Cryptocurrency

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Bot: I've been a long term sceptic of crypto, and i think that's been reinforced. currencies like bit coin are maybe down 60 % from their hies. The question still remains, unlike the block chamber, what problem are we solving? And is there a real problem that this is a solution to? He says it'll be superinteresting to see if this has increased appetite for regulating some of these markets.

Felix and Mihir discuss the turmoil in financial markets and how best to respond as an investor or a corporate executive. Is it time to panic? What is the longer-term outlook for the economy? Will the Federal Reserve be able to tame inflation without causing a recession? They also discuss the fate of Upstart, an AI-supported lending platform. The former Wall Street darling lost much of its value, seemingly overnight. Can Upstart recover? Are we really better off with more consumer credit?