Archive: david sacks

PayPal Censorship Highlights Bitcoin’s Importance

By Adam Sharp on August 6, 2021

When I talk about bitcoin, I usually focus on its importance as independent, scarce money.  And how it’s a hedge against inflation. What I don’t talk about enough is the importance of bitcoin’s uncensorable nature — the fact that no one can block a bitcoin transaction from going through.  This was famously demonstrated when WikiLeaks started accepting bitcoin donations back in June…
Early investors have few metrics to go by when evaluating potential startup investments. Here are five metrics, in particular, that investors often misconstrue.