Examining the Social Movement of Crypto

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The crypto industry will 'gradually just become like Beanie Babies of something,' says matthewstoller. Casting doubt on the tech behind crypto, he says, 'blockchain is just an inefficient spreadsheet.' Watch more for Crypto2023, presented by bitstamp:

Matt Stoller, director of research at the American Economic Liberties Project, wrote an opinion piece on CoinDesk titled "Cryptocurrencies: A Necessary Scam?" He compares crypto to the anti-monopoly movement.

Stoller joins "First Mover" to discuss his thesis.
 

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matthewstoller Bitstamp ...and triple-entry accounting is just a passing fad.

matthewstoller Bitstamp Not a smart person.

matthewstoller Bitstamp matthewstoller i agree most crytpo including bitcoin is just another beanie babies clone in the end. But there are some projects out there actually having real world utility playing the longterm game.. like europe already understands

matthewstoller Bitstamp 🖕🖕

matthewstoller Bitstamp matthewstoller is an inefficient encyclopedia. Common side effect of Ivy league schooling

matthewstoller Bitstamp Gonna go down as one of the worst predictions in the history of this space. He’s doom gloating at the bottom

matthewstoller Bitstamp Unreal IOHK_Charles

matthewstoller Bitstamp Fiat Brain Full of mush

matthewstoller Bitstamp Matt is one the biggest crypto/blockchain haters around.

matthewstoller Bitstamp Yep 👎

matthewstoller Bitstamp LOL

matthewstoller Bitstamp Are we back in 2009? 😂

matthewstoller Bitstamp DIDN'T KNOW COINDESK WAS HIRING FUDDERS FROM THE 2014 ERA. JFC THAT'S CRINGE.

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