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Money Talks: Felix Wins His Crypto Bet

Slate Daily Feed

Slate

Business, News, Society & Culture

3.91.1K Ratings

🗓️ 16 April 2024

⏱️ 37 minutes

🧾️ Download transcript

Summary

Five years ago, tech investor Ben Horowitz of Andreessen Horowitz bet our own Felix Salmon a 100-year-old bottle of wine that 10% of Americans would be using Bitcoin to pay for something by now. Ben lost, of course, but he’s ready to double down with a new digital wager! He and partner Chris Dixon discuss the past and present of crypto, blockchain, and AI.

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Podcast production by Jared Downing and Cheyna Roth.


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Transcript

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0:00.0

Hello, welcome to Money Talks from Slate Money.

0:16.0

This is a very, very special episode of Money Talks because I only do this once every five years.

0:23.3

I'm Felix Hammond of Axios, and I have had various affiliations

0:27.2

over the years, but the one thing that is a constant

0:29.6

since the beginning of the age of Bitcoin

0:32.0

is that every five years I get into a bet with

0:34.0

Ben Horowitz. Ben Horowitz welcome. Thank you Felix it's good to be back after five

0:39.0

years. Ben you are well tell me who are you, introduce yourself?

0:43.4

I am one of the founding partners of Andresen Horowitz

0:47.5

who are, I think we have the largest crypto fund in the world, is that right, Chris?

0:52.1

Yeah, this other gentleman who's just jumped in here. this crypto fund in the world is that right? Yeah.

0:53.0

This other gentleman who's just jumped in here is Chris Dixon.

0:56.0

Welcome.

0:57.0

Hi Felix, how are you?

0:58.0

Thanks for having me.

0:59.0

Chris, what's your role in the cryptoverse?

1:01.0

And plug your book?

1:02.0

So I'm Ben's partner.

1:03.4

I've worked with Ben for about 10 years and I created our separate

1:07.0

crypto fund that we started about five years ago and I just published a book.

1:10.3

Thank you for mentioning that.

1:11.3

It's called Read Right Own. It's about

...

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