Martin Skrelier just told Dole Kwon just not that bad. Trung: The Facebook firing is to you must have been crazy because in the heyday, like when you were at peak big tech,. When you were at Google, it's pretty close to like these guys are unstoppable. And then the people in trouble are going to be traditional industries and maybe they're all kind of fucked right now.
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?
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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