Crisis! at the Crypto Exchange - Secondary Saturdays 11/12
Crypto is dead. Long live Crypto.
Just kidding, but there is a lot of FTX talk for you this weekend. Adam and Tom break down the latest crypto drama around SBF on Stonks' newest show, "Secondary Saturdays"
Secondary Saturdays strives to make the opaque world of private markets a bit more transparent, to thrust private discussions and professional dealmaking from cigar-smoke-filled rooms out into the public forum for all to see. From banter to bold predictions, snark to sound effects, Secondary Saturdays brings levity and insight to that which has been static, stolid, and serious for far too long.
This week we're Web2 guys living in a Web3 world. FTX is flatlining, but why should you care? It turns out that a colossal crypto exchange becoming insolvent and declaring bankruptcy is a huge deal. Hear the whole story and much more!
Tune in and discover:
- Why are there so many acronyms in this narrative
- Who is CZ, and why did he get involved?
- We get you pumped for Michael Lewis' next book.
- Plus, hear our choices for who should play Sam Bankman-Fried in the inevitable movie.
It sounds like we joke around a lot in this episode, but trust us, there's a lot of nuanced covered in this conversation. If you feel dizzy trying to keep up with everything happening in this space, try out our breakdown. It's the only news that's kept us from talking about Elon every week.
Until next weekend, just remember: Saturdays are for Secondaries!