00:01:33.800Most of the exchanges are having money issues.
00:01:37.720Most likely, a lot of them are fractionalized when it comes to their reserves and they lend out shit that they shouldn't be lending out.
00:01:45.340And now we're in a situation where, you know, they're trying to crack down on decentralized finance, you know, DEXs and regulate those.
00:01:56.140And that's why Sam Bankman Freed was kind of like that Trojan horse, man.
00:01:59.420And, you know, when the media is propagating a person a lot in a good way and you know that they kind of defame people that are pretty good the wrong way,
00:02:11.140then why are you going to listen to them about the crypto experts in the first place?
00:02:14.480And if you don't listen to them about politicians, if you don't listen to them about influencers, if you don't listen to them about anything,
00:02:19.880why would you listen to them about, you know, the crypto guy?
00:03:07.380He was also one of the co-founders of Ethereum, so highly involved in the ICO.
00:03:10.980And then the whole fiasco with moving from proof of works, which is the idea of mining Ethereum, to proof of stake, which is staking your Ethereum to have validation in the nodes.
00:03:22.840Now you're in a circumstance and in a situation where what happens?
00:03:26.520The person or the group of people that hold the most amount of Ethereum control the network.
00:03:30.740And who owns the most amount of Ethereum?
00:03:32.500Ethereum, the Ethereum Foundation, the people involved in the founding of Ethereum, ConsenSys, all these super whales.
00:03:39.280So, you know, it was a great way of bringing in a ton of money into the ecosystem and then regaining centralized power.
00:14:14.980If you could give me 10 men now and I already know who they are and we would all sit there and agree our roles and shake hands and work at it,
00:14:19.420there ain't a business alive you could give me that we wouldn't fucking make money.