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Red Pilled America

Crypto Revisited (Finale)

Red Pilled America

Patrick Courrielche, Adryana Cortez

Personal Journals, Society & Culture

4.65.3K Ratings

🗓️ 22 January 2023

⏱️ 49 minutes

🧾️ Download transcript

Summary

Where is crypto going? In our third and final installment, we conclude the story of the astonishing rise and spectacular fall of crypto entrepreneur Sam Bankman-Fried. Along the way we hear from Doomberg, one of the most widely read finance newsletters on Substack; Dirty Bubble Media, an independent investigative journalist whose reporting is credited with triggering Bankman-Fried’s downfall; Peter Schiff, famed CEO & chief global strategist of Euro Pacific Capital Inc; and Ben Armstrong, crypto enthusiast & creator of BitBoyCrypto.com.

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Transcript

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0:00.0

You guys, we're working really hard here behind the scenes to bring you guys the best

0:06.4

stories possible.

0:07.7

If you want to listen to Red Pill D'America ad-free, then please become a backstage subscriber.

0:12.8

We recently launched our very own platform, so visit redpilld'America.com, click join

0:17.8

in the top menu, I think you're going to love it.

0:20.0

And be sure to share, like, and subscribe to this podcast wherever you're listening to

0:23.8

it.

0:24.8

We need you guys support, tell a friend about the show.

0:27.6

This is how people hear about it is through word of mouth.

0:30.4

And also be sure to check out our new sponsor, Boo-Yan Max, the guys who make investing in

0:34.8

precious metals easy.

0:36.1

We were customers with these guys way before they came on to sponsors.

0:39.8

Listen for their commercial in the show and then visit Boo-YanMax.com slash red for a special

0:44.9

offer for Red Pill D'America listeners.

0:47.3

And now on with the show.

0:54.3

Previously on Red Pill D'America.

0:56.1

By late 2018, Alameda research was already in trouble.

0:59.7

I mean, the company didn't have any lawyer, so I think my utility there was pretty obvious.

1:07.4

Hundreds of unscrupulous characters began creating their own cryptocurrencies.

1:11.6

And the currency that you would use would be these munchies.

1:14.7

You know, it's so outlandish that I'm tempted to accuse you of just making that up.

1:19.4

We also recently launched a derivatives exchange, Alex Yes.

...

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