All-In with Chamath, Jason, Sacks & Friedberg · 2025-10-01 · 14 min · 2,318 words

Multicoin Capital's Kyle Samani on Internet Capital Markets

Listen to the original audio · Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio

Crypto, crypto, crypto. As cryptocurrency becomes more popular, we're starting to see signs that it could become part of our financial future. US dollars are the greatest product in human history, but amazingly, most people around the world who want dollars cannot get them because the legacy financial rails simply prevent them from doing so. You want to have the world's most real-time global financial market where everyone is synchronizing using the same open protocol at the speed of light. Ladies and

And gentlemen, please welcome Multicoin Capital's Kyle Simani. Good afternoon, everyone. My name is Kyle Samani. I'm a founder and managing partner at Multicoin Capital. I'm incredibly excited to be here with you all at the All-In Summit today.

Today I'm going to be talking a little bit about internet capital markets, but before we get to the future of capital markets, I think a little history lesson is in order. Before we dive in, do have some small disclosures. You can read all this in about four seconds. Please do note that nothing in this presentation should be considered financial advice. All right, let's jump in.

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