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The SBF "magic box" interview with Matt Levine where he casually describes yield farming as nothing more than a Ponzi scheme never gets old.

https://www.ft.com/content/eac0e56c-f30b-4591-b603-f971e60dc...



“if you’d like to gain greater insight about “valuable boxes” with no economic use case that go “to infinity” because of “the bullishness of people’s usage of the box”, don’t forget to sign up for the FT’s Crypto and Digital Assets Summit beginning Tuesday.”


This is why it's silly to say that the prosecution had an airtight case. It's like saying the winning fighter boxed perfectly, when actually the other one just kept smashing his own face into the ground.


I listen to this a few times year, cheers me up everytime



Well, he wasn't wrong about that.


I thought that was a great interview and sbf was a great and clear speaker. He really got his point across.

It kinda makes me sad that he fucked up doing some unrelated shit.




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