4min chapter

Odd Lots cover image

Steve Eisman on Banks, AI and His Next Big Bet

Odd Lots

CHAPTER

Cryptocurrency: Is It a Currency?

There are two issues about crypto. Is it actually a currency? And number two, what's it good for? I have my doubts that it's even a currency, but let's push that aside. What's a good for? One thing we know for certain what it's good for is money laundering. So at this point, it's certainly not good for transactions in the real world because the cost of it is just way too high.

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