Resisting the Taliban with a needle and thread
Amanpour
00:00
Cryptocurrencies - What Happened Last Week?
What happened last week is, i think, a classic example of masts gone wrong. There was a specific kind of token called the complicated name algarithmic stable coin. When that broke when that all broke down, other parts of the market got spooked. And that triggered a real sell off in what you could consider to be completely unrelated other part of the market. That had a real impact on how folks felt about crypto overall.
Play episode from 42:19
Transcript
