Even earlier than the FTX collapse, crypto had loads of critics. The autumn of Sam Bankman-Fried’s empire has simply strengthened their arguments. On this remaining episode of Crypto IRL (recorded earlier than FTX went bust), we collect “The OC” actor and Bitcoin opponent Ben McKenzie, software program engineer Molly White of “Web3 Is Going Simply Nice” and inclusive finance skilled Tonantzin Carmona of the Brookings Establishment to put out why they assume the digital asset has no utility and fails in its promise as a substitute financial system.
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