Crypto Crash, Part II: A Debate About the Future of Web3
Plain English with Derek Thompson
The Ringer
4.7 • 2.1K Ratings
🗓️ 26 July 2022
⏱️ 54 minutes
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| 0:00.0 | What's up everybody? Are you tuning in to the Challenge USA on CBS? |
| 0:04.2 | Well tune in to me, Tyson Apostle, as I break down each and every episode with my co-host, |
| 0:10.2 | Amelia Wedamire. I'm also a contestant on the show, which gives you all the insider scoop. |
| 0:15.2 | Amelia, how stoked are you to do this? Tyson, I'm freaking excited. I cannot wait to |
| 0:19.9 | sit my butt down every single week to watch the show, then come here and recap it with you on |
| 0:25.2 | The Ringer Reality TV Podcast. |
| 0:56.0 | When you can't quite get the angle, take hands free selfies with the Samsung Galaxy Z Flip 5, |
| 1:06.1 | stand it up, step back, and your photos are also synced to your Chromebook, ready to edit, |
| 1:11.8 | the new Samsung Galaxy Z Flip 5 and Chromebook available on Vodafone. |
| 1:16.7 | Today is the second half of our special two-parter on the state of crypto. |
| 1:21.0 | In Monday's episode, with the financial journalist turned venture capitalist, |
| 1:26.4 | Molly Wood, we discussed the up and down saga of Web 3, and that's a good place to start if you |
| 1:31.6 | are flummoxed by all things crypto. And it settles on the idea that even if you think blockchain |
| 1:35.8 | technology is interesting, and even if you're desperate for someone to build a better internet, |
| 1:40.6 | there is a strong case to be made that crypto's promises got wildly out of line with its actual |
| 1:47.8 | use cases. In the last few weeks, use cases have become a popular trope in the crypto debate. |
| 1:56.0 | Crypto has tens of thousands of people working with dozens of billions of dollars on new technology. |
| 2:01.6 | And I think it's fair to ask, what have they built that is better than the status quo? |
| 2:08.2 | What, as Monty Python might ask, has blockchain ever done for us? |
| 2:13.2 | Today's guest is Paki McCormick. Paki is the author of the Not Boring Newsletter, |
| 2:19.8 | which is a great read. He's a popular Web 3 writer who's not afraid of sparring with skeptics |
| 2:25.2 | about this space, and he's been particularly active taking on the question of crypto's use cases. |
... |
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