2min chapter

The Prof G Pod with Scott Galloway cover image

Prof G Markets: Apple’s Headset Bet, Sequoia’s Big Breakup, and Hypocrisy at the PGA Tour

The Prof G Pod with Scott Galloway

CHAPTER

Navigating the Turbulent Waters of Cryptocurrency and Fitness Innovation

This chapter explores the regulatory hurdles encountered by Binance and the broader cryptocurrency market. The speaker's shift in focus signals a preference for discussing technology and lifestyle products over cryptocurrencies.

00:00
Speaker 2
Binance is next because the thesis here is very simple. If your business is predicated on existing outside of the law, and generally that means existing outside of the US, which has probably the strongest regulatory environment in the world, if that's the first pillar of your business and second, your sector is in structural decline, there's just no way that you can win this game. I
Speaker 1
just want these things to go away. I think that there's Bitcoin does have some utilities to store value, helps people get out of volatile currencies. Other than that, I'm just looking forward to not speaking about this shit again, because it's a fairly unimportant market. It's worth, what, a trillion dollars? Apple's worth $3 trillion. Can we just all, can we all just move on? We'll be right back
Speaker 2
after the break to discuss our reactions to Apple's headsets.
Speaker 1
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