- Investor Chamath Palihapitiya spoke about Bitcoin, local weather change, and Silicon Valley’s tradition of embracing failure in a RealVision interview launched on Friday.
- The Virgin Galactic chairman and Social Capital CEO additionally tackled matters equivalent to social media, elite schools, and digital schooling.
- Scroll down for his eight greatest quotes from the interview.
- Visit Business Insider’s homepage for more stories.
Billionaire investor Chamath Palihapitiya mentioned Bitcoin, local weather change, and Silicon Valley tradition in a RealVision interview filmed on November 16 and revealed on Friday.
The Social Capital chief and Virgin Galactic chairman additionally spoke concerning the energy of social media, criticized elite schools, and referred to as for modifications to digital schooling.
Listed here are his 8 greatest quotes from the interview, evenly edited and condensed for readability:
1. “There’s a secret that’s hiding in plain sight in Silicon Valley, which is that while you fail, you study.”
2. “Everyone else factors and laughs and mocks failure. Whereas right here, it’s a actual badge of honor.”
3. “You’re more likely to have The Rock, or Kim Kardashian, or Charli D’Amelio be the following nice politician, than you’re some one that is steeped in coverage and who actually understands what to do” – discussing how social media redistributes energy and affect to those that can harness it.
4. “The loudest individuals are by no means the neatest folks.”
5. “Local weather change has this unbelievable characteristic that it’s a Computer virus for normalization. No one has time to be hacking and blowing issues up and being extremist if you find yourself targeted on financial survival.”
6. “Pragmatist rhetoric is what’s going to get your mom and your grandmother to have Bitcoin of their pockets” – suggesting demand for cryptocurrencies will probably be extra widespread in the event that they’re pitched as hedges or a part of a portfolio fairly than the last word funding.
7. “Locations like Harvard and Stanford are actually corrosive. They’re nugatory. They’ve created a monoculture of check-boxing dipshits. They’re money-management establishments that mainly dole out energy and affect based mostly on acceptance and admittance that simply entrench the moneyed class.”
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8. “They need to be getting paid greater than an athlete” – calling for the very best academics to tackle bigger digital lessons whereas faculty stays closed and be paid much more.