Tools

Search

Explore

Videos Channels Figures

Atmrix

About

Tools

Search

Explore

Videos Channels Figures

Atmrix

About

BS

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.

Video

YC

Balaji Srinivasan at Startup School 2013

@ Y Combinator

Balaji Srinivasan at Startup School 2013

10/26/13

Related Takeaways

NC

Noam Chomsky

12/07/18

@ MIT Video Productions

Deregulation of capital is seen as a weapon against democracy and socioeconomic rights, which is why capital controls were part of the Bretton Woods System.

PH

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.

NR

Naval Ravikant

10/16/20

@ Tim Ferriss

The future of cryptocurrencies will involve more institutional investors, which will strengthen the narrative and increase validation for Bitcoin.

SA

Sam Altman

06/28/24

@ PowerfulJRE

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

PH

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.

DC

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.

KR

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.

NC

Noam Chomsky

12/07/18

@ MIT Video Productions

If capital flows are unregulated, they can create a 'virtual senate' of concentrated financial capital that imposes decisions on governments through the threat of capital flight, undermining democracy.

SA

Sam Altman

06/28/24

@ PowerfulJRE

The idea of a global currency outside government control is a logical and important step in technological advancement.