Sam Bankman-Fried on How to Prevent the Next Terra and 3AC - Ep. 403

Episode • Oct 4, 2022 • 1h 1m

Sam Bankman-Fried, founder and CEO of FTX, discusses his views on crypto regulation, macroeconomics, and the role of FTX in a decentralized industry.

whether the market has already bottomed and the influence of macroeconomics
why Sam thinks regulation could have a significant impact on the crypto industry
the impact of the Terra collapse, Sam’s thoughts on stablecoins, and the importance of disclaimers
what the industry can do to prevent high leverage from crypto companies like Three Arrows Capital
how crypto lenders should manage risk in a sustainable way
whether the crypto collapses affected the opinion of lawmakers and regulators
the topics and proposals that Sam is discussing with regulators and his philosophy on financial regulation
what Sam thinks about building a centralized entity in a decentralized space
what it would take for FTX to move back to the United States
why Sam’s political donations more commonly support Democrats, among which are some prominent critics of crypto
whether he makes political donations based solely on candidates’ crypto stances
the role of FTX in the TradFi market and whether crypto and TradFi will evolve toward or away from each other
concerns about potential conflict of interests between FTX and Alameda Research
the impact of the Merge, the value proposition of Ethereum and whether it affects the narrative of Bitcoin as digital gold
how FTX is positioning itself in this macroeconomic environment
the type of acquisitions FTX is interested in