All-In with Chamath, Jason, Sacks & Friedberg The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
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Feb 21, 2025 
John and Patrick Collison, co-founders of Stripe, dive deep into the evolution of fintech with Stripe revolutionizing payment solutions. They discuss the rise of stablecoins and their potential to disrupt traditional finance. The duo also critiques the Pentagon's exploration of meme coins for defense budget cuts and shares insights on their work at the Arc Institute, including groundbreaking AI models. Additionally, they reveal why Stripe remains private, emphasizing strategic focus over public market pressures.
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Missed Opportunity
- Chamath missed out on investing in Stripe early on.
- He met the Collison brothers 18 years prior when they were working on their previous startup.
Stripe's Target Market
- Stripe initially targeted startups because they believed payments were broken for them.
- They later realized the issue affected everyone, expanding their services to large enterprises.
Stablecoin Use Cases
- Stablecoins are becoming increasingly useful, particularly for cross-border transactions and treasury management.
- They offer US dollar services globally and address the limitations of Bitcoin as a payment method.
