3 ms·
The SBF "magic box" interview with Matt Levine where he casually describes yield farming as nothing more than a Ponzi scheme never gets old. https://www.ft.com
by DebtDeflation 3y ago
The SBF "magic box" interview with Matt Levine where he casually describes yield farming as nothing more than a Ponzi scheme never gets old.
https://www.ft.com/content/eac0e56c-f30b-4591-b603-f971e60dc58b https://www.ft.com/content/eac0e56c-f30b-4591-b603-f971e60dc...
- activitypea 3y agoI listen to this a few times year, cheers me up everytime
- oldgradstudent 3y agoWell, he wasn't wrong about that.
- MrsPeaches 3y ago“if you’d like to gain greater insight about “valuable boxes” with no economic use case that go “to infinity” because of “the bullishness of people’s usage of the box”, don’t forget to sign up for the FT’s Crypto and Digital Assets Summit beginning Tuesday.”
- s1artibartfast 3y agoI thought that was a great interview and sbf was a great and clear speaker. He really got his point across. It kinda makes me sad that he fucked up doing some unrelated shit.
- robertlagrant 3y agoThis is why it's silly to say that the prosecution had an airtight case. It's like saying the winning fighter boxed perfectly, when actually the other one just kept smashing his own face into the ground.
- morsch 3y agoHere it is, with audio: https://m.youtube.com/watch?v=KZYqL79GDXU&t=1289s https://m.youtube.com/watch?v=KZYqL79GDXU&t=1289s
- deleted 3y ago[deleted]