FTX, Sam Bankman-Fried, and Michael Lewis

20/10/2023 31 min

Listen "FTX, Sam Bankman-Fried, and Michael Lewis"

Episode Synopsis

Matt and Mike discuss Michael Lewis' new book "Going Infinite" about FTX and Sam Bankman-Fried (SBF) and the ongoing court proceedings for SBF where his former friends and co-conspirators are unleashing the dirty laundry.   Podcast Outline Intro - Overview of podcast focusing on new book by Michael Lewis on FTX founder Sam Bankman-Fried Main Points - Background on Michael Lewis and his new book "Going Infinite" covering the rise and fall of Sam Bankman-Fried - Discussion of book being based mainly on Bankman-Fried's perspective with limited critical analysis - Description of Bankman-Fried as potentially on the autism spectrum or a sociopath based on his behaviors - Questionable "effective altruism" philosophy Bankman-Fried subscribed to   - Details on the collapse of FTX and fraud allegations against Bankman-Fried - Critique of Michael Lewis's neutral/positive stance towards Bankman-Fried - Mention of Bankman-Fried's wealthy upbringing and massive political donations - Comparison to Elizabeth Holmes and Theranos downfall - More criticism of cryptocurrencies especially around lack of inherent value Conclusion   - Need for scrutiny of rising stars/influencers with sudden fame and fortune - Hope for more responsible innovation in crypto and decentralization going forward - Commentary on the questionable motivations and ethics of many political and business leaders Outro - Summary of key points - Thanks for listening!   Contact Us, Feedback, or Recommendations https://www.matthewadjensen.com/contact Facebook: @matthewjensen Instagram + Linkedin: @matthewadjensen YouTube (Video Pods are Coming Soon): https://www.youtube.com/@TheNewNextPod 

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