Sam Bankman-Fried: uncertainty

Transcript context

…Is it fair to characterize FTX as a whole as you have the exchange business, both spot and derivatives as the bigger part of it? That's a great business and you've certainly built network economies and scale economies power there. But I think, if I'm hearing you right, you're thinking about, in the long-term, there's a lot more opportunity for FTX to build products and serve here than just beyond that. Gaming being just one of those. I think that's right. I think maybe another consequence of that or I don't know what flows from what exactly, but maybe a related statement is that I don't think of us as we've built the hard thing and now we’re coasting. I don't think it is like, great, we have our moat, now let's run with it. You've mentioned in the past how one of the growth strategies you guys might deploy is through acquisitions. Everyone enjoyed it when you talked about maybe buying Goldman Sachs or one of the major exchanges. Blockfolio seemed like it was a pretty quietly transformational pickup for your US business. I'd love to hear more about what you think about that, in particular and in general, where there's opportunity.…

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