We Are Not Saved
Cryptomania NFTs, Hope, Fraud, and Parents
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:10:29
- More information
Informações:
Synopsis
How much of the mania is inherent to crypto and how much is just SBF? Cryptomania: Hype, Hope, and the Fall of FTX's Billion-Dollar Fintech Empire By: Andrew R. Chow Published: 2024 416 Pages Briefly, what is this book about? The 2020-2022 crypto boom. Three groups stand out. The scammers, as represented by Sam Bankman-Fried (SBF). The idealists, as represented by Vitalik Buterin and the victims as represented by African NFT artist Owo Anieti. What's the author's angle? Chow definitely thinks that there was a crypto bubble that popped in 2022 with the implosion of FTX. Whether he thinks crypto is a bubble in its entirety is less clear. He’s definitely not a crypto booster. Who should read this book? I mostly read it to partake in some schadenfreude at SBF’s expense. It delivered on that. If you have similar desires I would recommend it, but it also did a great job of outlining the craziness of that era. What Black Swans does it reveal? The collapse of FTX played out over a much shorter time period than the