Podcast Hack
A Thorough Case Against CryptoBy The Ezra Klein Show, Ezra Klein, Dan Olson

In a Nutshell

In this episode from April 2022, Ezra Klein is joined by Dan Olson to burst the crypto bubble. The pair discuss the continual shifting of goalposts, false promises, and cult-like behaviors rife in the crypto world.

Favorite Quote

What if they're wrong? What if their technology doesn't build anything like the world they think they're building? What kind of problems could be created by crypto's failure, and who could be hurt by it?

Ezra Klein

Introduction

Cryptocurrencies have become a global phenomenon in recent years.

But despite crypto's promises of democratized decentralization, so far its biggest impact has been making a select group of early supporters unfathomably rich and powerful.

The Ezra Klein Show is a podcast that poses hard-hitting questions every week, with the New York Times journalist and co-founder of Vox joined by experts from every discipline and corner of the world.

In this episode from April 2022, Klein talks to Dan Olson, a writer known for his critiques of crypto and NFTs.

The pair turn the conversation about crypto on its head, asking not what the potentials and dangers of crypto's massive success are, but what happens if it cannot fulfill its idealistic promises.

Here are the 3 key insights from this Hack

  1. 1.
    Since the original vision of cryptocurrency failed, its applications shifted to maintain interest
  2. 2.
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  3. 3.
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