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All-In PodcastAll-In Podcast

E172: SBF gets 25 years, Trump's meme stock, RFK Jr picks VP, Biden's 2025 budget & more

Jason Calacanis on SBF’s 25 Years, Trump’s Meme Stock, RFK VP Pick, Budget Doom.

Jason CalacanishostDavid SackshostChamath PalihapitiyahostDavid Friedberghost
Mar 29, 20241h 27mWatch on YouTube ↗

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Episode Details

EPISODE INFO

Released
March 29, 2024
Duration
1h 27m
Channel
All-In Podcast
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

(0:00) Bestie Intros: Late night poker snacks! (2:33) SBF sentenced to 25 years (16:41) Trump's meme stock: modern trading card, protest vote, or something else? (34:59) RFK Jr. selects Nicole Shanahan as VP (47:46) Biden's budget plan for 2025: how to confront America's existential crisis? (1:11:59) Science Corner: Why the price of cocoa has skyrocketed! (1:16:41) Movie talk and wrap! Follow the besties: https://twitter.com/chamath https://twitter.com/Jason https://twitter.com/DavidSacks https://twitter.com/friedberg Follow on X: https://twitter.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg Intro Video Credit: https://twitter.com/TheZachEffect Referenced in the show: https://www.reuters.com/technology/sam-bankman-fried-be-sentenced-multi-billion-dollar-ftx-fraud-2024-03-28 https://www.cnbc.com/2024/03/25/ftx-estate-sells-majority-stake-in-startup-anthropic-for-884-million.html https://coingeek.com/ftx-founder-sam-bankman-fried-sentenced-to-25-years-in-prison https://www.google.com/finance/quote/DJT:NASDAQ https://www.sec.gov/Archives/edgar/data/1849635/000119312524036093/d408563ds4a.htm https://www.sec.gov/news/press-release/2023-121 https://apnews.com/article/trump-media-gamestop-truth-social-meme-stock-666e62b4f3f788bd6276764056bc7c0d https://www.nytimes.com/2022/05/18/business/melvin-capital-gamestop-short.html https://www.reddit.com/r/wallstreetbets/comments/lau37c/we_can_stay_retarded_longer_than_you_can_stay https://www.wsj.com/politics/elections/rfk-jr-to-name-nicole-shanahan-as-running-mate-for-presidential-bid-4b9a698e https://twitter.com/CollinRugg/status/1773147897439436939 https://www.cnbc.com/2024/03/01/the-us-national-debt-is-rising-by-1-trillion-about-every-100-days.html https://www.reuters.com/world/us/bidens-2024-us-government-budget-is-also-campaign-pitch-2024-03-11 https://www.whitehouse.gov/wp-content/uploads/2024/03/budget_fy2025.pdf https://manhattan.institute/article/the-limits-of-taxing-the-rich https://www.brookings.edu/wp-content/uploads/2016/06/09_effects_income_tax_changes_economic_growth_gale_samwick.pdf https://fred.stlouisfed.org/series/FYFRGDA188S https://fred.stlouisfed.org/series/FYONGDA188S https://www.oecd.org/tax/revenue-statistics-united-states.pdf https://www.visualcapitalist.com/inflation-chart-tracks-price-changes-us-goods-services https://fred.stlouisfed.org/series/USGOVT https://www.blackrock.com/corporate/investor-relations/larry-fink-annual-chairmans-letter https://www.kakaoplattform.ch/about-cocoa/cocoa-facts-and-figures https://www.movieposters.com/products/daliland-mpw-138836 https://twitter.com/stillgray/status/1773234188663054751 https://twitter.com/elonmusk/status/1773240336292393144 #allin #tech #news

SPEAKERS

  • Jason Calacanis

    host
  • David Sacks

    host
  • Chamath Palihapitiya

    host
  • Narrator

    other
  • David Friedberg

    host

EPISODE SUMMARY

In this episode of All-In Podcast, featuring Jason Calacanis and David Sacks, E172: SBF gets 25 years, Trump's meme stock, RFK Jr picks VP, Biden's 2025 budget & more explores SBF’s 25 Years, Trump’s Meme Stock, RFK VP Pick, Budget Doom The hosts open with light poker banter before diving into Sam Bankman-Fried’s 25-year federal sentence, noting the irony that FTX may still fully repay customers thanks to solid venture bets like Anthropic and Solana. They contrast SBF’s partly legitimate businesses with his criminal siphoning of customer funds into Alameda, politics, and personal aggrandizement, framing it as manic, messianic hubris amplified by drug-fueled culture. The conversation then shifts to Donald Trump’s Truth Social SPAC, arguing its sky‑high valuation is less about fundamentals and more a tradable ‘Trump brand token’ and protest vehicle against perceived “lawfare.” Finally, they debate RFK Jr.’s VP pick, the structural danger of US deficits and federal dependency, and briefly hit on cocoa price spikes and pop‑culture tangents like Dune Part Two and classic films.

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