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E85: SBF's crypto bailout, Zendesk sells for ~$10B, buyout targets, US diplomacy, AlphaFold & more
All-In with Chamath, Jason, Sacks & Friedberg
The Shadow Securitis Stack
This has been a shadow securitis stack that was created in parallel to the existing one with a lot of, you know, oversight. Other securities have an underlying interest in something. This has an underlying, sure interest in some line on the block chain of that particular network. Some may call it tenuous, but i tend to think at this point bit coin probably has to be regulated like a security even if it is not.
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