#1247 David Marcus on How Bitcoin Will Increase Global GDP
The Pomp Podcast
Anthony Pompliano
4.8 • 1.9K Ratings
🗓️ 25 September 2023
⏱️ 49 minutes
🧾️ Download transcript
Summary
David Marcus is the CEO & co-founder of Lightspark. In this conversation, we talk about one of David’s big ideas, how global GDP is being constrained by existing archaic technology. Topics also include, what they are building at Lightspark, demand from customers, stablecoins & bitcoin as payment options, and why allowing people to get paid in real-time could completely transform humans working in the global economy.
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Pomp writes a daily letter to over 250,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/
Transcript
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| 0:00.0 | What's up, everyone? This is Anthony Pompliano. Many of you know me as Pomp. You're listening to the Pomp |
| 0:07.7 | podcast, which is my effort to find the most interesting people in the world and sit with them for hours while I ask questions in an effort to learn. So it would mean the world to me if you would subscribe to the show on your favorite audio platform, watch episodes on YouTube, |
| 0:21.1 | and tell your friends and family about the podcast. My goal is to help millions learn from the |
| 0:26.5 | world's most interesting people. So let's get in to today's episode. David Marcus is the CEO and |
| 0:33.0 | co-founder of Light Spark. In this conversation, we talk about one of David's big ideas, how global GDP is |
| 0:39.7 | being constrained by existing archaic technology. We then get into what they're building at LightSpark, |
| 0:45.7 | where he's seeing demand from customers, how he thinks about stable coins and Bitcoin as payment |
| 0:50.9 | options, and why something as simple as allowing people to get paid in real |
| 0:55.3 | time for the work they do could completely transform humans working in the global economy. |
| 1:00.9 | I always enjoy talking to David and this conversation was no different. |
| 1:04.3 | I learned a lot and it's a peek in two, one of the great entrepreneurs in the tech industry |
| 1:09.0 | and what he thinks is the next frontier to |
| 1:11.2 | start building up. Here's my conversation with David Marcus. Anthony Pompliano runs Pomp |
| 1:18.1 | investments. All views of him and the guests on his podcast are surely their opinions and do not |
| 1:23.3 | reflect the opinions of Pomp investments. You should not treat any opinion expressed by |
| 1:27.7 | Pomp or his guest as a specific inducement to make a particular investment or follow a |
| 1:32.5 | particular strategy, but only as an expression of his personal opinion. This podcast is for |
| 1:37.5 | informational purposes only. Today's episode is brought to you by Trust and Will. I've gone |
| 1:44.0 | through a number of different changes in my life over the last few years. |
| 1:47.1 | I got married, I had a kid, and I had to start thinking about how could I ensure that my wife |
| 1:51.3 | and my child would be okay if anything ever happened to me? |
| 1:54.4 | That's where trust, wills, and estate planning come into play. |
... |
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