Interview · moment 16 of 33

NFTs, FTX, and the Bahamas Sex Commune

from The Joe Rogan Experience | #330 · #330

4 min

Guest

Tim is glad he never took crypto/NFT ad deals, unlike Logan Paul, Tom Brady, and Matt Damon who got sued, then they dig into Sam Bankman-Fried's FTX collapse and the gossip about unattractive polyamorous nerds running a commune-style operation in the Bahamas.

In this bit9 moments
  • Tim acknowledges he refused to promote NFTs despite being offered advertising deals.
  • Matt Damon's crypto commercials compared cryptocurrency to exploration like Magellan and the moon landing.
  • The show ran crypto ads for investment services but not for specific coins or projects like a hypothetical Dylan coin.
  • Tim would still do FTX ads if Sam Bankman-Fried could make customers whole on his millions of debts.
  • Bankman-Fried likely believes he can pull off another scheme after donating heavily to Biden and gaining access to powerful people.
  • Tim questions whether Bankman-Fried is still allowed to take amphetamines, given that drug use was part of FTX's problem.
  • FTX didn't even trade Bitcoin—they dealt in other dubious cryptocurrencies that weren't properly implemented.
  • FTX leadership was essentially running an ugly-people sex cult in the Bahamas while taking pills.
  • Despite massive wealth, Bankman-Fried's circle couldn't attract conventionally attractive people to the operation.
Mentioned here

Sam Bankman-FriedMatt DamonKim KardashianTom BradyJoe BidenLogan PaulBill Clinton

All 33 moments in this episode →