I also thought it was weird when he was talking about how 20 “crypto” founders he knew got debanked. Joe is like what “did they do”. Marc’s like “they had to find something else to work on”. mfer they work on *cryptocurrency* and they had to stop working on it when they were debanked!?

What is the supposed point of cryptocurrency exactly? Oh right they don’t see their pump and dump coins as a banking replacement. Be your own bank, that’s the entire point. 🤦‍♂️ nostr:note1tq90scmdtassxyv640eanryzdhme2mug7zswwk2edadl08c3kncsl9xa5r

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Sounds like you watched the whole thing so that we don't have to

Lol

Marc is such an idiot

Even if one generally likes Rogan, two types of his interviews that are both painful to watch and a giant waste of time are musicians and Silicon Valley execs.

Scam Altman and Marc Scamdressen get to spout off two hours of BS word vomit to the general response of “whoa, no way, that’s crazy.”

I am thinking about creating a new client which focuses on giving free things away probably with a QR code on Nostr profile. Collects a fee in bitcoin or ecash with multiple balances but no USD and interchangeable ecash between communities and ecash as a replacement for points, miles, stars etc. what do you think about a client like this and what would be an estimate of cost to build and cost to maintain? Thank you and if you know of any developers I can send you a few UI/UX concepts and discuss the bigger picture strategy of using customer loyalty as a Trojan horse to create circular economies with brand balances, package balances, community balances, executive orders for balance sheet strategies using merchants and transforming small business marketing and advertising on both a community scale and a world scale while revolutionizing fundraising as well. It’s called NOSTR fundraising but I need a good person that can build anything🙂. Thank you gents, we can do a lot of cool things love to have a meet up of devs where people whiteboard their ideas and take feedback and quotes and maybe hire people right from that venue which could be bitcoin park or similar location. Plus I want other bitcoin parks funded and built to start opening jobs, so lots of stuff and that’s just the start 🙂

Why is that surprising?

One of the most common ways to make money has been to do some kind of fiat/crypto conversion.

Secondly, it's impossible in a lot of countries for companies to function without bank accounts. Not just from a practical point of view either. Legally speaking you have no choice but to pay for many things with fiat bank accounts.

In fact, IIUC at the moment that's true in Canada because Canada Post is on strike, and IIUC the only way Revenue Canada accepts cash payments is through Canada Post branches. Every other mechanism goes through a limited number of third parties that can and do debank people.

I mean, we know that Marc Andreesen doesn't get Bitcoin and that he sees "crypto" as a way for himself to make money. Nothing new on the horizon.

Also he acted like the only reason for the 2022 crash was that these ethereum founders got debanked and had to stop working on their projects…. No bubble at all

Sounds true.