{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Scoop","title":"What made Sam Bankman-Fried launch FTX — and what he now thinks about the world - Part 2","html":"","width":"100%","height":180,"duration":2425,"description":"Sam Bankman-Fried, the billionaire founder of crypto exchange FTX, joins The Scoop to close out 2021 in a two-part episode that explores the origin story of the increasingly ubiquitous trading venue, Bankman-Fried's worldview, and what he expects for the digital asset market in the year to come.\nIn Part 2 of this episode, Bankman-Fried and Chaparro also explore:\n\nWhether a crackdown on stablecoins is a possible concern for FTX’s business\n\nThe ramifications of the government’s “really extreme fiscal” reaction to Covid-19 and its impact on the monetary supply\n\nWhy the Fed should have seen hot inflation coming\n\nProduct leverage in the cryptocurrency market and cascading liquidations\n\nHow the amount of capital sitting on the sidelines is “absolutely massive” and could fend off a big crypto bear market\n\n\nDisclaimer: Beginning in 2021, Michael McCaffrey, the former CEO and majority owner of The Block, took a series of loans from founder and former FTX and Alameda CEO Sam Bankman-Fried. McCaffrey resigned from the company in December 2022 after failing to disclose those transactions.\nEpisode 86 of Season 3 of The Scoop was recorded remotely with The Block’s Frank Chaparro and CEO Sam Bankman-Fried of FTX.\nListen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com.\nThis episode is brought to you by our sponsors Bakkt, Kraken and Kava\nBakkt® unlocks the $1.2+ trillion of digital assets that is currently held in cryptocurrencies, rewards and loyalty points, gaming assets and merchant stored value. We began in 2018 with the vision to bring trust and transparency to digital assets. Through the Bakkt Warehouse and Bakkt Bitcoin Futures and Options contracts, we serve institutional clients in an end-to-end regulated market with true price transparency. For consumers, Bakkt aggregates digital assets to enable instant liquidity and to empower users to...","thumbnail_url":"https://img.transistorcdn.com/kC6kzNjgr18dm0FmBfV_f9xccAkjj-QXoCJmVNlNtrU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8xZmIz/N2E5MmRmMzJjOTU3/OTNhYjJkYzcxZTlj/MTU2Yi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}