Epstein Files Fallout, Nvidia Risks, Burry's Bad Bet, Google's Breakthrough, Tether's Boom

**Jason Calacanis** (0:00)
All right, everybody. Welcome back to the number one podcast in the world. We are together in person. Yes, the besties are together in Vegas. It's going to be a great time. We're here for F1.

**Chamath Palihapitiya** (0:09)
This is a test.

**Jason Calacanis** (0:10)
Our friends at The Venetian have been amazing, gracious hosts. They gave us their beautiful studio here. We're going to play some cards. We're going to have Phil Hellmuth, Jason Kuhn. All of our besties are coming.

**Chamath Palihapitiya** (0:23)
And I've never stayed at The Venetian before. It's amazing.

**Jason Calacanis** (0:27)
Wonderful sweets they gave us. It's beautiful. They VIP'd us out. And this is the place you want to play cards. They've got a beautiful brand new poker room. They got a high stakes room.

**Chamath Palihapitiya** (0:37)
We'll be playing here later.

**Jason Calacanis** (0:38)
We'll be playing.

**David Friedberg** (0:39)
Playing all afternoon. A secret game. And trackside for Formula One.

**Jason Calacanis** (0:44)
And we're here for F1. We're going to be releasing.

**Chamath Palihapitiya** (0:46)
I brought a car dealer with me.

**Jason Calacanis** (0:48)
Wait, you brought a car dealer with you?

**Chamath Palihapitiya** (0:50)
You know, Matthew.

**Jason Calacanis** (0:52)
Oh, your car dealer from your home game is here.

**Chamath Palihapitiya** (0:53)
Yeah, Matthew, car dealer.

**Jason Calacanis** (0:54)
Is he dead money? What's the story here? Is that different?

**Chamath Palihapitiya** (0:56)
Sadly. No?

**Jason Calacanis** (0:58)
OK.

**Chamath Palihapitiya** (0:58)
Sadly.

**Jason Calacanis** (0:59)
I haven't been in the home game for a little bit. And it looks like people got out of line. But anyway, thank you so much to our friends at The Venetian. They're doing a ton of poker content here. So you can look at that on their YouTube. All right, everybody, you've wanted us to talk about the Epstein Files. And we're going to talk about it today in a stunning turn of events. The House and Senate voted nearly unanimously to release the Epstein Files. The vote was 427 to 1, Chamath, for the Epstein Files. Who abstained, you? No, the person who abstained, well played, was Republican Clay Higgins from Louisiana. Thanks for asking. He said, it reveals and injures thousands of innocent people, witnesses, people who provided alibis, family members. He makes a great point. But AG Pam Bondi, of course, has addressed that already, that they're not going to release any open investigations and they're going to remove names if it would harm anybody. The Senate passed it by unanimous consent, which requires a sign-off from every senator and Trump in a reversal, signed the bill last night saying, give them everything. We did see some emails come out from the Epstein files last week. Friend of the Pod, Larry Summers, was a main character in them. And he was communicating with Epstein up until 2019, asking him for advice on dating. He's since stepped down from OpenAI and several other public facing roles.

**Chamath Palihapitiya** (2:20)
And was just, I think, put on leave from Harvard.

**Jason Calacanis** (2:24)
I mean, what do you guys think is going to be the fallout from this, I guess, is what people want to-

**David Friedberg** (2:29)
From the release of the files? Is that the question?

**Jason Calacanis** (2:31)
Yeah, I mean, I guess we'll put our tinfoil hats on.

**Chamath Palihapitiya** (2:34)
Let's break this down. So I think the first question is, what is the relation between the Epstein files and Donald Trump? And I think the answer is it's flimsy. And the reason is because this is the most investigated, most litigated human being on earth.
And I think that if you had something that was incredibly salacious and accusatory of Trump, it would have been released during the Biden administration because it would have made a lot of sense politically to try to damage his candidacy. So the fact that we haven't seen much of anything other than some photos means that there's nothing there related to Trump. So then the question is, why didn't the Biden administration release more of the files when they had them for four years? And it's probably because there are a non-trivial number of democratic operatives that are touched by these things.

**Jason Calacanis** (3:20)
Well, also they did have, I think the reason they didn't release them was because there was an open Ghislaine Maxwell case as well, and she was appealing it so they couldn't release it.

**Chamath Palihapitiya** (3:28)
There's probably two of them, but you know how this works. There's innumerable number of ways to leak stuff. My point is now what you're starting to see in these documents is that it seems to be tainting the Democratic establishment elite more than the Republicans. It explains why there was so few leaks in the last four years. The point is Jeffrey Epstein was a total creep, right? That island should be covered in cement and drowned. The house should be burned to the ground and replaced with something nice. And you have to make sure that these, you're the one that said this, the thousand women?