1min snip

If Books Could Kill cover image

"Going Infinite": Michael Lewis Takes On Sam Bankman-Fried

If Books Could Kill

NOTE

Questioning the Perception of Crypto over Traditional Finance

The speaker criticizes the notion that the existing financial system is inferior to crypto based on a statement from a book where the author confesses not understanding Bitcoin fully. The speaker implies that the belief in crypto as superior to traditional finance stems from a lack of faith in the existing financial system rather than a deep understanding of crypto itself. This perspective is likened to the health industry's marketing tactics, which often position alternatives as better solely because they are not mainstream, without inherent superiority.

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