Sam Bankman-Fried

you know, they happen on longer timescales than investments do basically, you know, with what social media has become, you see bubbles, you know, grow and pop and grow and pop on a daily to monthly basis. Technology is built out on a decade basis. So, you know,

you know, they happen on longer timescales than investments do basically, you know, with what social media has become, you see bubbles, you know, grow and pop and grow and pop on a daily to monthly basis. Technology is built out on a decade basis. So, you know,

you know, they happen on longer timescales than investments do basically, you know, with what social media has become, you see bubbles, you know, grow and pop and grow and pop on a daily to monthly basis. Technology is built out on a decade basis. So, you know,

right now crypto is not quite at a point where it could become an everyday tool of you know a quarter of the world or something the tech isn't there yet but it's not that far away and if and this is an if if the industry keeps making progress rather than getting distracted too much by market prices then you know five ten years from now you could imagine a world where all of a sudden

right now crypto is not quite at a point where it could become an everyday tool of you know a quarter of the world or something the tech isn't there yet but it's not that far away and if and this is an if if the industry keeps making progress rather than getting distracted too much by market prices then you know five ten years from now you could imagine a world where all of a sudden

right now crypto is not quite at a point where it could become an everyday tool of you know a quarter of the world or something the tech isn't there yet but it's not that far away and if and this is an if if the industry keeps making progress rather than getting distracted too much by market prices then you know five ten years from now you could imagine a world where all of a sudden

It is the case that anyone can have a crypto wallet, you know, a billion people could use it each day with privacy, with security, fast, cheap, international, all the things that, you know, that was promised and that absolutely are distracted from by the latest meme points.

It is the case that anyone can have a crypto wallet, you know, a billion people could use it each day with privacy, with security, fast, cheap, international, all the things that, you know, that was promised and that absolutely are distracted from by the latest meme points.

It is the case that anyone can have a crypto wallet, you know, a billion people could use it each day with privacy, with security, fast, cheap, international, all the things that, you know, that was promised and that absolutely are distracted from by the latest meme points.

Well, it's an interesting question. And there are a lot of degrees here about the level of oversight and control that it can have. You look at something like Bitcoin, and the wallets are anonymous, but there is a public ledger of every transfer that happens. So it is possible for governments to have some level of knowledge without having control of it. That being said...

Well, it's an interesting question. And there are a lot of degrees here about the level of oversight and control that it can have. You look at something like Bitcoin, and the wallets are anonymous, but there is a public ledger of every transfer that happens. So it is possible for governments to have some level of knowledge without having control of it. That being said...

Well, it's an interesting question. And there are a lot of degrees here about the level of oversight and control that it can have. You look at something like Bitcoin, and the wallets are anonymous, but there is a public ledger of every transfer that happens. So it is possible for governments to have some level of knowledge without having control of it. That being said...

Not all the governments in the world view this the same. And the United States government over the last 30 years has taken one view towards control of, you know, not just the United States, frankly, but the world's monetary system. you know, dealings and you see, I mean, a different viewpoint, much more authoritarian, but also much more insular in a lot of sort of dictatorships.

Not all the governments in the world view this the same. And the United States government over the last 30 years has taken one view towards control of, you know, not just the United States, frankly, but the world's monetary system. you know, dealings and you see, I mean, a different viewpoint, much more authoritarian, but also much more insular in a lot of sort of dictatorships.

Not all the governments in the world view this the same. And the United States government over the last 30 years has taken one view towards control of, you know, not just the United States, frankly, but the world's monetary system. you know, dealings and you see, I mean, a different viewpoint, much more authoritarian, but also much more insular in a lot of sort of dictatorships.

But half the world doesn't try to have nearly the level of government involvement in day-to-day financial transactions that the United States has.

But half the world doesn't try to have nearly the level of government involvement in day-to-day financial transactions that the United States has.

But half the world doesn't try to have nearly the level of government involvement in day-to-day financial transactions that the United States has.

Well, basically, no. The company that I used to own, maybe I still do own. I don't know. It's in bankruptcy. Had nothing intervened today, it would have about $15 billion of liabilities and about $93 billion of assets. So the answer should be, in theory, yes, that

Well, basically, no. The company that I used to own, maybe I still do own. I don't know. It's in bankruptcy. Had nothing intervened today, it would have about $15 billion of liabilities and about $93 billion of assets. So the answer should be, in theory, yes, that