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Slate Technology

What Next TBD: Is This The Cryptocalypse?

Slate Technology

Slate

Society & Culture, Technology, History

4.6636 Ratings

🗓️ 13 November 2022

⏱️ 31 minutes

🧾️ Download transcript

Summary

The (once) second-largest cryptocurrency exchange, FTX, collapsed in stunning fashion this week, highlighting why consumers really do want regulation, and why old financial institutions remain wary of crypto.   Guest: Felix Salmon, host of Slate Money, chief financial correspondent for Axios. Host: Lizzie O’Leary   If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get benefits like zero ads on any Slate podcast, bonus episodes of shows like Slow Burn and Dear Prudence—and you’ll be supporting the work we do here on What Next TBD. Sign up now at slate.com/whatnextplus to help support our work. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I made you think you was real.

0:02.0

My name is Caden Sinclair.

0:04.0

Some people call us American royalty.

0:06.0

We were Liars.

0:08.0

A new series on Prime Video.

0:10.0

We were happy. We wanted for nothing.

0:12.0

Based on the best-selling novel.

0:15.0

Something terrible happened last summer,

0:17.0

and I have no memory of what or who hurt me.

0:20.0

No one in my family will tell me. When you're

0:23.0

left for dead, you want answers. We will liars. New series, watch now, only on Prime Video. Two quick notes

0:30.8

before we get started today. Number one, this is a developing story and things are moving quickly.

0:36.3

And number two, there is quite a bit of salty language in this episode.

0:40.5

So it's probably not appropriate for kids.

0:43.4

Okay, here is the show.

0:52.2

Admittedly, my first question for Slate Money host and Axios correspondent Felix Salmon was a little sweary.

0:58.9

Okay, maybe a lot sweary.

1:01.6

When was the last time you saw a CEO tweet the words, I fucked up?

1:07.4

Before this week.

1:08.7

Off of the top of my head, no.

1:11.9

I don't remember ever seeing that before.

1:13.9

I mean, in this case, one who tweeted, I fucked up twice.

...

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