

Episode 180: Untethered
Aug 30, 2021
Dive into the chaotic world of cryptocurrency as the team hilariously critiques Tether, one of the most controversial stablecoins. Explore the bizarre characters linked to this potential Ponzi scheme and examine the wild dynamics of crypto exchanges. Enjoy humorous takes on dating etiquette, absurd crypto names, and the lavish lives of crypto personalities. With a mix of skepticism and laughter, the discussion unveils the gritty realities of the digital currency landscape, testing our trust in this ever-evolving financial frontier.
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Episode notes
Phil Potter's Extravagance
- Phil Potter, a former Morgan Stanley employee known for extravagant spending, joined Bitfinex.
- A 1997 New York Times article highlighted his lavish lifestyle, leading to his resignation.
Mysterious Jan Ludovicus van der Velde
- Jan Ludovicus van der Velde, Bitfinex's CEO, has a scarce online presence.
- Brace suspects he may be a fabricated persona created by Phil Potter.
Giancarlo Devasini's Piracy
- Giancarlo Devasini, Bitfinex's CFO, has a history of software piracy.
- In 1996, he was ordered to pay Microsoft $100 million in restitution.