Market analysis: ad logic part 1 (lot of small paragraphs as in interview)
Test subheadline
Mar 3, 2023 at 9:50 a.m. UTC
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ARS: But it seems like when you read the stories, it sounds like a bunch of kids who are on Adderall having a sleepover party. [Audience laughs.]
SBF: I mean, look, I screwed up. Like, I was CEO, I was the CEO of FTX. And, I mean, I say this again and again, that that means I had a responsibility, that means that I was responsible ultimately for us doing the right things and, I mean, we didn't. Like, we, we messed up big.
ARS: But there were people, though, that were telling you that you needed more compliance, no?
SBF: Yeah.
ARS: Crypto, ultimately, is actually about trust.
SBF: Yep.
ARS: It's about not having to trust others. Frankly, it's supposed to be a trustless system.
SBF: Yep.
ARS: That's why you trust every – trust it so much supposedly.
SBF: Yep.
ARS: But it seems like when you read the stories, it sounds like a bunch of kids who are on Adderall having a sleepover party. [Audience laughs.]
SBF: I mean, look, I screwed up. Like, I was CEO, I was the CEO of FTX. And, I mean, I say this again and again, that that means I had a responsibility, that means that I was responsible ultimately for us doing the right things and, I mean, we didn't. Like, we, we messed up big.
ARS: But there were people, though, that were telling you that you needed more compliance, no?
SBF: Yeah.
ARS: Crypto, ultimately, is actually about trust.
SBF: Yep.
ARS: It's about not having to trust others. Frankly, it's supposed to be a trustless system.
SBF: Yep.
ARS: That's why you trust every – trust it so much supposedly.
SBF: Yep.
ARS: But it seems like when you read the stories, it sounds like a bunch of kids who are on Adderall having a sleepover party. [Audience laughs.]
SBF: I mean, look, I screwed up. Like, I was CEO, I was the CEO of FTX. And, I mean, I say this again and again, that that means I had a responsibility, that means that I was responsible ultimately for us doing the right things and, I mean, we didn't. Like, we, we messed up big.
ARS: But there were people, though, that were telling you that you needed more compliance, no?
SBF: Yeah.
ARS: Crypto, ultimately, is actually about trust.
SBF: Yep.
ARS: It's about not having to trust others. Frankly, it's supposed to be a trustless system.
SBF: Yep.
STORY CONTINUES BELOW
ARS: That's why you trust every – trust it so much supposedly.
SBF: Yep.
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