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As FTX and Alameda Research enter the public eye more and more, a side effect is that the billionaire is a growing public figure. Especially after providing a large amount of donations for Joe Biden’s US presidential campaign, some observers hope that SBF can act as a professional lobbyist on behalf of the crypto ecosystem.
Although he said he was willing to discuss his views, he did not try to deal with marginal issues or sell used cars to anyone:
So I’m very happy to provide resources to anyone in the government or anyone else who wants it, and I think it’s great to talk about what this industry is like […] Look, they have so many people come to them with agendas. You know, as far as my agenda is concerned, I just hope it comes from my actual thoughts and beliefs. So what I want to talk about is my thoughts and beliefs, rather than trying to create a factual pattern or something similar that fits exactly where I want it to go. “
Another hot topic is the increasing push for institutional adoption. Although Bankman-Fried stated that institutions are increasingly “urgent” to get involved, they are not always completely sure what this looks like or what their goals are. Therefore, this process is sometimes a feeling.
“The first thing we do is to listen, right? We are like, look, what is your goal here? What do you really want to do? Then we can say, okay, cool, this is the industry The way it works now. Ignore what you said. This is this, this is the location of the land. […] We hope to be one day away from pulling the trigger. “
Finally, he weighed the first-tier battle between Ethereum and Solana. Although Ethereum extremists quickly pointed out the moat of developers and the ecosystem, the SBF wanted to know how invulnerable the moat was. When it comes to true widespread adoption, it is important to distinguish between obstacles that can be overcome and obstacles that are more stubborn (such as scalability).
“I think this is one of the basic tensions here. If encryption never grows, then this moat is insurmountable. But if encryption grows 50 times, then the moat is 2% of the final pie. The other part, yes , Is why the moat is valuable as a business? The moat is valuable for keeping others out. The moat does not allow you to grow, right? It removes the specific obstacle to your growth, namely competitors, but the moat Not growth itself […] If your castle really can’t get bigger, maybe no one will enter it, but it now has 2% of the land, and there will be no more. ”
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