Pitchfork Economics with Nick Hanauer28 Apr

Crypto, Cryptocurrency Scams, and the Illusion of Easy Money (with Ben McKenzie)

Crypto is back—new hype cycles, rising prices, and fresh promises that this time cryptocurrency is changing the financial system for good. But the questions haven’t changed: is this innovation or just another wave of speculation, scams, and financial fraud? That’s why we’re revisiting this conversation with actor and author Ben McKenzie—whose bestselling book Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud and new documentary, Everyone is Lying to You For Money are once again fueling the debate over crypto’s real impact. What started as curiosity became a deeper look at how the crypto boom blurred the line between investing and gambling—and what that reveals about an economy increasingly driven by speculation instead of real value. McKenzie joins Nick and Goldy to pull back the curtain on the hype, the believers, and the system that made it all possible. Ben McKenzie is an actor, author, and director best known for his roles on The O.C., Southland, and Gotham. A graduate of the University of Virginia with a degree in economics and foreign affairs, he has emerged as a leading critic of the cryptocurrency industry. He is the co-author, with journalist Jacob Silverman, of Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud, and has expanded that work into a documentary, Everyone is Lying to You For Money , examining the rise—and risks—of crypto. Social Media: @benmckenzie.bsky.social mrbenmckenzie @ben_mckenzie Further reading: Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud When Prophecy Fails Mistakes Were Made (but Not By Me) ⁠Everyone is Lying to You For Money New York Magazine: Congress Just Injected Crypto Directly Into the Most Stable Part of the Economy. What could go wrong? Website: http://pitchforkeconomics.com Facebook: Pitchfork Economics Podcast Bluesky: @pitchforkeconomics.bsky.social Instagram: @pitchforkeconomics Threads: pitchforkeconomics TikTok: @pitchfork_econ YouTube: @pitchforkeconomics LinkedIn: Pitchfork Economics Twitter: @PitchforkEcon, @NickHanauer Substack: ⁠The Pitch⁠

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19 Maj 34min