4min chapter

The New Bazaar cover image

Understanding crypto

The New Bazaar

CHAPTER

Cryptocurrency

There's something about describing a financial bubble that i can't tell if it applies in the case of crypto. The idea that you're putting money in on the expectation that you're going to take more money out later. You're sending yourself money in the future, basically. And now, it seems like maybe with crypto, parts of the stock market, all these groups getting together, like pump up stocks,. Yes, they obviously want to make money. But part of what they're actually paying for is the enjoy ment of being part of the community. Ad yes, It was a community in addition to an investment club. I would note that those folks are using money that they can afford to

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode