On the record about
2 people · 6 quotes · 17 Nov 2017 to 2 Dec 2025
2 of 2 lanes rest on fewer than 5 quotes and are marked thin. Offsets are days from the middle first-quote date, 17 Nov 2017 — a date, and nothing else. It is not a claim about who reached a view first.
Gurley argues Bitcoin serves countries with overinflating currencies and low trust in government money.
“And so if you live in one of those countries where you don't trust the currency of your own government, you know, how do you wanna get paid?”
Gurley says Benchmark pays white hat hackers through HackerOne in Bitcoin in countries with untrusted currencies.
“We we we work with a company called HackerOne that pays white hat hackers to find vulnerabilities in large websites.”
Gerstner recounts passing on 21.co deal with Andreessen when Bitcoin was at $1,100 in 2014.
“So we're looking at a deal with, Andreessen, because I thought Balaji was one of the smartest people in the space. The company was called twenty one dot co.”
“the market cap of the world, the net worth of the world is like $45,500,000,000,000,000. Equities, I think, are like 120 or stuff. Real estate's probably another 100, 150.”
“we're like Bitcoin at two. And I'm like, god, so Bitcoin represents two out of 500 of the net worth of the world or 400, whatever. It moves a little bit. Could it be four?”
Gerstner compares Bitcoin down 10% to gold up 50-60%, calling one a risk asset and one not.
“Bitcoin this year is down 10%. Gold is up 50 or 60%. I hope we can dispel the myth. Right? One is a risk asset and one is not.”