2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E85: SBF's crypto bailout, Zendesk sells for ~$10B, buyout targets, US diplomacy, AlphaFold & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Cryptocurrency - The Problem With All This?

The feature that was touted was actually the first one to get thrown away, which was transparency. Most of thi stuff is happening off chain. And if you think that it's okay to torture trillion dollars of equities while at least there's rules on the equity side, but to torch two and a half trillion dollars in crypto where there are no rules, it'll be really, you know, it will be a very telling sign to see if these folks get their act together.

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