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THE DEFI DAVE POD EP#1 In this first episode, author David Z. Morris talks about his book, Stealing the Future, that covers the rise and fall of SBF and the culture of rationalism, EA, and longtermism that he was surrounded by. Morris argues FTX’s collapse was essentially a massive margin call fueled by misuse of customer deposits and a delusion that he did no wrong. The conversation defines and critiques effective altruism, rationalism, and longtermism, linking them to techno-utopian claims, AI “doom” narratives, and investment-style thinking that can justify harming present people for hypothetical future gains. EPISODE LINKS Spotify: https://open.spotify.com/show/2UMiRkU... Apple: https://podcasts.apple.com/us/podcast... YouTube: / @thedefidavepod X/Twitter: https://x.com/defidave Substack: https://substack.com/@defidave GUEST LINKS Stealing The Future: Sam Bankman-Fried, Elite Fraud, and the Cult of Techno-Utopia on Amazon: https://www.amazon.com/Stealing-Futur... X/Twitter: https://x.com/davidzmorris Substack: https://substack.com/@davidzmorris SPONSOR Cap is a stablecoin powered by a novel covered credit system that puts users first, generating yield through a transparent overcollateralized credit market. Learn more about Cap at https://cap.app and follow them on X/Twitter at https://x.com/capmoney_ TIMESTAMPS 00:00 Intro Clips 00:31 Podcast Launch and Guest 02:18 Reporting the SBF Trial 04:30 Stealing the Future Thesis 06:09 Defining EA and Rationalism 10:35 Rationalism and AI Doom 13:50 EA Blind Spots and Leverage 17:56 Longtermism Explained 23:00 Gödel Maxwell and AI Limits 28:53 SBF Upbringing and Parents 32:30 Why SBF Was an Idiot 36:47 Gambling Mentality and Risk 40:54 EA as Performative Cover 41:39 Caroline at Trial 44:38 EA Roots and Alameda 51:26 CZ and the Fuse 52:53 FTT Collateral Explained 57:30 Buying Out Binance 01:01:29 AI Longtermism Scam 01:10:26 Critics and Resources 01:13:33 Wrap Up