Doberty made off that you made thogh when he made the proposal. He did not, but i think at persian capital, who originally suggested the scheme, might have made that allusion to it. I think sam bankman fried is an amoral actor willing to use his wealth to try to influence politics, regulations and anything else. So it benefits him with apparently not even enough shame to try to hide it here. But my issue with it is the current value of an unsustainable scheme itis basically entirely predicated on the belief that eventually you'll be able to identify people who don't recognize it as an unsustainable scheme.
Paris Marx is joined by Bennett Tomlin to discuss last week’s crash of Terra and Luna, the problems with stablecoins, and whether this collapse will finally force regulators to take action on cryptocurrency.
Bennett Tomlin is a co-host of Crypto Critics’ Corner and writer of the FUD Letter. Follow Bennett on Twitter at @BennettTomlin.
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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