Coffeezilla on SBF's Yield Farming as a Ponzi Scheme
Coffeezilla · Commentary · 8 min · 2022 · YouTube title: Crypto CEO Accidentally Describes Ponzi Scheme
Why it's here
After the FTX collapse, commenters cited it as an early red flag, though others disliked the YouTuber's style.
What it covers
Coffeezilla reacts to Sam Bankman-Fried's explanation of yield farming on the Odd Lots podcast, arguing he effectively described a Ponzi scheme. The video was made well before FTX collapsed.