What's going on guys? This is the hottest crypto podcast here on YouTube.

Crypto's dumping, crypto's crashing.

If you're scared right now, you deserve to be out of the market.

If you're scared right now, this isn't for you.

I love chaos. I thrive in these chaotic environments when the market's dumping.

That being said, though, this dump is like nothing I've seen before.

I'm gonna be real.

Here we go.

Welcome to current affairs.

My name is David Rhodes and I am the editor-chief of Current Affairs magazine.

There's a headline in the New York Times.

This week, cryptocurrencies melt down in a perfect storm of fear and panic.

A steep sell-off that gained momentum.

This week starkly illustrated the risks of the experimental and

unregulated digital currencies. Current Affairs has written about crypto currencies before,

and we count ourselves as skeptics. Someone else who counts himself as a skeptic is Nicholas Weaver.

Our guest today, he is a senior staff researcher focusing on computer security at the International Computer Science Institute in Berkeley, California.

And he has also served as a lecturer in the computer science department at UC Berkeley.

Professor Weaver, thank you so much for joining us.

Thank you very much.

Glad to be here.

So you have a, on YouTube, you have a lecture about cryptocurrencies that I watched,

...