finances lawyers basically said that if you do this, it will ruin the crypto industry,

which is kind of hilarious to me.

You know, it's just like, oh, no, don't stop our fraud.

You'll ruin the fraud industry.

Yeah. Hello and welcome to Tech Won't Save Us.

I'm your host, Paris Marks, and this year is clearly winding down.

You know, it's coming to an end, but one of the biggest stories of the year has been the ongoing crypto crash, as more and more crypto companies and projects have imploded or exploded,

caused, you know, ripple effects across the industry.

The prices of some of these tokens and cryptocurrencies, so to speak,

continue to collapse. The NFT market has dried up. And all of the hype of 2021 in that kind

of central period of the pandemic has been shown to be absolute bullshit. You know, this

notion that we were headed toward this decentralized future that was going to be absolute bullshit. You know, this notion that we were headed toward

this decentralized future that was going to be more empowering

where we were all going to be gaining wealth

has proven to be complete bullshit,

pushed by people at A16 Z and these other crypto companies

that were just looking to profit by selling people

a false bill of goods based on

speculative assets that they could use to pull money from people's pockets, make profits

for themselves, and leave the average person holding the bag at the end of the day. And no

explosion has been more notable, has received more press than the recent scandal involving FTX and its founder

Sam Bankman-Fried. Now, obviously, this is something that began in November, and I could have did

...