Chamath Palihapitiya - This is the Most Disruptive Force BTC, ETH And Defi

Chamath Palihapitiya - This is the Most Disruptive Force BTC, ETH And Defi

I am afraid for America, This is the most disruptive force

In this video, David Sacks, Chamath Palihapitiya, Jason Calacanis, and David Friedberg discuss the steps taken by the American government COVID-19. They also shed light on the recent Afghan war and other issues. Here is the summary of the discussion:

The media seems to be on the side of the vaccine mandate. They want the top-down control and the sense of theoretical safety that a vaccine mandate gives them in their little bubble. However, whether we believe in vaccine mandates or not, it's coming. It's also coming to the LA school district.

Another insane statistic is the ratio of administrators to doctors in the US healthcare system, which is now 900:1, which was 5:1 in 1970. It was 300:1 before Obamacare.

Obamacare was great. But there was one fatal flaw: the minute that people decide to have only 20% gross margin, you've got to jack up prices to jack up revenues. Because you can only take 20%, you've got to take 20% of a bigger number than a smaller number. So, it completely burned the incentives for any healthcare company in the United States to do anything other than walk prices up. Meanwhile, if you look at the stock prices of these companies, you would have made more money being long United Healthcare than you would have been owning Facebook, Google, or any other tech company in the last decade.

The US spent $2 trillion on the Afghanistan war, with 2,500 American casualties and 40,000 wounded. Meanwhile, the Chinese are building a superhighway. The Taliban has one of the best-equipped armies in the world.

The helicopters that were left behind are nonfunctional. But the US left a gigantic cache of weapons for the Taliban. However, the good news is that over the same 20-year period, the US government has invested about $2 trillion in the venture capital space. And this roughly tallied up to the money spent on the Afghanistan war.

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