Crypto Is Making Everything Worse
There’s lots of breathless chatter out there about how cryptocurrency will reshape the world. But the truth about crypto is simple: capitalists are using it to get rich and screw the rest of us.
2 Articles by: Edward Ongweso Jr
Edward Ongweso Jr is a labor and technology reporter at Motherboard and host of the This Machine Kills podcast.
The Gamestop Affair Is Just the Latest Incarnation of the “People’s Capitalism” Delusion
The Robinhood trading app is an attempt to commercialize a powerful but thoroughly fictional myth: that finance can be democratized while ownership and control remain in the hands of powerful capitalists.