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Drunk as Rudy Guiliani

Political Gabfest

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Is the Cryp Economy Useful or Good?

Bea: Is the cryp economy useful or good? And what shall we make of the convulsion in it right now? Bea: The alternative was crypto went up to 30 trillion dollars am and then back to one and a half trillion. So people saved 28 trillion dollars of losses they would have had if this bubble got much, much worse before it popped. "It's an asset whose fundamental value is zero and whose side effects are quite bad," she says.

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