Explicit

After FTX's Collapse, Can Crypto Survive Without a Savior? | Coinage Episode 4

Nov 22, 2022 · 26m 38s
After FTX's Collapse, Can Crypto Survive Without a Savior? | Coinage Episode 4
Description

The crypto industry is one that was built around Bitcoin — an alternative form of money founded to refute the failures of the traditional financial system. In fact, Bitcoin’s genesis...

show more
The crypto industry is one that was built around Bitcoin — an alternative form of money founded to refute the failures of the traditional financial system.

In fact, Bitcoin’s genesis block includes the text of the New York Times headline seen as the precipice of the bailout era: “Chancellor on Brink of Second Bailout for Banks.” It’s as if Bitcoin’s founder was speaking directly to the old banking system to say, “We see your transgressions, and we are coming for you.”

The irony, therefore, that crypto itself could come to repeat the very same mistakes the old system committed in the 2008 financial crisis is not lost on us. But how did we get here? And, can crypto survive without a savior?
show less
Information
Author Coinage
Organization kristie Graybill
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Podcast Cover

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search