4min chapter

Odd Lots cover image

Sam Bankman-Fried and Matt Levine on How the Crypto Market Really Works

Odd Lots

CHAPTER

Is Ittle Tether Bikini Tether a Credit Rest?

Dato: If you're taking a tether us d future, likeus g, getss t s d, futuris position, you're clearly taking a credit rest position. But if you're putting on a but if an is bitine tether, it's probably becind all exactly. 90 % open interest is trin to bet i it wat not tether. That's just cause, basically harvesting premium from all the people that are betting on the oters collapsic. Dato: It always brave below a dollar, basically. And it never has blown out, right? You don't think this is a prediction recket, right? Like every year it would suti u

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode