Sam Benkman Fried, founder of the FTX cryptocurrency exchange, discusses his company's decision to take out loans and invest in other risky crypto companies, as well as using money from the exchange to pay debts of other firms.
The speaker shares their personal strategy for cryptocurrency investment, including taking profits at 10-20% gains and consistently tweeting to gain followers. They caution against selling all at once and emphasize the importance of trying new approaches when necessary.
The government's recent intense interest in cryptocurrency may be due to its desire to monitor and tax every transaction made through it. Those who earn more may be less likely to hide income but those earning less may opt for cash transactions.
The speaker believes that a churn is healthy for the ecosystem, as it brings new life into the wealth distribution and reduces government reliance on tax revenue. The comparison between the crypto and fiat ecosystem is difficult to make due to the differences in their institutions.
In this podcast episode, the Winklevoss twins discuss their journey with cryptocurrency, their perspective on investing in Bitcoin, and the future of decentralized finance. They emphasize the importance of diversity in opinions and the value of disagreement in producing innovative outcomes.
A cryptocurrency investor's initial investment grew to over $95 million, thanks to the use of Kraken for leveraging.
Learn about the different options for storing cryptocurrency including exchange software wallet, hardware wallet, and cold storage. Cold storage is recommended to protect against compromise or control by third parties.
The world of cryptocurrency and decentralized finance is explored in this conversation with writer Sebastian Mallaby and filmmaker Brian Koppelman, touching on the future of finance and the accessibility of crypto to developing nations.
The lack of transparency in the cryptocurrency market violated its fundamental principle and led to a lot of activity happening in the dark. This will lead to a lot of regulatory actions and kill a lot of opportunities in the market.
Miami Coin aims to bring an end to taxes in Miami and become a successful crypto-dividend for every resident. However, the city's involvement in illicit finance through crypto cannot be ignored.
The speaker discusses the parallels between the current corrupt and monopolistic regulated markets and the risks of adopting a grandiloquent regulatory regime for cryptocurrency, highlighting the need to focus on policing fraud rather than facilitating bailouts.
This episode of the Hard Fork podcast provides new details on the collapse of FTX and an update on Twitter's recent meltdown. It also discusses the mainstreaming of polyamory due to FTX's collapse.
An Alaskan restaurant owner, Rob Kall, offered locals discounted food to observe crypto miners and deter freeloaders from using the town's resources. The initiative supports entrepreneurship in an attempt to convert a major issue into a startup opportunity.
The speaker promotes his YouTube channel CryptoJunkies EZ as a way to get rich.
North Korea's hacking groups have been linked to growing numbers of cybercrime and money laundering plots. You could see, especially after the havoc caused by WannaCry, how the ransom payments in Bitcoin were gathered together and eventually disappearing into one cryptocurrency exchange, never to be seen or at least never to be traced again.
The art world is opening doors to crypto communities, where like-minded individuals are congregating, seeing value, and coordinating together to build a shared co-op that is digitally native with the power to decide how to allocate assets. Bitcoin has paved the path for these communities and is no longer considered crazy.
