Ben Horowitz

speaker
3,643 appearances 14 recordings 1 series first heard Oct 2024 last heard 15 Jan

Ben Horowitz’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Nov OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Nov 2025 with 2.

Appearances

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There's some number of them that are printed, but it has no kind of other purpose than the beam itself. podcast-host
And the advantage of that in the kind of current regulatory environment is interesting because if you have a coin that does something that's, you know, has a utility, has a purpose, and it could be, you know, that there's kind of distributed physical infrastructure coins for podcast-host
You know, getting credit for energy that you provide on the grid and that kind of thing. podcast-host
But all of those under the Gensler regime are essentially illegal. podcast-host
Because or podcast-host
They're legal, but you'll get sued by the SEC by the US government. podcast-host
And the reason that you'll get sued is they claim that anything with utility is has asymmetric information attached to it, meaning the provider. podcast-host
of the coin knows something that the kind of consumers don't know and podcast-host
You know, we think it's a very bad argument because these things get decentralized and there isn't asymmetric information. podcast-host
But for sure with a meme coin. podcast-host
Because there's no information. podcast-host
There's no asymmetric information. podcast-host
It's just a coin and a name and you know, it could be a Trump coin or a podcast-host
Or a goatsey coin or whatever coin. podcast-host
And so for that set of things, which are, you know, by the way, great for scammers, because you know, you can say, Oh, this meme coin's gonna be worth whatever, none of those get sued by the SEC. podcast-host
And so one of the things Congress put in the market structure bill is saying, Hey. podcast-host
You know, maybe there should be a holding period for these coins so that people don't scam people. podcast-host
But of course, the SEC has been against that because they're not really for protecting consumers. podcast-host
They're, you know, just for wrecking the industry. podcast-host
And, you know, that's one of the reasons we've had this big political fight with them and so forth. podcast-host
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