3min chapter

Odd Lots cover image

Nassim Taleb on What Bitcoiners, Anti-Vaxxers and Deadlift Maxis All Get Wrong

Odd Lots

CHAPTER

The Importance of Understanding the Banking System

Sebastian Greenspan: Many people don't understand how the banking system works. He says SBB made a mistake of investing long-term in bonds that pay no interest. The banks were very fragile and they invested, he said; Bitcoin suffered from it. But when you become prominent, "you're responsible for your words"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode