4min chapter

Ones and Tooze cover image

Why Crypto Can't Buy Happiness

Ones and Tooze

CHAPTER

Cryptocurrency Is a Major Part of Our Economy

Facebook has sold off its intellectual property in a crypto venture called dm. But the one point nine trillion dollars that this market is still worth, says Adam Sobel. The founder of bitcoin explained how he wanted to make money more efficient and less trust based by issuing 50 "bit coins" By 20 28, 93% of all bit coins will have been minted - whether anyone will want them for anything at that point is a different matter.

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