Full Stack Economics

Share this post

Sam Bankman-Fried's infamous analogy for yield farming helps explain the tech boom

www.fullstackeconomics.com

Sam Bankman-Fried's infamous analogy for yield farming helps explain the tech boom

A lot of people were yield farming without knowing it during the 2010s.

Timothy B Lee
Nov 30, 2022
7
2
Share this post

Sam Bankman-Fried's infamous analogy for yield farming helps explain the tech boom

www.fullstackeconomics.com

On November 11, the cryptocurrency exchange FTX declared bankruptcy, having lost (or perhaps stolen) around $8 billion in customer funds. After FTX’s collapse, a lot of people have been talking about…

Keep reading with a 7-day free trial

Subscribe to Full Stack Economics to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2023 Timothy B. Lee
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing