2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E137: Inflation cools, market rips, Ripple/MSFT beat regulators, NATO summit, cocktails of youth

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Ethics of Cryptocurrencies

The FTC view themselves as a hammer and every deal particularly if it's done by big tech is a nail. It's that emotional reactivity That takes away Faith and trust that this organization is intelligent And sober and well-run. If you actually look across all of the deals in tech that have happened recently This deal was frankly d away from the start from a regulatory blocking perspective because of what I just said The number three player a distant third Buying an asset. Why would you take an asset that you pay 70 billion dollars for and immediately turn it off from 50 percent of all consoles Nobody would do that.

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