In this environment, where the economy has turned from being an engine of sound principles into a casino, it’s no wonder charlatans like SBF can turn into powerful entities in the blink of an eye.Ĭhecks and balances are empty words spoken by people in suits in meetings.
And yet, the economic machine needs to keep running. And the seeming robustness of capital, institutions and the state is turning out to be a facade. In this interview, we discuss FTXs lack of checks and balances, how fiat is struggling to find yield, zombie countries and the the debt spiral, and how Bitcoin is the best asymmetric bet of our lifetime. James Lavish is a Bitcoin advocate and writer, & Greg Foss is a Bitcoin strategist, and they’re both co-founders of Looking Glass education.
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