Crypto’s Alpha Male Culture, Explained

Crypto’s Alpha Male Culture, Explained

In the days leading up to the staggering collapse of FTX, a series of tweets from a top crypto executive signaled that the exchange was likely in deep financial trouble. Former FTX CEO Sam Bankman-Fried and Binance CEO Changpeng Zhao - or “CZ” as he’s commonly called - are known rivals. But when CZ tweeted that he was pulling his investments out of FTX - it sparked a run on the exchange that ultimately led to its insolvency.

The idea that a once flush crypto exchange worth billions of dollars could be taken down by what started as a series of barbs on Twitter, fuels the perception that the digital asset industry is led by alpha-males who promote a hyper-masculine culture.

Now that SBF — formerly one of the most renowned CEOs in the business — finds himself facing serious criminal and civil charges, this episode considers what’s at stake for the industry, and whether the culture is likely to change.

Bloomberg’s Vildana Hajric joins Mike Regan for a robust review.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

See omnystudio.com/listener for privacy information.

Episoder(223)

Welcome to Bitcoin Beach

Welcome to Bitcoin Beach

El Salvador’s millennial president Nayib Bukele is no tourist when it comes to Bitcoin. Last year, under his leadership, El Salvador became the first country in the world to approve Bitcoin as a form ...

22 Jun 202218min

Can Crypto Trading Be Addictive?

Can Crypto Trading Be Addictive?

On this episode of Bloomberg Crypto, Bloomberg reporters Claire Ballentine and Charlie Wells join stacy-marie to talk about crypto addiction. There are rehab centers for people seeking treatment for a...

21 Jun 202220min

A Bipartisan Duo Craft a Crypto Bill

A Bipartisan Duo Craft a Crypto Bill

There is a real drive on Capitol Hill to figure out how to define and regulate cryptocurrency and protect consumers. One such effort comes from Democratic Senator Kirsten Gillibrand (NY) and Republica...

17 Jun 202218min

Celsius Casts a Chill

Celsius Casts a Chill

It’s been a wild week for crypto markets. Bloomberg reporters Muyao Shen and Matt Turner join the podcast to discuss what’s happening in the world of digital tokens and crypto-related stocks - and why...

16 Jun 202216min

What’s The Afterlife of a Bitcoin?

What’s The Afterlife of a Bitcoin?

What happens to your crypto after you die? Beyond the existential question of the permanence of the blockchain, the answers here aren’t straightforward. For estate planners, what to do with digital as...

15 Jun 202212min

Bitcoin Miners Flock To Texas

Bitcoin Miners Flock To Texas

Have you ever heard the saying, “Everything’s Bigger in Texas”? That same ethos applies to mining Bitcoin in the Lonestar state. The state of Texas is flush with bitcoin prospectors. The City of Fort ...

14 Jun 202219min

Hacking Crypto Through Social Media

Hacking Crypto Through Social Media

Have you heard the one about the crypto investor who got hacked and lost all their Bitcoin? It’s true - cryptocurrency spam, hacks, and fraud are all on the rise. That means there’s an urgent need to ...

13 Jun 202214min

Cautious Optimism for UK Crypto Investors

Cautious Optimism for UK Crypto Investors

In January 2020, the United Kingdom officially withdrew from the European Union. The fallout from Brexit, as we all came to know it, is still being measured across all industries. Some analysts predic...

10 Jun 202218min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
aftenpodden-usa
i-retten
forklart
stopp-verden
popradet
det-store-bildet
nokon-ma-ga
dine-penger-pengeradet
fotballpodden-2
rss-gukild-johaug
aftenbla-bla
hanna-de-heldige
rss-ness
frokostshowet-pa-p5
e24-podden
rss-dannet-uten-piano
bt-dokumentar-2
rss-penger-polser-og-politikk