Daily Balajisms - Se2: Uncle Sam Bankman-Fried | Ep #004
Description
Duke Mtambo talks with Jakub Simek about his article on "Uncle Sam Bankman-Fried". The US banking system is in crisis due to accounting tricks, mismanagement, and outright fraud, exposed when deposits began leaving banks and the value of long-term US treasuries fell. Balaji Srinivasan warns that this consumer-facing crisis cannot be easily solved, and advises people to buy bitcoin and move to a crypto-friendly jurisdiction to avoid the impending financial disaster.
You can also watch the video version of this episode directly on Mtambo Desk youtube channnel.
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PODCAST INFO:
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United States
