E56: Constitution DAO, Rittenhouse trial coverage, private sector efficiency vs the government
- Nov 19, 2021
- 1:15:41
- Full Episode
0:00 Bestie intro 1:14 Constitution DAO: implications, shortcomings, how to move forward? 29:58 Rittenhouse trial media coverage 50:52 Ken Griffin plays heel (again), private sector efficiency vs. government inefficiency 1:07:08 Pete Davidson's pull, Sacks' taste in music, wrap
Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg
Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast
Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg
Intro Video Credit: https://twitter.com/TheZachEffect
Referenced in the show: https://www.cnbc.com/2021/11/18/constitutiondao-crypto-investors-lose-bid-to-buy-constitution-copy.html https://twitter.com/constitutiondao https://www.constitutiondao.com https://www.coindesk.com/tech/2021/11/19/constitutiondao-outbid-for-first-printing-of-americas-founding-document-in-sothebys-auction/ https://youtu.be/1TBa-9Lx3vc?t=8762 https://www.cbsnews.com/live-updates/kyle-rittenhouse-trial-closing-arguments-self-defense/ https://www.nytimes.com/live/2021/11/19/us/kyle-rittenhouse-trial https://twitter.com/elonmusk/status/1461372314424164367 https://www.wsj.com/articles/citadel-ceo-ken-griffin-outbid-a-group-of-crypto-investors-for-copy-of-u-s-constitution-11637352087 https://www.nytimes.com/2021/11/17/us/politics/biden-build-back-better-act.html https://www.cnbc.com/2021/11/17/amazon-to-stop-accepting-visa-credit-cards-issued-in-the-uk.html https://twitter.com/ConceptualJames/status/1461007806333693959 https://www.cnbc.com/2021/11/05/sam-altman-puts-375-million-into-fusion-start-up-helion-energy.html https://www.cnbc.com/2021/11/17/bill-gates-terrapower-builds-its-first-nuclear-reactor-in-a-coal-town.html https://www.youtube.com/watch?v=zHZ4MfOiqm8 https://www.huffpost.com/entry/emily-ratajkowski-women-find-pete-davidson-attractive_n_618be849e4b06de3eb7dfbbe
Brief Summary
The episode discusses the Constitution DAO auction, Rittenhouse trial verdict, and media narratives, featuring Chamath Palihapitiya and David Friedberg.
Key points
- The DAO Auction Controversy. A DAO raised $46 million to bid on a copy of the U.S. Constitution, but faced unexpected challenges.
- The Future of DAOs. The discussion revolves around the implications of DAOs and their governance structures.
- Regulatory Concerns. The participants debate the potential regulatory scrutiny DAOs might attract.
- Crowdfunding Rules Evolution. The crowdfunding rules have evolved significantly, allowing for rapid capital formation.
- Kyle Rittenhouse Trial Verdict. Kyle Rittenhouse was found not guilty of all charges after shooting during protests.
- Media Narratives and Racial Perceptions. The media's portrayal of the Rittenhouse case fueled polarization and misinformation.
Episode highlights
- The DAO Auction ControversyA DAO raised $46 million to bid on a copy of the U.S. Constitution, but faced unexpected challenges.“Everybody thought that the DAO had won...”3:10Nov 19, 2021
- The Future of DAOsThe discussion revolves around the implications of DAOs and their governance structures.“This is a critical moment in the history of cryptocurrencies.”6:13Nov 19, 2021
- Regulatory ConcernsThe participants debate the potential regulatory scrutiny DAOs might attract.“This will invite regulatory scrutiny faster than it will keep it away.”15:54Nov 19, 2021
- Crowdfunding Rules EvolutionThe crowdfunding rules have evolved significantly, allowing for rapid capital formation.“This was done in days, that's what's so powerful.”20:54Nov 19, 2021
- Kyle Rittenhouse Trial VerdictKyle Rittenhouse was found not guilty of all charges after shooting during protests.“A 12-person jury reached the decision after over 26 hours of deliberation.”30:02Nov 19, 2021
- Media Narratives and Racial PerceptionsThe media's portrayal of the Rittenhouse case fueled polarization and misinformation.“The media wanted this to be a white kid who killed black people.”34:30Nov 19, 2021
- Media AccountabilityA discussion on the responsibility of media in shaping narratives and public perception.“The media can be held accountable for how they lie.”42:56Nov 19, 2021
- The State of Corporate MediaExploring the declining credibility of major media outlets and their impact on public trust.“The corporate media's credibility has never been lower.”46:23Nov 19, 2021
