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The Stablecoin Future, Milei's Memecoin, DOGE for the DoD, Grok 3, Why Stripe Stays Private
Description
(0:00) The Besties welcome John and Patrick Collison!
(4:28) Stripe's business evolution: $1T in volume/year, stablecoins, challenging the Visa/Mastercard duopoly, publishing economic indicators
(20:31) Jamie Dimon's leaked rant on remote work and bureaucracy
(34:22) DOGE for Defense: Trump ordered the Pentagon to look at cutting the defense budget by 8%/year over the next five years
(43:51) Crypto Corner: Milei's Memecoin embarrassment
(1:00:18) John and Patrick break down the Arc Institute and its new Evo 2 AI model
(1:18:04) Grok 3 takes the LLM lead, lessons learned from Elon's Colossus scale up
(1:30:22) Science Corner: Asteroid update
(1:35:42) Why Stripe hasn't gone public yet, despite great metrics
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Referenced in the show:
https://x.com/Zigmanfreud/status/1890202488596492620
https://www.coworker.org/petitions/professional-dignity
https://www.washingtonpost.com/national-security/2025/02/19/trump-pentagon-budget-cuts
https://www.amazon.com/Boyd-Fighter-Pilot-Who-Changed/dp/0316796883