$NFLX stops sharing, $SNAP Q2 earnings, $COIN alleged insider trading with Alex Wilhelm | E1517
This Week in Startups
Crypto Collapse and Trust Issues
This chapter examines the aftermath of the Three Arrows Capital failure, linking it to prior issues with algorithmic stablecoins and highlighting a troubling lack of accountability in the crypto space. It explores the interconnectedness of crypto companies, trust dynamics within the community, and the notion of toxic positivity, while also featuring a unique story about a man's ambitious attempt to recover lost Bitcoin from a landfill. The discussion offers a candid critique of current trends in cryptocurrency and the pressures faced by those involved in the industry.
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