The 29-year-old billionaire CEO of crypto derivatives exchange FTX considers the meme cryptocurrency Dogecoin (DOGE) the asset of the year.
In a new interview on The Jax Jones and Martin Warner Show, Sam Bankman-Fried explains how economic conditions in the past year have pushed retail investors to bet on the Shiba Inu-themed crypto asset.
“If there’s like an asset of the year for 2020 and 2021, it would be Dogecoin. That is the asset that accurately reflects our current economic climate. That is the asset that we have all chosen and that we deserve for better or for worse.
I don’t say that as an endorsement or an anti-endorsement. I’m not trying to take a position on it. I’m just saying everything we as a society have decided over the last year has been dragging us closer and closer to the Dogecoin financial standard.”