After 2 years of living in SF, I've seen many AI folks disgusted with crypto. So I wanted to write a post talking about why AI needs crypto and why it's important, without the fluff and hype.
🇺🇸 all-in takes dc!
@chamath and @friedberg sat down with @USTreasury secretary @SecScottBessent for an incredible long-form interview
-- main street vs wall street
-- the trump admin's economic strategy
-- scott's involvement in the legendary trade that broke the bank of england in 1992
-- how to de-regulate the american economy
-- doge + dc grifts
++ much more!
(0:00) chamath and friedberg describe their adventures in dc and welcome treasury secretary scott bessent!
(2:12) scott's background, what drew him to equities, the role of macro investors
(7:22) the legendary trade that broke the bank of england in 1992, and how it relates to main street vs wall street today
(21:30) scott explains the trump administration's economic strategy
(32:45) how this administration plans to de-regulate the economy, fed relationship, re-financing debt
(42:06) doge, dc grifts, shakeup at the irs
(50:51) re-engineering social security through the us sovereign wealth fund, how energy factors in
(1:00:02) surprises, fixing affordability, thoughts on president trump
1/ A lot of people have been asking for advice on how to start a career in Web3.
Before 2015, I was also in a similar position. Trying to figure out how best to tap into this exciting industry.
Here are 11 tips on how to maximize your chances.
🧵
1/ Getting a crypto job 🧵
Yesterday I offered to help people find a job in crypto.
I’ve received 600+ DM’s asking for advice.
I figured I’d share some thoughts publicly for people trying to enter this industry.