Gloria Borger: I think everything tht you're talking about there shows just how shady the whale tether and stable coin and, you know, larger crypto space is. But i think one key piece there is the regulatory aspect, right? And how so far they have largely escaped regulatory scrutiny. She says that seems to be changing now. There's talk at the s c, at the fed, at the consumer financial protection bureau, which just brought on alexis goldstein, who is a known crypto critic. The biden administration is going to put forward an executive order laying out its intentions, i guess, for crypto regulation.
As the podcast celebrates episode 100, Paris Marx is joined by Jacob Silverman to discuss the huge drop in crypto prices, the coming threat (to crypto) of interest rate hikes and regulation, the human impact of crypto schemes, and where things may be going next.
Jacob Silverman is a staff writer at The New Republic and writes about crypto with the actor Ben McKenzie. Follow Jacob on Twitter at @SilvermanJacob.
Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.
Find out more about Harbinger Media Network at harbingermedianetwork.com.
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