“S--tcoin” from Shinola: Vanity Fair’s Nick Bilton Explains Cryptocurrencies

Inside the Hive

Vanity Fair

News

4.2 • 1.5K Ratings

🗓️ 2 July 2021

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week, Vanity Fair special correspondent Nick Bilton returns to Inside the Hive to help cohost Joe Hagan (finally) understand what cryptocurrencies are — how they came to be, how they work, and where they’re headed. From Bitcoin to Ethereum, from Elon Musk’s favored Dogecoin to the dreaded “shitcoin," Bilton, who has covered technology for over a decade, links cryptocurrencies to the evolution of an Internet culture driven by speculators, conspiracists and opportunists — and then answers the $33,000 question (the current price of Bitcoin): Should we actually invest in these things? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hi there, it's Molly Jongfast, Special Correspondent for Vanity Fair.
0:05.0	We're currently conducting a survey of our audience and want to hear from you as a listener
0:09.8	of Vanity Fair's podcasts.
0:11.7	This is one of the best ways for us to learn about what you value as a listener and a chance
0:17.0	for you to help shape the future of our shows.
0:19.9	As a token of our appreciation, you'll be eligible to enter a prize drawing up to $1,000
0:26.7	after you complete the survey.
0:28.5	You can find a link to the survey in our episode notes.
0:33.1	Welcome back to Inside the Hive.
0:42.0	I'm here with Drumroll, your former host, Nick built in the OG, the OG Hiver.
0:51.2	How's it going?
0:52.2	Great, I love summers, my favorite season, so I'm happy to be in it.
0:55.7	Oh, I hate summer.
0:57.8	Well, you're in LA, so it's like perpetual summer, and so you don't care, really, I mean.
1:02.3	Yeah, it's like from England though.
1:04.3	I'm from England, that's correct, and I love the rain and the cold.
1:07.7	I was thinking about this morning, I woke up this morning, my kid woke me up at 630, and
1:13.7	it was like, I looked at my watch, and I was like, oh my god, it's already 80, something
1:17.7	degrees out, and I was like, I miss England.
1:20.8	I should go back to England, but then I wouldn't be able to do podcasts and fun stuff
1:25.5	like that.
1:26.5	Well, you would do it, but just with an accent.
	...

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