1min chapter

Pivot cover image

Crypto Chaos, Meta Layoffs, Musk Mania, and Guest Jonathan Haidt

Pivot

CHAPTER

The Risk of Putting Your Money in a Trustless Ecosystem

US regulators are circling FTX investigating whether the firm properly handled customer funds. A more loss of trust in crypto would have been similar again to B of A's bailout of Merrill Lynch, except that B of A was later bailed out by Uncle Sam. And this just shows the risk of putting your money in a trustless ecosystem.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode