Why Alex Sees Layering DeFi Protocols as Too Risky | Ep 527
Good evening— Alex and Emily are back from a one-week break with one of the densest Trust Issues episodes to date. The centerpiece: Alex had Claude build him an interactive diagram mapping every relationship between the major AI and chip companies — Google, Microsoft, Amazon, OpenAI, Anthropic, xAI, Meta, Apple, NVIDIA, AMD, Broadcom, TSMC, SoftBank, and the US government. Investment lines, competition lines, feud lines, lawsuit lines, supply chain lines. The picture that emerges is a closed-loop money-laundering ouroboros where the same dollars cycle between the same five companies as…
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