9ES275: A Business Model

Montreal’s kooky and spooky podcast makes like Wednesday Addams on Netflix and rehashes some of our greatest hits for your entertainment. That means we talk about crypto stuff again as Jon brings us up to date with the whole SBF/FTX[…]↓ Read the rest of this entry...

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Montreal’s kooky and spooky podcast makes like Wednesday Addams on Netflix and rehashes some of our greatest hits for your entertainment.

That means we talk about crypto stuff again as Jon brings us up to date with the whole SBF/FTX thing. Between the time we recorded this episode and now it’s been revealed that SBF faces something like 165 years in prison.

That’s what I call “a sticky situation.”

What’s crazier? That BitCoin is actually trending UP. To quote OKUDA (who provides our theme song):

“Crazy, I wonder what the logic is…some kinda hedge against these stablecoins that are about to become un-pegged? Or because Binance needs to sell a bunch of its assets to cover the USDC withdrawals that it paused? It’s madness no matter how you slice it.”

.

Madness indeed OKUDA. Madness indeed.

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The post 9ES275: A Business Model appeared first on 9to5 (dot cc).