Finance: How did FTX happen?
And that’s where the danger comes in. Because it’s not just hypocritical to act like capitalist accumulation is altruism. It’s also a great way for people like Bankman-Field to avoid…
Should you buy cryptocurrencies?
My thoughts, from the very beginning: Cryptocurrencies/digital currencies have important roles to play. This video sets expectations correctly – there is no reason for there to be one cryptocurrency as…
Taleb says bitcoin effectively worth zero
People also conflate the success of bitcoin as a digital currency with the success of bitcoin as a speculative investment. To be a currency would require it to have some…
Recent cryptocurrency investors lost a lot of money
Many new and naive cryptocurrency investors jumped in and bought digital currency last winter - but since then have suffered huge losses. The digital currency market bubble seemed obvious but…