01 / belief
I wouldn't say all will, but I think there probably is something in that direction.
“I wouldn't say all will, but I think there probably is something in that direction.”
- Speaker
- Sam Bankman-Fried
- Publisher
- Dwarkesh Podcast
Public evidence record
Published podcast speaker
Claim ledger
22 transcript-backed records
01 / belief
“I wouldn't say all will, but I think there probably is something in that direction.”
02 / belief
“If I had to guess I would say that a lot of properties of what is happening crypto today will make their way into Trad Fi to some extent.”
03 / belief
“What I think I would do is one of two things, and I don’t want to say these are the causes that necessarily matter the most, long term.”
04 / belief
“I think that, more generally, even if it’s not framed in terms of thinking hard about numbers necessarily, there’s something very quantitative about how you view the world if you’re thinking about things from a utilitarian perspective, from a consequentialist perspective.”
05 / belief
“The Patriots are probably the most notable example of that, and I think everyone knows it’s about Belichick and the staff that he’s built and the culture that he’s built, centered around outthinking some other coaches.”
06 / belief
“I think I tend to find some things more credible than other people do sometimes and tend to believe a little bit more.”
07 / belief
“I think that's something that we think is important that we continue to move in that direction over time.”
08 / belief
“I think that in the end, our sense of this is this isn't, you can choose to be compliant or you can choose to be functional, and you have to choose which company you're launching.”
09 / belief
“A lot of this is something that you have to figure out over time. But I think a lot of this is like, you put someone in an uncertain messy situation where there's no obvious right answer.”
10 / belief
“The scale of it, in theory, if one had infinite capital, one could have made 10% on a few $100 million a day, maybe. I think $20 million was the size of this trade.”
11 / belief
“I do think we're still trying to do that. But I agree that there's some extent to which you can get liquidity moats, customer moats, regulatory moats, and whatever.”
12 / belief
“I think that I was a little too skeptical of the US opportunities when we first started.”
13 / belief
“The answer is that there actually weren't a lot of other players in this value chain. That's one of the bigger differences between what we see in crypto and I think what we see in most financial ecosystems.”
14 / belief
“I think, eventually, a story that convinced them was that FTX would be exciting and convinced a lot of people.”
15 / belief
“At least long-term, we really want to try hard not to cut off avenues that we think are going to be valuable.”
16 / belief
“I think we're basically still making this up as we go, and that it's probably going to be a while before people feel like, all right, we now understand all the implications that that ended up having for society.”
17 / belief
“I think that part of that is you look at the breadth and to some extent, frankly, randomness, of the type of things that we've tried to do.”
18 / belief
“I think thinking about did we ever succeed at getting retail users at penetrating that market is going to be one of the things that I think we're going to grade ourselves on, which I think I'm cautiously optimistic about, but we haven't proven that.”
19 / belief
“I more feel like it probably is. I think that's the right prior to have about it.”
20 / belief
“I think often people get flustered and end up doing nothing close to the best they can because they're just like, oh, geez, I don't even know what to do here.”
21 / belief
“Again, this isn't meant to be precise. Back then, daily trading volume was only a few billion dollars, I think.”
22 / belief
“I think that you're seeing a lot of parallel worlds being spun off because you can split into different social media, for better or for worse.”