Evidence receipt / belief
Published · transcript-backedBrett Harrison: belief
13 Mar 2023 Dwarkesh Podcast Brett Harrison — FTX US former president speaks out
“I think as of what we're speaking about right now, volumes are down because people are sort of generally fearful.”
Source trail
Everything needed to verify it.
- Speaker
- Brett Harrison
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 13 Mar 2023
- Publisher
- Dwarkesh Podcast
Transcript context
…What is institutional interest in crypto like at this point, given what's happened? I think it is just as great as it was before. Every major investment bank in the US has announced some plan to do something with blockchain technology still. Even like post FTX, the top trading institutions in the world are all continuing to trade it. I think as of what we're speaking about right now, volumes are down because people are sort of generally fearful. But I expect that to turn around pretty quickly and the institutional interest still remains really high. People are definitely expecting and waiting for proper regulatory oversight, especially in the US. That's still happening. People are waiting for higher grade professional tools that make it safe for them to trade and invest in crypto. I think that's obviously in the works for various things, Architect and otherwise, but otherwise the interest is all completely there. A broader question somebody could have about crypto at this point is, or maybe not crypto generally, but crypto trading is why is it good to have more crypto trading, at least with stocks and bonds and other kinds of traditional assets? As we were talking about earlier, you can tell a story that listening to health capital allocation projects that need funding, will get funding and so on. Why is it good if the price of bitcoin is efficient? Why is building a product that enables that something that's socially valuable?…
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