A Post-FTX Reality Check with Joe Weisenthal
Bloomberg Crypto
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DeFi and the Box Commentary - Is That a Ponzi Scheme?
The episode was recorded in April 2022. Sam Bankman Freed came on the show, which was co-hosted by Tracy and had a special guest appearance from Matt Levine. After he described yield farming as like this sort of magic money box where you put money in and then money comes out,. Matt's first response was like, to be honest, that sounds like a Ponzi scheme. And I do think that if you sort of listed the full episode just the tone of it, we never quite recovered or got back on track after that.
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