How Do You Know if You're Getting a 1% Fee?

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

The dynamics of that is pretty interesting. Like how do you, how do you know these things? You know, because order books are fascinating. And we've had people sort of pen test our systems in really creative ways where like they'll just fire like programmatically with API's and then actually take the money right there. I mean, just it's fascinating because even just like that little detail probably requires a lot of experimentation. Yeah.

Brian Armstrong is the CEO of Coinbase. Please support this podcast by checking out our sponsors:
– Audible: https://audible.com/lex
– Skiff: https://skiff.org/lex
– BiOptimizers: http://www.magbreakthrough.com/lex to get 10% off
– Fundrise: https://fundrise.com/lex
– Athletic Greens: https://athleticgreens.com/lex and use code LEX to get 1 month of fish oil

EPISODE LINKS:
Brian’s Twitter: https://twitter.com/brian_armstrong
Brian’s Instagram: https://www.instagram.com/brian_armstrong
Coinbase’s Website: https://www.coinbase.com
ResearchHub: https://www.researchhub.com
NewLimit: https://www.newlimit.com/

PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
Apple Podcasts: https://apple.co/2lwqZIr
Spotify: https://spoti.fi/2nEwCF8
RSS: https://lexfridman.com/feed/podcast/
YouTube Full Episodes: https://youtube.com/lexfridman
YouTube Clips: https://youtube.com/lexclips

SUPPORT & CONNECT:
– Check out the sponsors above, it’s the best way to support this podcast
– Support on Patreon: https://www.patreon.com/lexfridman
– Twitter: https://twitter.com/lexfridman
– Instagram: https://www.instagram.com/lexfridman
– LinkedIn: https://www.linkedin.com/in/lexfridman
– Facebook: https://www.facebook.com/lexfridman
– Medium: https://medium.com/@lexfridman

OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(08:19) – Programming
(14:17) – Coinbase
(45:05) – Startup advice
(1:02:56) – Economic freedom
(1:12:06) – Coinbase technology
(1:23:33) – Listing on Coinbase
(1:32:47) – Regulations
(1:47:25) – Crypto dominance
(1:51:42) – Employee activism
(2:08:00) – Leadership
(2:10:39) – ResearchHub
(2:20:17) – NewLimit
(2:24:44) – Advice for young people
(2:28:55) – Meaning of life