4.8 • 1.8K Ratings
🗓️ 13 October 2023
⏱️ 41 minutes
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| 0:00.0 | Hey, it's Bill Simmons. Did you know I've had my podcast for 15 years? Do you know that it is |
| 0:04.5 | the most downloaded sports podcast of all time? Did you know I have guests from the sports world, |
| 0:10.1 | from the culture world, people who work for the ringer, people outside the ringer, celebrities, |
| 0:15.6 | experts? You name it. It's on my podcast three times a week, late Sunday night, late Tuesday night, |
| 0:22.0 | late Thursday night. The Bill Simmons podcast, check it out on Spotify. |
| 0:27.0 | Today, we're taking a break from the war between Israel and Hamas, more in that conflict next week. |
| 0:33.2 | And we are bringing you a live update on one of the most lured corporate fraud trials of the |
| 0:39.3 | last few decades. And that is the trial of former crypto golden boy Sam Bankman-Freed. |
| 0:45.8 | I want to note before we jump into this episode, I am currently transitioning back from book |
| 0:51.1 | leave, which became book plus parent leave, which in the last few weeks has been more parent leave. |
| 0:56.3 | And now I'm getting ready to go back to work at the Atlantic and return to a two podcast a week |
| 1:00.9 | schedule. It might be a few weeks before we're consistently back at twice a week, but that is the |
| 1:05.6 | goal by November. So if you've been with us from the beginning, it was the very first episode of |
| 1:12.0 | this podcast. Two years ago, I brought on my friend and New York Times colonist Kevin Ruse to talk |
| 1:17.5 | about crypto and both of us had the same sort of bemused skepticism, bemused because it's sometimes |
| 1:23.8 | hard to predict which of today's silly things will become the big new thing that changes the world |
| 1:29.0 | tomorrow and skepticism because I couldn't really think of anything that crypto was good at other |
| 1:35.9 | than making asset prices go up. And to be clear, asset prices were at the time going way, way up. |
| 1:41.3 | It was doing a very good job at that Bitcoin prices were at all time highs, November of 2021. |
| 1:47.2 | Digital pictures of apes were fetching millions of dollars. NFTs remember those. |
| 1:51.5 | And a young trader turned crypto entrepreneur, Sam Bankman Fried had become the richest, |
| 1:56.8 | youngest self-made billionaire in recorded history. |
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