Chapter
The State of Crypto in 2021
00:00 - 04:48 (04:48)
Although initially seen as an alternative to traditional financial systems, the decline of cryptocurrencies has aligned with that of the traditional economy. Crypto's central promise as money outside of the financial system is being increasingly questioned in light of recent events.
Clips
The crypto market has lost about $2 trillion in value since last year, which is surprising given it was supposed to be an alternative to traditional markets.
00:00 - 02:20 (02:20)
Crypto
Summary
The crypto market has lost about $2 trillion in value since last year, which is surprising given it was supposed to be an alternative to traditional markets. A colleague's article tells the story of how crypto became the thing it was trying to reject.
ChapterThe State of Crypto in 2021
EpisodeDeath of a Crypto Company
PodcastThe Daily
Exploring the vision of a world free from financial gatekeepers, people have invested heavily in cryptocurrencies, despite the risks, in response to a perceived mistreatment by Wall Street.
02:20 - 04:48 (02:28)
Cryptocurrency
Summary
Exploring the vision of a world free from financial gatekeepers, people have invested heavily in cryptocurrencies, despite the risks, in response to a perceived mistreatment by Wall Street.