Transcript: Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto
Sam Bankman-Fried, founder and Chief Executive Officer of FTX, speaks with Senators and their staff.
Photographer: Sarah Silbiger/BloombergThe price of major cryptocurrencies like Bitcoin and Ethereum have been moving sideways for awhile. But it doesn't seem like there's any slowdown in terms of money entering the space. Every day, some new fund is being launched or some legacy financial institution is diving into it. But what's all this money going to do? On this episode we speak with Sam Bankman-Fried, the CEO and co-founder of FTX, as well as Bloomberg Opinion columnist, Matt Levine, the money-making opportunities that people are exploiting, whether it's directional bets on coins or yield farming or arbitrage, and how much potential profit there is for the taking. Transcripts have been lightly edited for clarity.