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Making Sense of the FTX Catastrophe and a Reality Check on Twitter Under Musk

Sharp Tech with Ben Thompson

00:00

The Power of Narrative in Cryptocurrency

I think people can both underrate and overrate the power of narrative. At the end of the day, narrative is only useful to the extent it actually results in building something. And if Musk is going to succeed with Twitter, and I've become fairly pessimistic, lots of people like, Oh, the media is anti-musqueque are overstating it. But there is a narrative that exists at theend of the day which has power. There's something you they're substantive things in the real world that exist.

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