Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom
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All right, everybody, welcome back to the number one podcast in the world. We are together in person. Yes, the besties are together in Vegas. It's going to be a great time. We're here for F1. This is a test. And our friends at The Venetian have been amazing, gracious hosts. They gave us their beautiful studio here. We're going to play some cards. We're going to have Phil Hellmuth, Jason Kuhn, all of our besties are coming. And I've never stayed at The Venetian before.
It's amazing.
Wonderful suites they gave us. It's beautiful. They VIPed us out, and this is the place you want to play cards. They've got a beautiful brand-new poker room. They've got a high-stakes room. We'll be playing here later.
We'll be playing the secret game. And, yes, trackside for Formula 1. And we're here for F1. We're going to be releasing— I brought a car dealer with me. Wait.
You brought a car dealer with you? You know Matthew? Oh, your car dealer from your home game is here. Is he dead money? What's the story here? No, sadly. No? Okay. I haven't been in the home game for a little bit, and it looks like people got out of line. But anyway, thank you so much to our friends at The Venetian. They're doing a ton of poker content here, so you can look at that on their YouTube. All right, everybody, you've wanted us to talk about the Epstein Files, and we're going to talk about it today. In a stunning turn of events, the House and Senate voted nearly unanimously to release the Epstein Files. The vote was 427 to 1, Chamath, for the Epstein Files Transparency Act. No, the person who abstained, well played, was Republican Clay Higgins from Louisiana.
Thanks for asking. He said it reveals and injures thousands of innocent people, witnesses, people who provided alibis, family members. He makes a great point. But AG Pambandi, of course, has addressed that already, that they're not going to release any open investigations and they're going to remove names if it would harm anybody. The Senate passed it by unanimous consent. which requires a sign-off from every senator and Trump. In a reversal, signed the bill last night saying, give them everything. We did see some emails come out from the Epstein files last week. Friend of the pod, Larry Summers, was a main character in them. And he was communicating with Epstein up until 2019, asking him, for advice on dating.
He's since stepped down from OpenAI and several other public facing roles. And was just, I think, put on leave from Harvard. I mean, what do you guys think's gonna be the fallout from this, I guess, is what... From the release of the files? Is that the question? Yeah, I mean, I guess we'll put our tinfoil hats on.
No, but look, let's break this down. So I think the first question is, what is the relation between the Epstein files and Donald Trump? And I think the answer is it's flimsy. And the reason is because this is the most investigated, most litigated human being on earth. And I think that if you had something that was incredibly salacious and accusatory of Trump, it would have been released during the Biden administration because it would have made a lot of sense politically to try to damage his candidacy. So the fact that we haven't seen much of anything other than some photos means that there's nothing there related to Trump. So then the question is, why didn't the Biden administration release more of the files when they had them for four years.
And it's probably because there are a non-trivial number of Democratic operatives that are touched by these things.
Well, also they did have, I think the reason they didn't release them was because there was an open Ghislaine Maxwell case as well, and she was appealing it so they couldn't release it.
There's probably two of them, but you know how this works. There's innumerable number of ways to leak stuff, right? My point is now what you're starting to see in these documents is that it seems to be tainting the Democratic establishment elite more than the Republicans. It explains why there was so few leaks in the last four years.
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