Binance - Is There a Relationship With Binance?

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Binance is apparently estimated to be worth 300 billion. It'll be interesting to see who gets involved because there's probably plenty of people who don't want them to gobble up a good amount more. There was an argument to be made that the FTX attempt to get closer to the lawmaking process and legislation writing was all done in good faith. But whoever saw that as a positive way of them engaging is probably not that keen on Binance gobbling that whole thing up. So they might maybe powerless to stop it too. Like who knows? Who knows like what the jurisdictions are of what agencies get into something like that? We'll see.

The NIA boys react in real-time to one of the craziest days in crypto history. Play-by-play discussion on FTX collapsing & CZ's 10D chess moves.

Timestamps:

(00:00:00) - Intro + Meme Of The Week
(00:06:50) - FTX Collapse - Play by Play
(00:19:43) - Alameda Blow Up
(00:21:30) - Autism Capital's Tweet
(00:23:21) - Jack's Take on CZ's Move
(00:27:06) - Tech Stocks Collapse
(00:29:54) - Did SBF "Do The Right Thing By Customers?"
(00:34:11) - Binance Estimated Valuation at $300B
(00:39:04) - How Misallocated Were Customer Funds?
(00:43:00) - Revisiting Earlier Predictions On Crypto (2021 vs 2022)
(00:46:39) - "Jail Isn't That Bad" - Martin Shkreli to Do Kwon
(00:47:33) - Big Tech Layoffs
(00:51:06) - Crypto Marketing & BS
(00:54:44) - Has Anything Changed?
(00:59:18) - Crypto Collapse vs Market Collapse

What Is Not Investment Advice?

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