The Vergecast Apple could open up iOS, Elon gets booed, and the golden age of streaming is coming to an end
Dec 16, 2022
The hosts dive into Apple's potential shift towards allowing third-party app stores on iOS, sparking innovation debates. Elon Musk's latest antics, including being booed at a live show, draw attention to his controversial Twitter tenure. The streaming wars might be losing their luster as major platforms cut back on content. Meanwhile, discussions swirl around legal challenges in the tech world, particularly regarding crypto's evolving landscape and Apple's compliance with new regulations.
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SBF Arrest
- Sam Bankman-Fried, FTX founder, was arrested in the Bahamas.
- This followed FTX's collapse and the discovery of missing customer funds.
Crypto's Utility Problem
- Crypto's utility is still primarily linked to crimes, despite some legitimate uses.
- Focusing on SBF's arrest distracts from the larger lack of utility in crypto.
Crypto Exchanges and Ponzi Schemes
- Many crypto exchanges operate similarly to Ponzi schemes, relying on new deposits.
- Their business models would be unsustainable if they addressed this issue.