Sam Bankman-Fried, CEO and founder of FTX, describes what took put between the Subreddit Wall Facet road Bets and hedge funds across the stock of GameStop this week. On this episode, he covers:

  • what took put with the stock of video sport retailer GameStop this week
  • what that claims in regards to the diagram to worth a stock
  • how the feeble monetary institution reacted
  • how the events in GameStop this week are comparable to the diagram crypto markets operate
  • how a crypto monetary system will occupy an influence on the skill of investors to give up what the hedge funds did with GameStop — shorting extra shares of the stock than truly exist
  • what ended in FTX listing for tokenized variations of GameStop, Blackberry, AMC and Nokia, as well to a tokenized index fund of Wall Facet road Bets shares
  • how the tokenized shares and index work on the lend a hand end
  • why Robinhood restricted customers from purchasing shares in GameStop on Thursday
  • what the inspiration became for FTX


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Crypto.com: http://crypto.com

The Sun Substitute: http://sunexchange.com

Episode hyperlinks:

Sam Bankman-Fried: https://twitter.com/SBF_Alameda

FTX: https://ftx.com

Roundups of what took put with Gamestop:

NYT: https://www.nytimes.com/2021/01/27/industry/gamestop-wall-boulevard-bets.html

Vox: https://www.vox.com/the-goods/22249458/gamestop-stock-wallstreetbets-reddit-citron

Early Wired memoir: https://www.wired.com/memoir/gamestop-stock-wall-boulevard-bets-rapid-squeeze/

NYT prognosis: https://www.nytimes.com/2021/01/28/technology/gamestop-stock.html

Sam on what can resolve an asset’s assign: https://twitter.com/SBF_Alameda/location/1354790766313234432?s=20

Chamath Palihapitiya on CNBC discussing Gamestop — defending particular particular person investors: https://www.cnbc.com/2021/01/27/chamath-palihapitiya-closes-gamestop-put-but-defends-particular particular person-investors-valid-to.html

Movies: https://www.cnbc.com/video/2021/01/27/investor-chamath-palihapitiya-the-gamestop-memoir-is-pushback-towards-wall-boulevard-institution.html https://www.cnbc.com/video/2021/01/27/billionaire-investor-chamath-palihapitiya-on-gamestop-surge-and-rise-of-retail-investors.html

Gamestop assign gyrations: https://www.cnbc.com/2021/01/28/gamestop-reverses-losses-and-surges-one more-30percent-in-the-premarket-to-450-as-mania-continues.html

What number of shares of GME are shorted: https://isthesqueezesquoze.com

FTX lists GME for tokenized put and futures purchasing and selling: https://www.theblockcrypto.com/linked/92756/ftx-lists-gme-stock-for-tokenized-put-futures-purchasing and selling

FTX’s Wall Facet road Bets tokenized index fund: https://twitter.com/SBF_Alameda/location/1354790817060143114?s=20

Robinhood customers easiest being ready to promote, no longer aquire GME when Robinhood’s income greatest income provide is sending affirm waft to hedge funds: https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-purchasing and selling-in-gamestop-s.html

Matt Levine of Bloomberg on GameStop: https://www.bloomberg.com/conception/articles/2021-01-28/shining-when-to-promote-gamestop-stock-at-the-high-is-unattainable?sref=m9L277rN

Hyperlink to the Crypto Info Recap:

https://unchainedpodcast.com/how-gamestop-is-be pleased-crypto/