Empire cover image

Crypto in 2023: Predictions Episode

Empire

CHAPTER

The Banquet of Consequences

The Mt. Gox thing in 2014 way worse like orders of magnitude worse than the FTX debacle and look I don't want to minimize the fact that that nine billion dollars is a meaningful amount of money but it's not relative to a trillion dollar industry first of all second it is not unusual to have centralized institutions fail we've got 523 banks failing since the global financial crisis forget the things that happened in theglobal financial crisis but since then there've been 523 banks that have gone away. The issue for me is as as Jano said the the positivity of the technology has been acknowledged the flight of talent into the industry is here to stay that's all hugely positive.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner