- Interview by
- Daniel Denvir
Are you sick of listening to about cryptocurrency but? Don’t fear, we’re too. However it’s necessary to set the report straight about what precisely crypto does and doesn’t do, given the infinite stream of overblown claims about its liberating energy — and the immense quantities of cash concerned. Strip away the hype, and it’s clear that crypto is simply one other speculative asset which means large income for a number of and ache for the various.
In a current interview on The Dig, a Jacobin Radio podcast, host Daniel Denvir spoke with Edward Ongweso Jr, a tech reporter at Vice Motherboard and a cohost of the podcast This Machine Kills, and Jacob Silverman, a workers author on the New Republic. Collectively, they reply the query of why cryptocurrency holds a lot attraction regardless of its crassly profiteering nature. The transcript has been edited for size and readability. Hearken to the total interview right here.