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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