11min chapter

This Is Hell! cover image

Crypto and The Silicon Valley Scam Economy / Hadas Thier

This Is Hell!

CHAPTER

The Media's Role in Promoting the Crypto Economy

This chapter explores the media's celebration of billionaires and their failure to hold them accountable for their questionable fortunes, using the example of Sam Bankman-Fried. It delves into the lack of accountability in mainstream media companies and the consequences of their incorrect predictions. The chapter also discusses the similarities between the cryptocurrency market and the housing bubble, raising questions about the sustainability of capitalism.

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