Nate Silver
๐ค SpeakerAppearances Over Time
Podcast Appearances
Impulsive and kind of stimulus-driven. He's also on Adderall, right? He said that wasn't that big a part of the story.
I mean, if you play enough poker where you have enough of a sample size where you see how things that affect yourself, like if you're hungry and then you're playing poker for like 12 years, I just want to bust out so I can go get a fucking steak or something.
I mean, if you play enough poker where you have enough of a sample size where you see how things that affect yourself, like if you're hungry and then you're playing poker for like 12 years, I just want to bust out so I can go get a fucking steak or something.
I mean, if you play enough poker where you have enough of a sample size where you see how things that affect yourself, like if you're hungry and then you're playing poker for like 12 years, I just want to bust out so I can go get a fucking steak or something.
You're making all these marginal high stress decisions and the cumulative effect of anything that you're doing, maybe Adderall or nicotine, you can understand why people might like that, right? But it's going to affect performance and mentality. Long story short, starts a fund called Alameda, kind of has some fallout there, but begins to make more and more money.
You're making all these marginal high stress decisions and the cumulative effect of anything that you're doing, maybe Adderall or nicotine, you can understand why people might like that, right? But it's going to affect performance and mentality. Long story short, starts a fund called Alameda, kind of has some fallout there, but begins to make more and more money.
You're making all these marginal high stress decisions and the cumulative effect of anything that you're doing, maybe Adderall or nicotine, you can understand why people might like that, right? But it's going to affect performance and mentality. Long story short, starts a fund called Alameda, kind of has some fallout there, but begins to make more and more money.
Eventually realizes if you really want to get rich quick, then there are certain crypto trades that look like a very good bet. Leveraging different prices of Bitcoin in Japan versus South Korea versus other things.
Eventually realizes if you really want to get rich quick, then there are certain crypto trades that look like a very good bet. Leveraging different prices of Bitcoin in Japan versus South Korea versus other things.
Eventually realizes if you really want to get rich quick, then there are certain crypto trades that look like a very good bet. Leveraging different prices of Bitcoin in Japan versus South Korea versus other things.
At the time, there were pretty big arbitrages because I believe this is right. In South Korea, you had to be a registered agent to trade Bitcoin or like a resident of South Korea. And they were pretty strict about it, at least at first. And this was back when Bitcoin was a somewhat more obscure thing. And so, yeah, if you could somehow find a way to buy Bitcoin in South Korea...
At the time, there were pretty big arbitrages because I believe this is right. In South Korea, you had to be a registered agent to trade Bitcoin or like a resident of South Korea. And they were pretty strict about it, at least at first. And this was back when Bitcoin was a somewhat more obscure thing. And so, yeah, if you could somehow find a way to buy Bitcoin in South Korea...
At the time, there were pretty big arbitrages because I believe this is right. In South Korea, you had to be a registered agent to trade Bitcoin or like a resident of South Korea. And they were pretty strict about it, at least at first. And this was back when Bitcoin was a somewhat more obscure thing. And so, yeah, if you could somehow find a way to buy Bitcoin in South Korea...
But makes this money and then founds FTX, which is a crypto exchange.
But makes this money and then founds FTX, which is a crypto exchange.
But makes this money and then founds FTX, which is a crypto exchange.
So first of all, I have to find somebody to sell me crypto, which is not a completely trivial problem. And you have to enter this 26 digit code and you can see what crypto is a bit intimidating. Whereas if you go to like an FTX or Coinbase or Gemini, then it's just E-Trade.
So first of all, I have to find somebody to sell me crypto, which is not a completely trivial problem. And you have to enter this 26 digit code and you can see what crypto is a bit intimidating. Whereas if you go to like an FTX or Coinbase or Gemini, then it's just E-Trade.
So first of all, I have to find somebody to sell me crypto, which is not a completely trivial problem. And you have to enter this 26 digit code and you can see what crypto is a bit intimidating. Whereas if you go to like an FTX or Coinbase or Gemini, then it's just E-Trade.
You deposit 20,000 bucks from your bank account. You press a button, you buy Bitcoin, they take more of a surcharge than they probably should. But now I own Bitcoin, which technically you actually don't. They are just allocating that to your bank account and they own the Bitcoin. But usually that was respected. I can't speak for all these firms.