This was a crypto story from start to finish. In the way it was a classic fraud scheme. The reason that they were able to grow as big as they were and look as strong as they were is because their balance was full of nonsense crypto. If they just opened up a bank, like the SPF limited, whatever, it would never have grown that fast. People who are smart about it were like, this is stupid. I didn't understand it. That's why we didn't. Same thing with free money: I thought maybe I don't know what Free Money is but people want you to name stadiums after them. But do we think there's going to be a sea change
Enjoy this episode of On with Kara Swisher!
From the high speed train wreck at Twitter to the extradition of a fallen crypto kingpin and an AI that can rewrite your dating profile, there’s a lot happening in tech right now. Today, Nayeema moderates a conversation with Kara Swisher and Casey Newton, the tech reporter who runs the Platformer substack. They break down the biggest stories of 2022. And they look at what lies ahead in 2023. Will there be less billionaire grift? Is this the year that AI takes your job? And, ok Google, could this be the year of revenge for Bing?
This conversation was taped in front of a live audience at Manny’s in San Francisco.
You can find Kara and Nayeema on Twitter @karaswisher and @nayeema.
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