Download This Show is your weekly guide to the world of media, culture, and technology. From social media to gadgets, streaming services to privacy issues. Each week Rae Johnston and guests take a fun, deep dive into how technology is reshaping our lives.
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15: Terra, Luna, & The Crypto Crash: Everything You Need to Know (w/ Bennett Tomlin of Crypto Critics' Corner)
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Manage episode 455163531 series 3309319
Content provided by [email protected] (Matt Binder) and Matt Binder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] (Matt Binder) and Matt Binder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
EMERGENCY POD! The crypto market is in a free fall. What is happening?! Bennett Tomlin of Crypto Critics' Corner joins Scam Economy with Matt Binder to break down what stablecoin Terra (UST) is, why it lost its peg and what that means, how its sister coin Luna factors in to all this, and how this all led to one of the biggest crashes across the entire cryptocurrency market – one that has Bitcoin at its lowest value in nearly a year and a half. Bennett and Matt also discuss the coins' parent company, Terraform and its eclectic founder Do Kwon, what an "algorithmic stablecoin" is, and how the whole thing is a ponzi. If that wasn't enough, the two also take a look at some of the conspiracies such as Blackrock and Citadel "attacking" Terra and how a Major League Baseball team was sharing Terra marketing videos as the whole thing came tumbling down. Support the show: http://www.patreon.com/mattbinder
…
continue reading
133 episodes
MP3•Episode home
Manage episode 455163531 series 3309319
Content provided by [email protected] (Matt Binder) and Matt Binder. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] (Matt Binder) and Matt Binder or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
EMERGENCY POD! The crypto market is in a free fall. What is happening?! Bennett Tomlin of Crypto Critics' Corner joins Scam Economy with Matt Binder to break down what stablecoin Terra (UST) is, why it lost its peg and what that means, how its sister coin Luna factors in to all this, and how this all led to one of the biggest crashes across the entire cryptocurrency market – one that has Bitcoin at its lowest value in nearly a year and a half. Bennett and Matt also discuss the coins' parent company, Terraform and its eclectic founder Do Kwon, what an "algorithmic stablecoin" is, and how the whole thing is a ponzi. If that wasn't enough, the two also take a look at some of the conspiracies such as Blackrock and Citadel "attacking" Terra and how a Major League Baseball team was sharing Terra marketing videos as the whole thing came tumbling down. Support the show: http://www.patreon.com/mattbinder
…
continue reading
133 episodes
All episodes
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