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Gilfoyle cryptocurrency presentation - Silicon Valley S5

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In 350 BCE, Aristotle defined sound money as being durable, transferable, divisible, scarce, recognizable, and fungible.

Richard, a lot of work went into this presentation.

But you're missing out on a lot of wisdom here.

Why don't you tell me what you know about Bitcoin as a jumping-off point?

Uh, well, I'm pretty sure it was founded by a Japanese guy.

Or guys or girls, going by the name Satoshi Nakamoto in 2008.

Okay, look, every day I read an article about how we're in a Bitcoin bubble.

I don't want to say the establishment, but is it possible that Warren Buffett called Bitcoin a pyramid scheme because he has 92 billion conventional dollars to protect.

But they paved the way for other social media tripe like Facebook and Twitter to completely overrun the planet.

Crypto is out there, and it's not going away.

In the same way that a new Internet is sketchy, Richard?

If not decentralized, anonymous, secure, and an existential threat to the powers that be.

I would think that you'd be all in on something like that.

Yeah, but do you really think we can create a currency worth $30 million because that's what we'd be giving up.

But even if it's less, we would still gain control, autonomy, board seats, and shares, and you wouldn't have to rely on a VC who once fired you from your own company.


Speaker 0: In 350 BCE, Aristotle defined sound money as being durable, transferable, divisible, scarce, recognizable, and fungible. What?

Speaker 1: Can we skip ahead 2, 400 years? I mean, I know what cryptocurrency is.

Speaker 0: Richard, a lot of work went into this presentation.

Speaker 1: Okay.

Speaker 0: Fine. But you're missing out on a lot of wisdom here. Why don't you tell me what you know about Bitcoin as a jumping-off point?

Speaker 1: Okay, sure. Uh, well, I'm pretty sure it was founded by a Japanese guy.

Speaker 0: Or guys or girls, going by the name Satoshi Nakamoto in 2008. True identity still unknown.

Speaker 1: Okay, look, every day I read an article about how we're in a Bitcoin bubble.

Speaker 0: And who is writing those articles? I don't want to say the establishment, but is it possible that Warren Buffett called Bitcoin a pyramid scheme because he has 92 billion conventional dollars to protect. Let's say he's right. Let's say Bitcoin dies. So what?

MySpace, Friendster, they both died. But they paved the way for other social media tripe like Facebook and Twitter to completely overrun the planet. Crypto is out there, and it's not going away.

Speaker 1: It just feels sketchy.

Speaker 0: In the same way that a new Internet is sketchy, Richard? What? What is crypto? If not decentralized, anonymous, secure, and an existential threat to the powers that be. I would think that you'd be all in on something like that.

Speaker 1: Yeah, but do you really think we can create a currency worth $30 million because that's what we'd be giving up.

Speaker 0: Maybe. Probably even more. But even if it's less, we would still gain control, autonomy, board seats, and shares, and you wouldn't have to rely on a VC who once fired you from your own company.

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Gilfoyle cryptocurrency powerpoint - Silicon Valley S5