The economy is about to crash. I know people who won't even buy groceries for a credit card. Buy now, pay later companies ultimately are going to make money when people default because then they can charge them interest. The government should intervene and say like, maybe there's a max that you can put on by now pay later. We don't need that. In the words of my friend CP, the fan chiseled Julius Randall: Nix Fan does something stupid,. When he dribble, dribbles over? That's what we all collectively say - 'We don't need this'
Molly and Jason react to the breaking news that Bahamian authorities have arrested Sam Bankman-Fried. (1:27) Then, from earlier in the day, Molly and Jason chop it up about the news of The Block’s CEO Michael McCaffrey receiving $40M from Alameda Research. (27:41) We then close with a story about Walmart’s new BNPL service. (45:25)
(0:00) Molly kicks off the show
(1:36) Molly and Jason react to SBF getting arrested
(14:51) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(15:55) Kevin O’Leary’s FTX deal + Predicting what happens to SBF
(26:11) Nutrisense - Use code TWIST and get $30 off at nutrisense.io/twist
(27:41) Alameda gave Michael McCaffrey $40M
(45:25) Walmart launches a BNPL service
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