203. Saving the Planet with Green Crypto Arbitrage (ft. Avi Asher-Schapiro)
This Machine Kills
00:00
Is There a Moral Justification for Arbitrage Opportunities?
Moss is a Brazilian company which claims to be the inventor of the first green digital asset in the world. The MCO2 token corresponds to one you know ton of carbon that wasn't cut down out of a forest in the Amazon. Moss bought credits that didn't have the social carbon score they're cheaper and then mixed them together into a pool. They issued a token for that for the and said these are the highest quality possible carbon credits in the world. But when we looked at the underlying quality of the credits in low and behold we found wait a second these aren't the highest possible quality those not these don't have thesocial carbon scorethese were just sitting on the shop
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