The Compound and Friends cover image

People Hate Inflation, but Unemployment Is Worse

The Compound and Friends

00:00

Crypto Twitter- What Is the Constitution Going to Cost You?

A year ago, Crypto Twitter raised $47 million in days to buy a copy of the constitution. Now we have Genesis, one of the largest crypto trading lending desks, and you need a $500 million. And they can't- They're having trouble getting it clearly. Do you know why? Because A, does anyone believe that they're profitably running a lending business? Well, how could you? Right. This is not a- Listen, this happened in traditional finance too. Bill Huang did the same shit. How many- But how many firms did he take down? He took a big bite out of credit- I think he took credit squeeze down. The other firms knew because

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app