2min chapter

Odd Lots cover image

Understanding the Collapse of Sam Bankman-Fried's Crypto Empire

Odd Lots

CHAPTER

Cryptocurrency

I think we're going to find out that it is an industry ride problem. None of these things produce anything of value. All they do is they trade money in a circle and that money has to leave the system eventually. I don't think there's how many people, the member people who own crypto on these exchanges and don't even know how to pull the assets off into their own wallet is unbelievable. And so to my mind, it almost doesn't matter centralized decentralized if there is no naturally natural pull and revenue.

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