Within the newest episode of the real-time Netflix documentary of the collapse of FTX and the erratic habits of the previous ‘white knight of crypto’ Sam Bankman-Fried. SBF gave a really candid interview with Vox by way of DM, to which the interviewer himself said that he was appalled by a number of the solutions. Within the DM alternate, Bankman-Fried admitted that his lobbying efforts in Washington had been only for PR and his true perception about regulation is easy ‘f*ck regulators.’ From Bankman-Fried’s view, regulators solely make issues worse Sam means that ESG has been perverted, the FDA does nothing, Banking does nothing, the crackdown on large tech does nothing…but, it’s a recreation that everybody performs. In the meantime, as SBF is surprisingly granting interviews, his FTX CEO successor, John Ray III, is describing FTX as one of many worst examples of company controls he’d ever encountered. And for context, John Ray III oversaw Enron’s liquidation within the 2000s.
People are the issue. And Bitcoin fixes this. That has been the continuing mantra for Bitcoin advocate Michael Saylor. In an interview with Natalie Brunell, Michael Saylor means that so long as now we have pure human habits, then we are going to all the time have FTX-type collapses. The settings differ, however the underlining downside will all the time be there which is human habits. Saylor argues that so long as there is a chance to cheat, lie and steal, people will do it and Bitcoin can neutralize this.
Michael J. Saylor is an American entrepreneur and enterprise govt. He’s the chief chairman and co-founder of MicroStrategy, an organization that gives enterprise intelligence, cell software program, and cloud-based companies. Saylor served as MicroStrategy’s chief govt officer from 1989 to 2022. In 2020, Saylor adopted the Bitcoin technique when MicroStrategy used $250 million from its money stockpile to buy 21,454 Bitcoin.
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► To observe the complete interview:
https://www.youtube.com/watch?v=1jVqnuVOeWI&t=666s
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‘FTX’ Collapses Will Preserve Occurring As a result of Of This | Michael Saylor
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