The cult of crypto: How $2 trillion went up in flames
The Story
The Times
3.9 • 1.6K Ratings
🗓️ 25 August 2022
⏱️ 37 minutes
🧾️ Download transcript
Summary
It promised a financial revolution - a liberation from money middlemen. But then the $3 trillion industry of cryptocurrency lost two thirds of its value in six months. So was it all a cult of personality? Or is the revolution still to come?
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Guest: Danny Fortson, West Coast Correspondent, The Sunday Times.
Host: Manveen Rana.
Clips: CNN, BBC News, CNBC, Danny in the Valley, CoinDesk, CBS, Crypto Mason, CryptoJack, Blake O'Neal.
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Transcript
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| 0:00.0 | When you own a small business, busy is music to your ears. |
| 0:06.0 | Busy means you're hopefully driving lots of... |
| 0:08.0 | But what if with every American Express was busy too? |
| 0:12.0 | Helping you promote your business? |
| 0:14.0 | Or bringing in new customers who spend a little more? |
| 0:16.0 | What if they also gave your customers rewards when they spend with you? |
| 0:20.0 | Yep, you'd get even more... |
| 0:22.0 | Busy is good for business. |
| 0:24.0 | We'll be with you on that. |
| 0:26.0 | Such accept amics today. |
| 0:28.0 | Roman acquired 18-plus season's supply. |
| 0:30.0 | As Helen opened her Amazon parcel, |
| 0:33.0 | her stomach filled with butterflies, rapid air technology, |
| 0:37.0 | and a grill mode feature, |
| 0:39.0 | this air-fryer tickled Helen's taste buds for a price lower than she'd ever imagined. |
| 0:43.0 | Five stars from Helen. |
| 0:45.0 | Find star-rated products at star prices. |
| 0:48.0 | Start your search on Amazon today. |
| 0:56.0 | Crypto winter is upon us. |
| 1:04.0 | Prices are falling Celsius, |
| 1:06.0 | which build itself as a crypto bank, |
| 1:08.0 | has frozen its users' access to their funds. |
... |
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