FTX Meltdown and the Future of Crypto

When a cryptocurrency exchange holding $16 billion worth of customer deposits suddenly collapses, what does that portend for the future of the crypto industry? How did Sam Bankman-Fried, the 30-year-old founder of the company and the number two donor to the Democratic party ahead of the recent midterms, win the trust and evade the careful scrutiny of so many venture capitalists, institutional investors, celebrities, and U.S. regulators for so long? Is heavy-handed regulation coming to the world of crypto?

Chapters
6:42 - The media myth of Sam Bankman-Fried
11:58 - Crypto can make people free
17:29 - The problems with FTX and crypto culture
23:45 - Sam Bankman-Fried and "regulatory moats"
28:59 - Regulatory capture in emerging industries
33:18 - Can crypto firms self-regulate?
42:52 - Bankman-Fried's giant political donations to Democrats
52:15 - The dangers of Central Bank Digital Currencies
57:53 - Bitcoin maximalism and "not your keys, not your coins"
1:08:57 - The case for financial privacy
1:14:17 - The future of money

Crypto news: investincryptonews.com
AI Driven Data to Help You BEAT the Market:Tokenmetrics- https://bit.ly/3WCo3GU
Exchange: Changelly- https://bit.ly/3zPtY1z
Exchange: Coinmama- https://bit.ly/3Uxn09p
Exchange: OKX- https://bit.ly/3hc2tZw
Exchange: Paxful- https://bit.ly/3E5VIBC
Minig: CudoMiner- http://bit.ly/3WGutF3
Wallet: Trezor Model T- http://bit.ly/3UTwCeL