Most crypto protocols are not doing things beyond what they literally say they are. Doge point is one example of a place where yet there is no pretence any more, that there is any real sense of how do you price this thing other than supply and demand? So, like meams versus, i don't know, anti meams. It's just less explicit in a lot of ascets. What is elon musk's greatest product ever? Or what is his most successful product ever? I don't think it's an electric car. I don't thinks it's a rocket chip. But lat one product of his has out performed all his other products in demand, and that
Whether it’s scaling an arbitrage opportunity or launching an ambitious philanthropic project, Sam Bankman-Fried has set himself apart. In just a few years, he’s not only made billions trading crypto, but also become a leading practitioner of effective altruism, with the specific aim of making lots of money in order to donate most of it to high-impact causes.
He joined Tyler to discuss the Sam Bankman-Fried production function, the secret to his trading success, how games like Magic: The Gathering have shaped his approach to business, why a legal mind is crucial when thinking about cryptocurrencies, the most important thing he’s learned about managing, what Bill Belichick can teach us about being a good leader, the real constraints in the effective altruism space, why he’s not very compelled by life extension research, challenges to his Benthamite utilitarianism, whether it’s possible to coherently regulate stablecoins, the implicit leverage in DeFi, Elon Musk’s greatest product, why he thinks Ethereum is overrated, where in the world has the best French fries, why he’s bullish on the Bahamas, and more.
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Recorded January 6th, 2022 Other ways to connect