Cryptocurrency Capitalism's Canary In The Coal Mine

Noah Kulwin, the co-host of the Blowback podcast joins to discuss the similarities and differences of cryptocurrencies like Luna and TerraUSD and the savings and loans crisis of the ’80s. The Majority Report crew discusses how cryptocurrency is presented as concrete when there is a lot we still don’t know about it. The crew also talks about crypto as an indicator of late-stage capitalism and how nothing of value is being produced in particular with NFTs and has proven to be unstable.

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