Chamath Palihapitiya
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Appearances Over Time
Podcast Appearances
And when you look at the Supreme Court at the federal level, the case law on this, this is the strongest challenge that people will have.
And this is where
there is a preponderance of evidence in the favor of people saying that this is unjust and this is a taking and being able to use the Supreme Court to bat this back.
Now, that'll take five and 10 years to litigate because it'll be there drawing itself through the courts forever.
But when you look at the fact that that will be the angle of attack that people will take if this passes, I 100% agree with you, Sax.
If this union were smart enough, what they would have done is say, this is going to start Jan 1 of 2027.
It probably would make the ballot.
It probably would pass.
And they would get all the loot.
And it would be very difficult to legally challenge this thing.
It was a huge miscalculation by that union, but in 28 or 30 or 32, this will rear its ugly head.
It will be better architected, and there will be no way around it.
And at that point, why create an artificial line at one with nine zeros after it?
Why?
Why?
It's stupid.
Go to 100 million.
Get everybody.
Whoa, whoa, whoa, whoa, whoa, whoa.
Let's move that number up a little bit.