What made Sam Bankman-Fried launch FTX — and what he now thinks about the world (Part 2)
Episode 86 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and CEO Sam Bankman-Fried of FTX.
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Sam Bankman-Fried, the billionaire founder of crypto exchange FTX, joins The Scoop to close out 2021 in a two-part episode that explores the origin story of the increasingly ubiquitous trading venue, Bankman-Fried's worldview, and what he expects for the digital asset market in the year to come.
In Part 2 of this episode, Bankman-Fried and Chaparro also explore:
- Whether a crackdown on stablecoins is a possible concern for FTX’s business
- The ramifications of the government’s “really extreme fiscal” reaction to Covid-19 and its impact on the monetary supply
- Why the Fed should have seen hot inflation coming
- Product leverage in the cryptocurrency market and cascading liquidations
- How the amount of capital sitting on the sidelines is “absolutely massive” and could fend off a big crypto bear market
Disclaimer: The former CEO and majority shareholder of The Block has disclosed a series of loans from former FTX and Alameda founder Sam Bankman-Fried.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
