Bankman-Fried: The two dominant crypto futures exchanges in 2018 were 'shitshows'
Sam Bankman-Fried · FTX with Sam Bankman-Fried & Mario Gabriele (Extended Cut) · Acquired · Dec 15, 2021 · at 39:02
Sam Bankman-Fried gives his candid assessment of the crypto derivatives market landscape prior to founding FTX.
0:00 / 0:06exact quote · 6.6s
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“There are only two real players in it, and they're shitshows. But they're still printing money, despite being shitshows.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
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