Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 25 April 2022
⏱️ 59 minutes
🧾️ Download transcript
Summary
The price of major cryptocurrencies like Bitcoin and Ethereum have been moving sideways for awhile. But it doesn't seem like there's any slowdown in terms of money entering the space. Every day, some new fund is being launched or some legacy financial institution is diving into it. But what's all this money going to do? On this episode we speak with Sam Bankman-Fried, the CEO and co-founder of FTX, as well as Bloomberg Opinion columnist, Matt Levine, the money making opportunities that people are exploiting, whether it's directional bets on coins or yield farming or arbitrage, and how much potential profit there is for the taking.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Odlots is brought to you by Apollo. When it comes to building and financing stronger businesses, |
| 0:05.1 | Apollo does the heavy lifting by providing customized capital solutions. Apollo, |
| 0:09.6 | investing in tomorrow, today, learn more at Apollo.com. |
| 0:30.0 | We'll be interviewing guests like Ted Cerandos of Netflix, Donald Langley of NBC Universal, |
| 0:35.0 | and Arya Manual, the super agent Debt and Devar. Catch it on October 11th and 12th. |
| 0:39.3 | You can find out more at bloomberglive.com slash screen time. |
| 0:53.6 | Hello and welcome to another episode of the Odlots podcast. I'm Joe Wyzenfall. |
| 0:59.2 | And I'm Tracy Alloway. Tracy, the coins. Time to talk about the coins again. |
| 1:05.0 | The coins. You mean like, you know, fiat coins, right? |
| 1:09.5 | No, the electronic digital coin. |
| 1:11.7 | But okay. You know what? It feels like it's been a while, hasn't it? |
| 1:18.2 | This is the crazy thing. This is my, like, what makes crypto difficult for me, which is that |
| 1:24.0 | if you like, and I've said, maybe you said this before, but if you step away for like a month, |
| 1:28.0 | then you like focus on other stuff, like the price of corn or wheat or oil or something. |
| 1:32.2 | Russia's invasion of Ukraine. Yeah. And then you come back to crypto and it's like the entire |
| 1:37.1 | narrative has completely changed. There's all this new terminology, new tokens that you've never |
| 1:42.5 | heard of. Like you can't step away from it for a minute, let alone a month and feel like you |
| 1:47.0 | have any sort of hope of understanding what's going on. It does feel like it requires a certain |
| 1:51.6 | intensity to make it in crypto. And then after that month, it's like, well, I'm already so behind. |
| 1:57.5 | I don't want to come back. So we have to reverse it. We have to catch back up with less going on. |
| 2:03.0 | Yeah, we need to reverse that. I mean, I am vaguely aware of some of the big picture stuff that |
| 2:07.8 | has been happening. So I'm looking at the price of Bitcoin at the moment. It's just under 40,000. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.