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Konstantin Richter

05/03/25

@ EO

Bitcoin emerged as a response to the 2008 financial crisis, aiming to take control of money away from banks and create a transparent and fair system accessible to everyone.

Video

How Belief in Bitcoin Built a $3.3B Crypto CompanyㅣKonstantin Richter, Blockdaemon

@ EO

How Belief in Bitcoin Built a $3.3B Crypto CompanyㅣKonstantin Richter, Blockdaemon

05/03/25

Related Takeaways

Dalton Caldwell

09/11/24

@ Y Combinator

The creation of Bitcoin was a direct response to the 2008 financial crisis, reflecting distrust in government and traditional banking systems.

Dalton Caldwell

09/11/24

@ Y Combinator

Cryptocurrency emerged as a solution to fears of government-induced hyperinflation and the potential worthlessness of bank-held money.

Jack Dorsey

04/25/20

@ Lex Fridman

The timing of Bitcoin's release was an activist move, pushing the world forward and allowing everyone to participate in its narrative.

Sam Altman

06/28/24

@ PowerfulJRE

Bitcoin has the potential to become a universal viable currency due to its limited supply and decentralized nature.

Jack Dorsey

04/25/20

@ Lex Fridman

The internet must remain accessible to everyone, and having a universal currency will drive innovation and speed in building new solutions.

Konstantin Richter

05/03/25

@ EO

Crypto, when done correctly, is the antithesis to scamming; it's fully transparent and traceable, making it the most scam-resilient system at its core.

Peter H. Diamandis Cast

05/09/25

@ Peter H. Diamandis

Bitcoin is a better form of money than gold due to its portability, divisibility, and proven scarcity, and it is likely to become a significant part of government reserves over time.

Balaji Srinivasan

10/26/13

@ Y Combinator

With Bitcoin, capital controls will become obsolete, making it difficult for governments to seize assets as they have in the past.

Peter H. Diamandis Cast

05/23/25

@ Peter H. Diamandis

The ability to move instantaneously between stable coins and Bitcoin will be crucial for the future of microtransactions, potentially becoming a significant part of the economy by 2040.