6min chapter

This Week in Startups cover image

FTX's leaked financials, $AMZN ramps up healthcare interest + Swayed Founder Arjun Shokeen | E1541

This Week in Startups

CHAPTER

What's the Value of Bit Coin?

90 % of the value has been in financial derivative products on top of the woemanly arsont of value. The whole thing spockers, everybody who's participating in this knows they're gambling. Everybody's expecting returns that do not match the reality of returns historically. I have sympathy for the dopy people who take their life savings and gamble it. And i'm not saying the people running the virtual casino are more culpable. But let's be honest. Anybody buying something don't understand because they heard about it at a cocktail party or on a red emcee. They think you gong to double your money every seven years instead of 7%. That's the common

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