QTR’s Fringe Finance

Share this post
The "Magic Ponzi Business" Of Crypto Yield Farming Hasn't Even Begun To Blow Up Yet
quoththeraven.substack.com

The "Magic Ponzi Business" Of Crypto Yield Farming Hasn't Even Begun To Blow Up Yet

I was stunned this past weekend when a friend of mine shot me an interview with FTX CEO and crypto billionaire Sam Bankman-Fried that I had never seen before.

Quoth the Raven
Jul 14, 2022
49
9
Share this post
The "Magic Ponzi Business" Of Crypto Yield Farming Hasn't Even Begun To Blow Up Yet
quoththeraven.substack.com

I was stunned this past weekend when a friend of mine sent me an interview with FTX CEO and crypto billionaire Sam Bankman-Fried that I had never seen before. In the interview, Sam, who I recently noted knows more about the inner bowels of the defi/crypto space than anybody, basically came out and admitted that crypto lending was one giant Ponzi scheme.

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Quoth the Raven
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing