Crypto currency is no sort of digital token that is supposed to be a storehouse of value, says Edward Kleinbard. Most crypto currencies can't be readily exchanged for goods and services, he adds. "It's hard to ascribe to them the relative stability of most currencies"
Edward Ongweso Jr. and Jacob Silverman on cryptocurrency, NFTs, Elon Musk, the metaverse, meme stocks, and techno-utopianism amid the crushing reality of our neoliberal hellscape. The first in a two-episode series on crypto.
Read Dan's new essay on border control politics: nplusonemag.com/online-only/online-only/border-crises/
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