4min chapter

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SBF gets arrested, The Block’s CEO gets a bag from FTX, + Walmart launches a BNPL service | E1636

This Week in Startups

CHAPTER

Do You Have a Credit Card?

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'

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