Bro I used to listen to these guys all the time, read all their blogs, watched TechCrunch like 24-7 back in the 2010s, never once I heard about Bitcoin until like 2-3 years ago 😂 like a decade of my life that I devoted to watch this tech/startups culture ( which Bitcoin thrived early in ) and I never noticed, honestly just kill me already
The existing financial system has ATM fees, overdraft fees, wire transfer fees, fees of every kind at both the retail level and investment level. I think it's interesting to ask how many of these fees would be taken away from the financial system with Bitcoin. I also think this is the key to Bitcoin's initial adoption, cutting costs.
This is not a comment about the subject, but the audio. With all the software available out there, could we please level out the audio? Automatic gain control or something. Sorry for griping. Excellent subject matter.
if they are convinced about Bitcoin and its value why share the secret with average person keep the gains to your self. No VC ever share their investment unless they have to dump that investment.
![GEEK TIMË [OFFICIAL AUDIO]](http://i.ytimg.com/vi/ry-6RvkH880/mqdefault.jpg)
yeah good job youtube recommending it to me NOW and not a couple of years ago!!
😂😂😂
Bro I used to listen to these guys all the time, read all their blogs, watched TechCrunch like 24-7 back in the 2010s, never once I heard about Bitcoin until like 2-3 years ago 😂 like a decade of my life that I devoted to watch this tech/startups culture ( which Bitcoin thrived early in ) and I never noticed, honestly just kill me already
Bitcoin was around 500 USD when this video came out.
Right now it is 45000 USD.
😬
The existing financial system has ATM fees, overdraft fees, wire transfer fees, fees of every kind at both the retail level and investment level. I think it's interesting to ask how many of these fees would be taken away from the financial system with Bitcoin. I also think this is the key to Bitcoin's initial adoption, cutting costs.
I just bought another 500 USD in bitcoin and paid a 4% commission, someone is talking shit about ATM fees :)
40mins of talk on Bitcoin packed with good info from a16z founder and partner. Highly recommend.
Can't believe it's free
This is not a comment about the subject, but the audio. With all the software available out there, could we please level out the audio? Automatic gain control or something. Sorry for griping. Excellent subject matter.
I cant believe how many times im still making your comment haha
Wish I'd seen this video three years ago !
IamP3ngu1n you would have just bought Namecoin and lost 20x your BTC value :)
Anarquism is the ultimate form of Order. Cosmos emering from Chaos.
Thanks for posting!
10 FREAKIN YEARS AGO
almost a decade. looks so dated, and makes me feel old.
30th minute Balaji says IPO roadshow is itself kind of fee. Oh yeah! Like 10+%. Ha!
In March 2014 Marc Andreessen thinks the Bitcoin whitepaper came out in 2009? Wtf? This guy can't be trusted.
2021 YOW!!
Ayyy Rap Genius!
Lol so Marc Andreessen really think libertarians don't know the ledger is public? Really?
Their 2016 prediction on libertarians’ view was wrong.
@9:50 Marc drops a jewel
The FED counterfeits the USD :)
if they are convinced about Bitcoin and its value why share the secret with average person keep the gains to your self. No VC ever share their investment unless they have to dump that investment.
Lol
Network effect. Other people need to understand this new asset class.
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