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

(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

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We Can’t Talk About Tech Without Talking About Resources w/ Thea Riofrancos

We Can’t Talk About Tech Without Talking About Resources w/ Thea Riofrancos

Paris Marx is joined by Thea Riofrancos to discuss why we should care about the supply chains of technology, what that resource extraction means for people in Latin America, and how we should think ab...

27 Aug 202052min

How Tech Journalism Legitimized the Gig Economy w/ Sam Harnett

How Tech Journalism Legitimized the Gig Economy w/ Sam Harnett

Paris Marx is joined by Sam Harnett to talk about how the flaws in tech journalism provide a distorted view of what “tech” companies are actually doing and why it looks like California will finally fo...

20 Aug 202037min

What the History of TV Can Teach Us About Netflix w/ Tom Evens

What the History of TV Can Teach Us About Netflix w/ Tom Evens

Paris Marx is joined by Tom Evens to discuss how the history of the television industry can give us important insights into the state of streaming video services and how regulators might respond to en...

13 Aug 202036min

How to Defeat an Apple Store w/ Tania Davidge

How to Defeat an Apple Store w/ Tania Davidge

Paris Marx is joined by Tania Davidge to discuss the campaign to stop Apple from building a store in the middle of Melbourne’s Federation Square and how the company’s vision of a town square differs f...

6 Aug 202033min

The Boring Company is a Complete Joke w/ Alissa Walker

The Boring Company is a Complete Joke w/ Alissa Walker

Paris Marx is joined by Alissa Walker to discuss how Elon Musk’s Boring Company transportation system has changed over the past few years, what his plans in Las Vegas mean for workers and transit user...

30 Juli 202038min

Space Mining Brings Capitalism to the Cosmos w/ Julie Michelle Klinger

Space Mining Brings Capitalism to the Cosmos w/ Julie Michelle Klinger

Paris Marx is joined by Julie Michelle Klinger to discuss the myths around rare earth elements and how they’re fueling a movement to enclose and mine space. But a better, more collaborative future tha...

23 Juli 202039min

The Global South Holds a Better Future of Tech w/ Juan Ortiz Freuler

The Global South Holds a Better Future of Tech w/ Juan Ortiz Freuler

Paris Marx is joined by Juan Ortiz Freuler to discuss the recent global negotiations on the taxation of multinational corporations, how Africa is demanding the digital labor of its citizens be account...

16 Juli 202042min

Smart Tech Is Designed For Control w/ Jathan Sadowski

Smart Tech Is Designed For Control w/ Jathan Sadowski

Paris Marx is joined by Jathan Sadowski to discuss the politics of smart technology, how it enables powerful actors to further control the population, and why we should be more comfortable dismantling...

9 Juli 202041min

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