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Crypto Pros and Cons with Sam Bankman-Fried

Crypto Pros and Cons with Sam Bankman-Fried

FromClearer Thinking with Spencer Greenberg


Crypto Pros and Cons with Sam Bankman-Fried

FromClearer Thinking with Spencer Greenberg

ratings:
Length:
69 minutes
Released:
Apr 29, 2021
Format:
Podcast episode

Description

What's the current state of cryptocurrency? What are the good and bad aspects of crypto? To what extent have the promises of crypto panned out? How do blockchain and cryptocurrency even work anyway? What are "proof of work" and "proof of stake"? What are the differences between Bitcoin and Ethereum? What sorts of transactions are made easy or possible by the blockchain that are difficult or impossible to perform with traditional currencies? What are non-fungible tokens (NFTs)? What (if anything) prevents people from doing nefarious things with cryptocurrencies? What are some of the exciting, positive things coming up on the crypto horizon?Sam Bankman-Fried is the co-founder and CEO of FTX. Before venturing into crypto, Sam was a trader on Jane Street Capital's international ETF desk. He traded a variety of ETFs, futures, currencies, and equities, and designed their automated OTC trading system. He graduated from MIT with a degree in physics. Find him on Twitter at @SBF_FTX.
Released:
Apr 29, 2021
Format:
Podcast episode

Titles in the series (100)

Clearer Thinking is a podcast about ideas that truly matter. Join Spencer Greenberg each week as he has fun, in-depth conversations with brilliant people, exploring useful ideas related to psychology, society, behavior change, philosophy, science, artificial intelligence, math, economics, self-help, mental health, and technology. If you enjoy learning about powerful, practical concepts and frameworks, wish you had more deep, intellectual conversations in your life, or are looking for non-BS self-improvement, then we think you'll love this podcast! Because this is the podcast about "ideas that matter," we prioritize ideas that can be applied right now to make life better and that can help you better understand yourself and the world. In other words, we want to highlight the very best tools to enhance your learning, self-improvement efforts, and decision-making. We take on important, thorny questions like: What's the best way to help a friend or loved one going through a difficult time? How can we make our worldviews more accurate, and how can we hone the accuracy of our thinking? What are the advantages of using our "gut" to make decisions, and when should we expect careful, analytical reflection to be more effective? Why do societies sometimes collapse, and what can we do to reduce the chance that ours collapses? Why is the world today so much worse than it could be, and what can we do to make it better? What is good and what is bad about tradition, and are there more meaningful and ethical ways of carrying out important rituals, such as honoring the dead? How can we move beyond zero-sum, adversarial negotiations, and create more positive-sum interactions?