-assistant/
Thank you to our sponsors!
Crypto.com: https://crypto.com
Stellar: https://www.stellar.org
Kelman Law: https://www.kelman.law
Episode links:
Chamath Palihapitiya: https://twitter.com/chamath
Social Capital: https://www.socialcapital.com/
Turmoil at Social Capital: https://www.theinformation.com/articles/social-capital-founder-gives-his-account-of-turmoil-at-firm
https://observer.com/2018/09/chamath-palihapitiya-social-capital-turmoil/
https://medium.com/@chamath/the-reports-of-our-death-have-been-greatly-exaggerated-11bcc80ee4ab
2019 interview with Kara Swisher: https://www.vox.com/podcasts/2019/3/4/18247010/chamath-palihapitiya-social-capital-happiness-identity-crisis-kara-swisher-teddy-schleifer-podcast
Chamath on Recode Decode in 2020: https://podcastnotes.org/recode-decode/chamath-palihapitiya-kara-swisher-investing/
Fed buying up to $250 billion in individual corporate bonds: https://markets.businessinsider.com/news/stocks/federal-reserve-begins-individual-corporate-bond-purchases-secondary-market-relief-2020-6-1029309910
CNBC interview where he says Bitcoin is an uncorrelated hedge: https://www.youtube.com/watch?v=-2gDmcU8bDw
https://www.cnbc.com/video/2017/12/12/social-capitals-palihapitiya-bitcoin-is-going-to-1-million-in-the-next-20-years.html
SPAC: https://www.wsj.com/articles/the-modern-ipo-is-useless-lets-reinvent-it-1506361770?mod=searchresults&page=2&pos=13
China’s blockchain efforts: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects
Capital as a service:
https://caas.socialcapital.com
https://medium.com/social-capital/from-experiment-to-product-capital-as-a-service-one-year-later-6d8b4b9c038b
2019 investor letter: https://www.socialcapital.com/annual-letters/2019
At Stanford GSB: https://www.youtube.com/watch?v=PMotykw0SIk
Learn more about your ad choices. Visit megaphone.fm/adchoices
1 hr 11 min