Jun 19 2023
Episode 23: The Internet’s Crypto-Grift
The group wraps up our journey through the internet with a long, long discussion about the gold standard, grifts, crypto, and AI. Shark and Rachel align themselves with the Machines, while Aaron yells at clouds.
Music by Daniel Griggs
Reading list:
On Mt. Gox: https://www.wired.com/2014/03/bitcoin-exchange/“Could gold be the next Libor scandal?”What Drives Gold Prices?, Federal ReserveThe Bank War, history.comIs Gold an Inflation Hedge?, ForbesWizard of Oz and the Gold Standard, Marianne HayesRon Paul and Steve Forbes Jack Each Other Off About GoldA year on, El Salvador's bitcoin experiment is stumblingThe New York Couple Behind El Salvador’s Bitcoin ExperimentThe Electricity Costs of Bitcoin, CNETProof of Stake, Proof of WorkNo, Bitcoin isn't pumping because it's a "safe haven" from banksDunning-Kruger EffectDunning-Kruger Isn't Real, Psychology TodayA Crypto Game Promised to Lift Filipinos Out of Poverty. Here's What Happened Instead, TimeExclusive: Large bitcoin payments to right-wing activists a month before Capitol riot linked to foreign account, Yahoo NewsThe Enshittification of TikTok