Skip to content
TrackPodcasts
technologySep 4, 202627:38pending

Bitcoin's FATAL Trust Flaw | Sidebean

Sidebean

About this episode

Bitcoin's FATAL Trust Flaw We don't just make videos. We help founders craft stories about their businesses. Pitch Deck Design Agency ► https://yt.slidebean.com/z7b The Slidebean Platform ► https://yt.slidebean.com/pg7 Financial Modeling ► https://yt.slidebean.com/vgz -- Join our YouTube Community ► https://yt.slidebean.com/community #slidebean #startups #FTX #SBF #crypto #scams #slidebean #startups #ticketmaster #TaylorSwift #concerts #BadBunny There’s an elephant in the room, surrounding the FTX story- that no one else seems to be talking about. You guys have been asking for this video, but we didn’t want to do yet another re-telling of what happened (or is happening). Sam Bankman-Fried is a criminal; he ran his company irresponsibly- but that’s not the worst part about the collapse of his company. It’s The pension fund that lost $95 million invested in FTX. It’s The African founders that lost everything. Everything! And had to fire everyone in a day. The VCs that actually had to write apology letters (that doesn’t happen). It’s what it says about peopleTRUSTING him. I am going to explain what happened with FTX, don’t worry- but that’s not the point of this video. For bitcoin or for any cryptocurrency to actually be a currency, to actually play a part in our future… people need to TRUST in it. And FTX is just the latest case that shows how greed, market manipulation, personal feuds get in the way of a potentially revolutionzing piece of tech. Bankman-Fried speaks terribly about how, time and time again, we’ve put TRUST in the wrong person - and the future of the crypto revolution hangs in that balance. About Slidebean Slidebean is a platform for founders to scale their startups. Our platform offers everything you need to build your startup, your pitch deck, set up your company, and start gaining traction. Our team of experts can also help you write and design your pitch deck and build the financial model for your startup. Follow us Twitter: http://twitter.com/slidebean LinkedIn: http://linkedin.com/company/slidebean Instagram: http://instagram.com/slidebean Caya Twitter: http://twitter.com/cayahere LinkedIn: https://www.linkedin.com/in/caya/ Turn on notifications for the podcast & rate it a 5-star for new episodes. Sidebean makes documentaries about startups, tech, and their impact on society. It is a venture-backed company that helps other startups navigate the complicated road to success. They love to cover stories around business, startups, and tech, trying both to teach and entertain. Subscribe to Sidebean on YouTube: https://www.youtube.com/@slidebean/ Disclaimer: This podcast is an independently produced audio adaptation of content originally shared by Sidebean. It was created by a fan who appreciates Sidebean’s thoughtful storytelling and wanted to make these ideas more accessible for audio-focused listeners. This is not an official production of Sidebean, nor is it affiliated with or endorsed by the channel. All rights to the original video content belong to Sidebean. If you are a representative of Sidebean and have any questions or requests, please feel free to reach out. - ------- -------- Keywords: tech impact, startup podcast, ai podcast, startup analysis Learn more about your ad choices. Visit megaphone.fm/adchoices

Get every episode summarized

Each time Sidebean publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

Hosts & guests

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

Bitcoin's FATAL Trust Flaw | Sidebean

Sidebean

0:00
27:38

More episodes

More from Sidebean

View all episodes →