David Sachs
👤 SpeakerAppearances Over Time
Podcast Appearances
Two regulations that do affect you, crypto regulation and capital formation. Both of those things are massive.
This is my point of view, but...
This is my point of view, but...
Sonic boom. Watch out. I'll give you two really simple ones. Allowing everybody in the United States to participate in company formation would change everything. 95% of the company cannot participate in investing in startups or any new company, which is crazy. The accreditation laws would be massive.
Sonic boom. Watch out. I'll give you two really simple ones. Allowing everybody in the United States to participate in company formation would change everything. 95% of the company cannot participate in investing in startups or any new company, which is crazy. The accreditation laws would be massive.
Well, that's what it is. I mean, you're free to go to Vegas and gamble. You're free to, you know, play, you know, online sports. I think the next governor of California... But you're not free to buy Bitcoin. You're not free to buy... You are free to buy Bitcoin. Well, Bitcoin you can, yeah. But you're not free to create a token, right? There should be some clear path of regulation for that.
Well, that's what it is. I mean, you're free to go to Vegas and gamble. You're free to, you know, play, you know, online sports. I think the next governor of California... But you're not free to buy Bitcoin. You're not free to buy... You are free to buy Bitcoin. Well, Bitcoin you can, yeah. But you're not free to create a token, right? There should be some clear path of regulation for that.
I was about to say, you took the joke right out before I got to it. Damn it. That was such an easy one. Yeah, you could live in the governor's mansion, also known as smaller than your guest house. That would be your backup man cave. Well, actually, that's happened. People have... In New York, I remember one of the governors was like, yeah, you know, I'm good. I don't need to live in the mansion.
I was about to say, you took the joke right out before I got to it. Damn it. That was such an easy one. Yeah, you could live in the governor's mansion, also known as smaller than your guest house. That would be your backup man cave. Well, actually, that's happened. People have... In New York, I remember one of the governors was like, yeah, you know, I'm good. I don't need to live in the mansion.
Where do you want to go next, boys? We have other things on the docket. Would you like to go to our war correspondent? Would you like to go Chrome, Google breakup? Would you like to go NVIDIA? Where would you like to go? World War III, I think, is important. Sax, you put World War III on the docket. Would you like to tee it up for us? Yeah.
Where do you want to go next, boys? We have other things on the docket. Would you like to go to our war correspondent? Would you like to go Chrome, Google breakup? Would you like to go NVIDIA? Where would you like to go? World War III, I think, is important. Sax, you put World War III on the docket. Would you like to tee it up for us? Yeah.
Well, this is why they have caps at the roulette table. One time I would do this as a joke.
Well, this is why they have caps at the roulette table. One time I would do this as a joke.
So I would do this as a joke with my wife when I was at the World Series of Poker. I'd be like, I'm going to pay for dinner or lunch or whatever. And I put $100 on black, lose, put $200 on black, win, go pay for lunch. And I did it one time at the WSOP and I went 100, 200, 400, 800, 1600. I ran out of cash. I got 3,200 from my friend. I put it down.
So I would do this as a joke with my wife when I was at the World Series of Poker. I'd be like, I'm going to pay for dinner or lunch or whatever. And I put $100 on black, lose, put $200 on black, win, go pay for lunch. And I did it one time at the WSOP and I went 100, 200, 400, 800, 1600. I ran out of cash. I got 3,200 from my friend. I put it down.
The floor man came over and said, that's your last bet.
The floor man came over and said, that's your last bet.
My buddy and I would go play. If you do this. Yeah.
My buddy and I would go play. If you do this. Yeah.
Yeah, I've been with you at that blackjack table and watched you drink.