Episode
E50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
1:23:10
Published: Sat Oct 09 2021
Description
Show Notes: 0:00 Mercury is in retrograde & impacting the besties 2:01 Sacks on Solana, sophisticated crypto strategies, crypto deep dive 26:23 Building regulatory framework for utility tokens, institutional money in crypto 40:59 Facebook whistleblower, potential ramifications & regulation 57:10 Comparing potential Facebook regulation to Microsoft regulation in the 1990s 1:02:34 Is decentralization a solution for social media? 1:09:09 Chappelle's controversial new special, All-In summit & more Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://coinmarketcap.com https://www.bitgo.com/newsroom/press-releases/galaxy-digital-to-acquire-bitgo https://www.coindesk.com/policy/2021/09/30/fed-chair-powell-says-he-has-no-intention-of-banning-crypto/ https://www.bitwiseinvestments.com https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether https://twitter.com/KariyaKanav/status/1446207805220917252 https://www.ledgerinsights.com/sec-gensler-calls-out-utility-tokens-in-european-crypto-asset-briefing/ https://techcrunch.com/2021/10/06/fantasy-equity-nft-game-wants-you-to-spend-real-money-buying-fake-shares-of-real-startups/ https://techcrunch.com/2021/10/07/fantasy-startup-investing-nft-platform-visionrare-shuts-down-paid-marketplace-after-a-day-in-open-beta/ https://nypost.com/2015/06/14/141m-sculpture-may-point-to-top/ https://www.facebook.com/zuck/posts/i-wanted-to-share-a-note-i-wrote-to-everyone-at-our-company-hey-everyone-its-bee/10113961365418581 https://www.netflix.com/title/81228510 https://twitter.com/DavidSacks/status/1446245636563619840 https://twitter.com/DavidSacks/status/144624654499108864
Chapters
In this episode, the hosts celebrate the milestone of reaching episode 50 and share a funny anecdote about a visit to the doctor.
00:00 - 02:49 (02:48)
Summary
In this episode, the hosts celebrate the milestone of reaching episode 50 and share a funny anecdote about a visit to the doctor.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
As an LP in a fund, investors have the opportunity to place small bets and gain a comprehensive education about a specific sector.
02:49 - 09:49 (07:00)
Summary
As an LP in a fund, investors have the opportunity to place small bets and gain a comprehensive education about a specific sector. However, credit is also given to the investor's team when opportunities arise.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The success paths of decentralized social programming frameworks like Deeso, Internet connectivity initiatives like Helium, and other layer one protocols in the crypto realm differ considerably, making it important for investors to have faith in the right set of ideals.
09:49 - 14:16 (04:27)
Summary
The success paths of decentralized social programming frameworks like Deeso, Internet connectivity initiatives like Helium, and other layer one protocols in the crypto realm differ considerably, making it important for investors to have faith in the right set of ideals. While the first step of investing in Bitcoin may be having 1-2% of your portfolio in the leading cryptocurrency, further ventures require the potential for making upwards of $500 million to $1 billion.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Brian Kelly highlights the importance of regulating the cryptocurrency industry, removing questionable actors like Tether, and treating it like a money market fund.
14:16 - 22:55 (08:38)
Summary
Brian Kelly highlights the importance of regulating the cryptocurrency industry, removing questionable actors like Tether, and treating it like a money market fund.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The debate persists on whether a token is a utility or a security.
22:55 - 33:49 (10:53)
Summary
The debate persists on whether a token is a utility or a security. While founders may declare their tokens as utility, regulators are still concerned with the lack of transparency and the only people in the spotlight are the quick gains.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Stripe's founder discusses securities laws, entrepreneurship, and investing in crypto, including NFTs.
33:49 - 37:49 (03:59)
Summary
Stripe's founder discusses securities laws, entrepreneurship, and investing in crypto, including NFTs.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The speaker shares his experience of participating in an auction for a sculpture and compares it to the running of the bulls.
37:49 - 40:55 (03:06)
Summary
The speaker shares his experience of participating in an auction for a sculpture and compares it to the running of the bulls. He also mentions an opportunity to preview and purchase items before the auction.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
A regulatory agency similar to the FTC is being proposed to oversee social media networks and analyze the effects of their experiments, according to a credible spokesperson.
40:55 - 48:13 (07:18)
Summary
A regulatory agency similar to the FTC is being proposed to oversee social media networks and analyze the effects of their experiments, according to a credible spokesperson. The agency would not aim to break up Facebook, but instead introduce soft interventions to counteract the negative effects on young people, such as body dysmorphia.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This podcast discusses how algorithms used for content curation can lead to the spread of misinformation and polarizing content, ultimately prioritizing engagement over quality, accurate information.
48:13 - 54:33 (06:19)
Summary
This podcast discusses how algorithms used for content curation can lead to the spread of misinformation and polarizing content, ultimately prioritizing engagement over quality, accurate information.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The power of big tech companies and their ability to crush competitors raise concerns, as seen with Microsoft in the late 90s.
54:33 - 59:53 (05:20)
Summary
The power of big tech companies and their ability to crush competitors raise concerns, as seen with Microsoft in the late 90s. Currently, Facebook must now slow down, and the negative narrative about how people use the platform is being fueled by traditional media who feel disintermediated by Facebook.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The hosts discuss the potential outcomes of increased regulation of big tech companies like Facebook, drawing comparisons to past cases like Microsoft's antitrust lawsuit in 2000, and propose possible solutions such as adjusting the algorithm and charging for access to the platform.
59:53 - 1:09:13 (09:20)
Summary
The hosts discuss the potential outcomes of increased regulation of big tech companies like Facebook, drawing comparisons to past cases like Microsoft's antitrust lawsuit in 2000, and propose possible solutions such as adjusting the algorithm and charging for access to the platform.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Comedian Dave Chappelle's latest stand-up special on Netflix addresses cancel culture and woke in a more personal and introspective way than his previous work, dealing with issues like police brutality and race.
1:09:13 - 1:13:51 (04:37)
Summary
Comedian Dave Chappelle's latest stand-up special on Netflix addresses cancel culture and woke in a more personal and introspective way than his previous work, dealing with issues like police brutality and race. However, some of his jokes were uncomfortable and he might be trying to push the platform away with his opinions.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The fear of social media addiction and the control of information by big tech companies have led to exaggerated fears beyond recognition, and throttling the velocity of algorithms to control the spread of information could help big tech companies assert control over content and protect free speech from cancel culture.
1:13:51 - 1:18:21 (04:30)
Summary
The fear of social media addiction and the control of information by big tech companies have led to exaggerated fears beyond recognition, and throttling the velocity of algorithms to control the spread of information could help big tech companies assert control over content and protect free speech from cancel culture.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
This podcast features a conversation that involves quotes from different movies and talks about missing out on opportunities and the importance of staying in touch with old friends through poker games.
1:18:21 - 1:20:53 (02:31)
Summary
This podcast features a conversation that involves quotes from different movies and talks about missing out on opportunities and the importance of staying in touch with old friends through poker games.
EpisodeE50: Crypto investing deep dive, Facebook's whistleblower fallout, Chappelle's new special & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The podcast discusses the extravagant members clubs in London due to alcohol regulations and the process of selecting the next travel destination by drawing cards.
1:20:53 - 1:22:57 (02:04)
Summary
The podcast discusses the extravagant members clubs in London due to alcohol regulations and the process of selecting the next travel destination by drawing cards.