Crypto Explained, In Plain English

32m ·

Crypto Explained, In Plain English

If all the news lately about cryptocurrencies–and the fall of Sam Bankman-Fried and his FTX exchange–have left you wishing you had a better handle on the maddeningly complex world of crypto, we’re with you. So we asked Bloomberg Opinion columnist Matt Levine to join Wes this episode to answer: What exactly is crypto, both in theory and reality?

(In case you missed it, Matt wrote a cover-to-cover story for Bloomberg Businessweek on the subject. So he seemed like a good person to ask.)

Matt explains how crypto works and what gives it value. He looks at why once-soaring cryptocurrencies have now plummeted into an extended “crypto winter.” And he assesses the FTX fallout — and what it means for the fate of crypto when billions of dollars of customer money go missing.

Learn more here: https://bloom.bg/3GjHFs6

Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK 

Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.

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  • Jasmin

    Great episode loved 12:30 the most good interview

    ·3 likes·
    Mario

    Insightful and timely. Heartfelt words of personal and intuitive wisdom. Matt speaks directly from his heart about life wisdom’s coming from experience and deep thought. I love it. Victoria Mcknight

    4 months ago·6 likes·
    Kimberly

    The part where he mentions that he wants to be adopted by a more functional family even at 45 yrs really hits home. Really delineates how no matter how old and independent you are, you still need love and support.

    4 months ago·2 likes·
  • Jasmin

    Insightful and timely. Heartfelt words of personal and intuitive wisdom. Matt speaks directly from his heart about life wisdom’s coming from experience and deep thought. I love it. Victoria Mcknight

    ·1 like·
    Markus

    the intro is way to long but good episode still skip till 5:30

    4 months ago·2 likes·
  • Moriss

    Good stuff keep it up

    ·10 likes·
    laurin

    Andrew, you're the man! Nobody else provides this content to the extent you do. Thank you!

    4 months ago·6 likes·
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