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Crypto’s de-platforming and the balkanization of AI with Vinny Lingham | E1710
This Week in Startups
The Future of Cryptocurrencies
Coinbase lost 557 million dollars in Q4 and has a 4.5 billion dollar cash position, but they also own $861 million in USDC. I think that gold becomes... If the US dollar goes through some sort of hyper-inflationary period or something happens, any part of the world is going to start having to buy gold to back their currencies. And so you can imagine if other currencies are starting to collapse and the global debt to GDP ratio is 350% plus. So this seems to me like there could be a cash crunch here.
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