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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.
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