Macro N Cheese
FTX and the Fall of Cryptocurrency with Robert Hockett
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:50:55
- More information
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Synopsis
All digital currency is not created equal. Its technology can potentially be used as a force for good or a force of evil. Robert Hockett joins Steve to discuss both. Let’s start with the evil. The collapse of FTX, one of the world’s largest crypto exchanges, is still sending shock waves through the mainstream and financial media. It seems that only MMTers are unsurprised by it or the chain reaction, as other crypto schemes are tumbling apace. Bob describes how the collapse follows the same pattern as the junk bond bubble of the 80s and the&nbs