Sam Bankman-Fried, CEO and founder of FTX, describes what happened between the Subreddit Wall Street Bets and hedge funds around the stock of GameStop this week. In this episode, he covers:what happened with the stock of video game retailer GameStop this weekwhat that says about how to value a stockhow the traditional financial establishment reactedhow the events in GameStop this week are similar to the way crypto markets operatehow a crypto financial system could affect the ability of investors to do what the hedge funds did with GameStop — shorting more shares of the stock than actually existwhat led to FTX listing for tokenized versions of GameStop, Blackberry, AMC and Nokia, as well as a tokenized index fund of Wall Street Bets stockshow the tokenized stocks and index work on the back endwhy Robinhood restricted customers from purchasing shares in GameStop on Thursdaywhat the inspiration was for FTXThank you to our sponsors!Crypto.com: http://crypto.comThe Sun Exchange: http://sunexchange.comEpisode links:Sam Bankman-Fried: https://twitter.com/SBF_AlamedaFTX: https://ftx.comRoundups of what happened with Gamestop: NYT: https://www.nytimes.com/2021/01/27/business/gamestop-wall-street-bets.htmlVox: https://www.vox.com/the-goods/22249458/gamestop-stock-wallstreetbets-reddit-citronEarly Wired story: https://www.wired.com/story/gamestop-stock-wall-street-bets-short-squeeze/NYT analysis: https://www.nytimes.com/2021/01/28/technology/gamestop-stock.htmlSam on what can determine an asset’s price: https://twitter.com/SBF_Alameda/status/1354790766313234432?s=20Chamath Palihapitiya on CNBC discussing Gamestop — defending individual investors: https://www.cnbc.com/2021/01/27/chamath-palihapitiya-closes-gamestop-position-but-defends-individual-investors-right-to.htmlVideos: https://www.cnbc.com/video/2021/01/27/investor-chamath-palihapitiya-the-gamestop-story-is-pushback-against-wall-street-establishment.htmlhttps://www.cnbc.com/video/2021/01/27/billionaire-investor-chamath-palihapitiya-on-gamestop-surge-and-rise-of-retail-investors.htmlGamestop price gyrations: https://www.cnbc.com/2021/01/28/gamestop-reverses-losses-and-surges-another-30percent-in-the-premarket-to-450-as-mania-continues.html How many shares of GME are shorted: https://isthesqueezesquoze.comFTX lists GME for tokenized spot and futures trading: https://www.theblockcrypto.com/linked/92756/ftx-lists-gme-stock-for-tokenized-spot-futures-tradingFTX’s Wall Street Bets tokenized index fund: https://twitter.com/SBF_Alameda/status/1354790817060143114?s=20Robinhood customers only being able to sell, not buy GME when Robinhood’s revenue biggest revenue source is sending order flow to hedge funds: https://www.cnbc.com/2021/01/28/robinhood-interactive-brokers-restrict-trading-in-gamestop-s.htmlMatt Levine of Bloomberg on GameStop: https://www.bloomberg.com/opinion/articles/2021-01-28/knowing-when-to-sell-gamestop-stock-at-the-top-is-impossible?sref=m9L277rNLink to the Crypto News Recap:https://unchainedpodcast.com/how-gamestop-is-like-crypto/