Sam Bankman-Fried: uncertainty

Transcript context

…It's better than everyone else at the moment, a lot of the time. Maybe. I got one word further. But I couldn't have described a blockchain. I guess it was like the chain that blocks the transactions in them. I didn't really know who they were. I don't know if the blockchain does it. I really didn't know what crypto was when I first jumped in. It's a fascinating way to come to it because there are so many other folks. I can remember in 2012 or 2013 seeing Brian Armstrong at South by Southwest and getting obsessed with the notion of decentralization, but totally coming from the product manager developer side, never having experience in finance. The fact that it was a tradable asset was the part that was the completely foreign thing to me, all these years later. It's fascinating to me how technologists see the core technology, people from the finance world see the core change in the financial asset, and this crazy soup that we're in is because those two things are merging.…

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