Nov 21, 2022

Jesse Powell on how Sam Bankman-Fried was in conflict with the crypto industry

Most people want good things.  They got into the space to change the world and really help people and to push crypto forward.  They're not here, first and foremost, to make money.  I think Sam saw crypto as a means to an end, and most people in this space see crypto as the end goal...  That's what we need to deliver to humanity.  So his ideas certainly were in conflict with the rest of the industry.

~ Jesse Powell, "FTX Meltdown and the Future of Crypto," Reason.com, 22:20 mark, November 16, 2022



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