The Prof G Pod with Scott Galloway cover image

The Crypto Meltdown — with David Yermack

The Prof G Pod with Scott Galloway

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Bitcoin: Trustless or Just New Middlemen?

This chapter examines Bitcoin's original vision as a trustless alternative to traditional financial systems, while critiquing the emergence of new intermediaries that resemble the institutions it aimed to replace. It reflects on the media's exaggerated portrayal of cryptocurrency's decline and questions whether the focus on crypto is justified in relation to its actual impact on the economy.

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