E77: Tech work culture, crypto regulation, stablecoins, $NFLX & more w/ Coinbase CEO Brian Armstrong

**Chamath Palihapitiya** (0:00)
Brian Armstrong, what's up, bro?

**Brian Armstrong** (0:02)
What's up? How are you? Good to see you.

**Chamath Palihapitiya** (0:04)
It's good to see you as well.

**Brian Armstrong** (0:05)
Yeah, Jason just pinged me yesterday and he's like, why don't you just come on as a guest randomly? And I was like, okay, great.

**David Friedberg** (0:11)
Let's do it.

**Chamath Palihapitiya** (0:11)
It's so good. I'm really excited to hear what J Cal's intro is for you.

**Brian Armstrong** (0:15)
Oh, man.

**David Friedberg** (0:16)
Yeah, you guys keep getting watered-water on this.

**Jason Calacanis** (0:35)
Hey, everybody. Welcome to episode 77 of the All-In Podcast, Less Than 30 Days for the Sold Out All-In Summit.
And there's a waitlist, but sadly, I don't think we're going to get to anybody on the waitlist. We've got a great, great episode for you. I thought I'd bring a Bestie Guestie in, but not tell my besties. So we'll see if they can figure out who's coming on the pod today.
But let's get the intros over with. He's investing in Sass at different stages, coming off a Miami bender for the ages, doing shots with Riboy and Vanilla Ice. The Rain Man is back. He's twice as nice. David Sacks, everybody. How are you, sir? How is your adventures with Vanilla Ice?

**David Sacks** (1:16)
Good. I'm still here.

**Jason Calacanis** (1:18)
You're still here. So Vanilla Ice, that costs $1,600 to get him to show up. What does Vanilla Ice cost to show up for a party? That's about 10K. I think it's about 10 to 20K. A little bit more, really?
Did you go on stage and do Ice Ice Baby with him?

**David Sacks** (1:36)
I didn't, but there were some like Teenage Mutant Ninja Turtles type dancing around with him. Whatever. It was interesting.

**Jason Calacanis** (1:43)
It was interesting.

**David Sacks** (1:43)
People liked it. It was fun. It was fun.

**Jason Calacanis** (1:45)
Oh, very nice. Very nice. And you're still in Miami for whatever.

**David Sacks** (1:49)
Tech Week.

**Jason Calacanis** (1:50)
Tech Week. Okay.
So he won't eat your meat, but he'll take your MDMA. He's very interested in your DNA. When he's in the lab, he's in heaven. He hasn't been the same since that rave in 1997 The Lord of the Laboratory, the Sultan of Science, David Friedberg.
How are you, sir?

**David Friedberg** (2:06)
That was my favorite one. I like that one.

**Jason Calacanis** (2:08)
Yeah, I'll have you. You peaked in 97
At about 2 a.m. You were peaking at about 2 a.m.

**Chamath Palihapitiya** (2:15)
Did you say he doesn't want your meat, but he wants your MDMA?

**Jason Calacanis** (2:18)
Yes. He won't eat your meat, but he'll take your MDMA.
Shout out to producer Nick, who really crushed it this week. Ah, his bank. This one is too funny.
It's hard to keep it together for these sometimes. His bank account would make a crown prince jealous. His knitwear collection is overzealous. When he's on CNBC, he makes a scene. The last time he did leg day was 2019 The supreme leader of Sacks, the dictator himself, Chamath Palihapitiya.

**Chamath Palihapitiya** (2:47)
I've been actually spending a lot of time working out on my legs.

**Jason Calacanis** (2:50)
Really? I have been working on shoulders and chest, and my legs have always been diesel. I will be doing a shirt off selfie this summer.

**David Friedberg** (2:57)
It looks like you have not bought new shirt since you lost all the weight.

**Jason Calacanis** (3:02)
I bought this one halfway through the weight loss, and now it's still too big. So I got another slimmer. I got the slim fit.
No, I got the normal fit. And then I got the slim fit.

**David Friedberg** (3:13)
From peak to now, you've lost what, like 50 pounds?

**Jason Calacanis** (3:16)
213 pounds is my peak like four years ago. And I was 167, 168 the other day.

**David Friedberg** (3:22)
Yeah. Whatever that is. 45 pounds.
It's awesome.

**Jason Calacanis** (3:25)
Something I feel incredible. I've started running again. And, you know, I did 40 days of skiing this year. And I'm going to take up kite surfing, I think, this summer. I want another sport to do, you know, in the summers.

**David Friedberg** (3:34)
Are the people around you annoyed at your increased energy levels?

**Jason Calacanis** (3:37)
Yes, people who work for me are annoyed. I'm sleeping better.
Everything's just going better. I highly recommend everybody, you know, just try to lose some weight. A lot of options out there for you, including Menik. All right, we have a very special Bestie Guestie today.
He's a lean, mean crypto machine who sort of looks like Mr. Clean. If you need some tokens, you know who to call. Satoshi has his picture hanging on his wall. His NFT game is never lacking. If you talk about politics at work, you might send you packing. The king of coins, the tycoon of tokens.