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#345 – Coffeezilla: SBF, FTX, Fraud, Scams, Fake Gurus, Money, Fame, and Power
Lex Fridman Podcast
The Problem With Fraud Is That You Have to Double Down
I think there's an embarrassment. That's why people down in the pyramid don't like speak about it. Human nature is that if you buy into a get rich quick scheme and then it doesn't deliver, you're more likely to blame yourself than blame the product. It really preys on people's psychology to keep them in this loop. Why this gets so grifty and so cruel and predatory is because there is no easy solution to this. People will pay any price for that magic pill. I think those people are very cruel and deserve to get exposed for it. Most people do have the dream of becoming rich, most young people. The thing is, is that everyone knows in business
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