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Cryptocurrency started the year strong. But as 2022 ends, what was supposed to be a revolutionary way to buy, save and invest has collapsed. The price of nearly every cryptocurrency has plunged. Multiple businesses built specifically around them have cratered.
Now, members of Congress are calling for more stringent regulations around crypto. But would regulations change cryptocurrency so much that it would essentially stop being crypto? Today, the over-talked-about, often under-understood world of crypto. Read the full transcript here.
Host: Gustavo Arellano
Guests: L.A. Times reporter Michael Hiltzik
More reading:
Column: Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failure
Column: Thinking of putting crypto in your 401(k)? Think twice
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode