Tech Won't Save Us19 Touko 2022

(Un)Stablecoins and the Crypto Crash w/ Bennett Tomlin

Paris Marx is joined by Bennett Tomlin to discuss last week’s crash of Terra and Luna, the problems with stablecoins, and whether this collapse will finally force regulators to take action on cryptocurrency.Bennett Tomlin is a co-host of Crypto Critics’ Corner and writer of the FUD Letter. Follow Bennett on Twitter at @BennettTomlin.Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.Find out more about Harbinger Media Network at harbingermedianetwork.com.Also mentioned in this episode: Paris wrote about the Terra/Luna collapse and why we can’t let those who promoted crypto scams escape blame for their actions. Bennett references George Soros’ attack on the British pound in 1992, also known as Black Wednesday. Do Kwan was behind the failed Basis Cash stablecoin. Vitalik Buterin backed a proposal for an FDIC-like response to rescue “small holders” who lost money in the Luna collapse. Investors recently pulled $7 billion out of Tether, which still won’t be open about its reserves. It was hacked in 2017. FTX CEO Sam Bankman-Fried described yield farming as a Ponzi scheme. Justin Sun has already launched a copycat of the failed Terra algorithmic stablecoin. The Verge did a deep dive on him in March. a16z says the crypto winter is here. Support the show

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(344)

Tech Media Needs to Do Better on Crypto and Elon Musk w/ Ed Zitron

Paris Marx is joined by Ed Zitron for a wide-ranging discussion on the responsibility tech media has to its readers, the problems with crypto, and why bosses like Elon Musk are desperate to force work...

2 Kesä 20221h 7min

The Dangerous Ideology of the Tech Elite w/ Émile P. Torres

Paris Marx is joined by Émile P. Torres to discuss why longtermism isn’t just about long-term thinking, but provides a framework for Silicon Valley billionaires to justify ignoring the crises facing h...

26 Touko 202255min

The Argument for Half-Earth Socialism w/ Drew Pendergrass & Troy Vettese

Paris Marx is joined by Drew Pendergrass and Troy Vettese to discuss the environmental crises of climate change and mass extinction we face, and why taking them seriously while providing for everyone ...

12 Touko 202258min

How IBM Workers Took On Racism and Apartheid w/ ann haeyoung

Paris Marx is joined by ann haeyoung to discuss IBM worker organizing in the 1970s and 1980s against racism and apartheid, and how those stories are important to informing tech organizing in the prese...

5 Touko 202250min

The Financialization of Everything w/ Edward Ongweso Jr.

Paris Marx is joined by Edward Ongweso Jr. to discuss Elon Musk’s Twitter acquisition, how technology is enabling an extension of speculation and gambling, and why those pressures need to be opposed.E...

28 Huhti 20221h 3min

We Can’t Allow Tech Solutions to Delay Climate Action w/ Molly Taft

Paris Marx is joined by Molly Taft to discuss why we need to act now to reduce emissions, what role carbon removal technologies can play, and how Silicon Valley is trying to shift our focus to future ...

21 Huhti 202258min

Who’s to Blame When a Self-Driving Car Kills Someone? w/ Lauren Smiley

Paris Marx is joined by Lauren Smiley to discuss what we’ve learned about the Uber crash since in happened in March 2018, what that’s meant for the vehicle operator who’s been charged, and whether the...

14 Huhti 20221h 3min