Genesis & DCG Meltdown? | Was 2021 Just a Gigantic PONZI?
Podcast |
Bankless
Publisher |
Bankless
Media Type |
audio
Categories Via RSS |
News
Tech News
Technology
Publication Date |
Nov 23, 2022
Episode Duration |
01:50:56

Is Genesis the next domino to fall in the 2022 Contagion? As one of the biggest lending desks in the industry, what does it mean for Genesis to be in danger?

In this episode, we dive into David's conspiracy theories about unravelling ponzi schemes and the death of the bull market. Has David figured it all out?

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0:00 Intro 4:30 Barry Silbert in 2021 7:00 The Pyramid 11:30 Who Made the Money? 16:15 The Yield Game 23:00 The Players 27:00 Arbitrage 35:45 Deploying 41:00 The Macro Picture 45:00 Terra Luna Crater 48:30 The Blow-off Top 54:00 The GBTC ETF 58:00 3AC Liquidated 1:02:00 Saviors FTX and Genesis 1:05:30 FTX Threatened 1:09:50 Greyscale vs SEC 1:13:00 SBF Crumbles 1:20:00 SEC's Role 1:25:20 The Genesis Domino 1:32:00 Is this it? 1:36:00 2021 Was a Scam 1:40:00 Hitting the Reset Button 1:44:00 Comparing Bear Markets 1:47:00 Looking Forward

----- Resources:

Barry Silbert Tweet https://twitter.com/BarrySilbert/status/1408191462324441092 

Bull Market Pyramid https://docs.google.com/drawings/d/1BoRcwjJx3yp1UG9G2eFMNEzKDG4ufThLI1_JR1wk2y4/edit?usp=sharing 

Who Made the Money? https://twitter.com/TrustlessState/status/1590483734650056706  https://twitter.com/bmcmillan888/status/1590516943211368449 

GBTC https://www.sec.gov/Archives/edgar/data/1588489/000110465921000026/tm2039668d1_sc13ga.htm  https://miro.medium.com/max/4800/1*Axga-kkSolJ1eG0VfdRE_A.webp 

Investing into AVAX https://www.theblock.co/post/117895/polychain-three-arrows-capital-lead-230-million-avalanche 

Solunavax https://twitter.com/zhusu/status/1471807725742931969 

Inflation 2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html"> https://www.cnbc.com/2022/02/10/january-2022-cpi-inflation-rises-7point5percent-over-the-past-year-even-more-than-expected.html 

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

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