Zeke Faux's Crypto Adventures and His Relationship With Former FTX CEO SBF - Ep. 545

This podcast episode explores the rise and mystery of Tether, a stablecoin cryptocurrency, and its controversial role in the crypto world. It delves into the concerns surrounding the authenticity of Tether's assets, the skepticism from major users, and the questions raised by the US government. The episode also covers the struggle to interview Tether's executives and the spotlight on potential illicit activities associated with Tether. Additionally, it discusses the number go up philosophy and its influence on decision-making in the crypto industry. The chapter highlights the importance of effective altruism, the influence of media strategy, and the involvement of Tether in scam compounds and gang activities. It also addresses the personal risks and consequences associated with exposing these scams and the challenge of combating human trafficking in the presence of cryptocurrencies. Furthermore, the episode explores the community aspect of the crypto space and the author's experiences with NFTs and Ape Fest. Overall, it provides insights into the enigmatic world of Tether, the complexities of the crypto industry, and the implications of its practices. Main points • Tether is a stablecoin cryptocurrency that raises concerns about the authenticity of its assets and its impact on the global financial system. • The struggle to interview Tether's executives raises questions about the company's transparency and legitimacy. • The number go up philosophy and its influence on decision-making in the crypto industry can lead to risky behaviors and unethical practices. • Tether's involvement in illicit activities, such as scam compounds and gang activities, raises concerns about its association with criminal behavior. • The relationship between Tether and the media is explored, highlighting the influence of media coverage on decision-making and public perception. • The challenges of exposing and combating scams and human trafficking in the presence of cryptocurrencies are discussed. • The importance of community in the crypto space and the experiences of attending events like Ape Fest and owning NFTs are explored. • The episode acknowledges the complexities and enigmatic nature of the crypto world, urging further investigation and exploration.