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104: Balaji $1m Bitcoin Bet, Banking Crisis, Ryan Reynold’s Business Empire & GPT-4

Not Investment Advice

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Blau's TLDR Is a Biology, Right?

Blau: The US government created this problem and then they sold to the market something they knew would be impaired, of valuation-wise. He says it's almost like a pond scheme, but like you're dumping something on the market that will take an unrealized loss until the end of its maturity term. And again, we don't actually know, because we've joked about it here,. Because the Fed's like, hey, inflation's changed the tool. They clearly, but they made a mistake.

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