Clearer Thinking with Spencer Greenberg cover image

Clearer Thinking with Spencer Greenberg

Crypto Pros and Cons (with Sam Bankman-Fried)

Apr 29, 2021
01:09:01

Read the full transcript here.

What's the current state of cryptocurrency? What are the good and bad aspects of crypto? To what extent have the promises of crypto panned out? How do blockchain and cryptocurrency even work anyway? What are "proof of work" and "proof of stake"? What are the differences between Bitcoin and Ethereum? What sorts of transactions are made easy or possible by the blockchain that are difficult or impossible to perform with traditional currencies? What are non-fungible tokens (NFTs)? What (if anything) prevents people from doing nefarious things with cryptocurrencies? What are some of the exciting, positive things coming up on the crypto horizon?

Sam Bankman-Fried is the co-founder and CEO of FTX. Before venturing into crypto, Sam was a trader on Jane Street Capital's international ETF desk. He traded a variety of ETFs, futures, currencies, and equities, and designed their automated OTC trading system. He graduated from MIT with a degree in physics. Find him on Twitter at @SBF_FTX.

Staff

Music

Affiliates

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