Planet Money - A 12-year-old girl takes on the video game industry (UPDATE)
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The most valuable crypto stories for Wednesday, May 11, 2022.
On today's episode of "The Hash," our panel of experts tackles the hot topics of the day. UST and Luna continue to be in turmoil, and now ex-Terra colleagues are saying that Terraform Labs CEO Do Kwon was also behind the failure of another algorithmic stablecoin. Coinbase shares are sinking after its first-quarter earnings report and outlook. We'll have all the latest on these stories and more.
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Consensus 2022, the industry’s most influential event, is happening June 9-12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Visit coindesk.com/consensus2022 to get your pass today.
This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz Our theme song is “Neon Beach.”
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Is Wall Street starting to take a breath before reacting to earnings reports? (0:20) Tim Beyers discusses: - Roblox shares rising despite (on the surface) a disappointing Q1 report - Developer exchange fees - Why The Trade Desk is a company in transition
(15:23) Asit Sharma and Bill Mann take a closer look at Fiverr International, an online marketplace for freelance services.
Stocks discussed: RBLX, TTD, FVRR
Host: Chris Hill Guests: Tim Beyers, Asit Sharma, Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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Saifedean Ammous is an Austrian economist and author of The Bitcoin Standard and The Fiat Standard. Please support this podcast by checking out our sponsors:
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EPISODE LINKS:
Saifedean’s Twitter: https://twitter.com/saifedean
Saifedean’s Website: https://saifedean.com
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Books & resources mentioned:
The Fiat Standard (book): https://amzn.to/3FmNfsy
The Bitcoin Standard (book): https://amzn.to/3LRrcwA
The Blocksize War (book): https://amzn.to/3LORQ9o
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Human Action (book): https://amzn.to/3w9LzP4
PODCAST INFO:
Podcast website: https://lexfridman.com/podcast
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OUTLINE:
Here’s the timestamps for the episode. On some podcast players you should be able to click the timestamp to jump to that time.
(00:00) – Introduction
(07:53) – Money
(20:58) – Gold standard
(34:09) – Collective hallucination
(39:59) – Austrian vs Keynesian economics
(1:12:20) – Free market
(1:28:49) – Monarchy
(1:34:23) – Fiat money
(2:21:13) – SWIFT system
(2:34:03) – Bitcoin
(2:40:20) – Satoshi Nakamoto
(2:48:04) – Criticisms of Bitcoin
(3:03:16) – Football/soccer
(3:06:58) – Criticisms of Bitcoin continued
(3:17:17) – Bitcoin Maximalism
(3:29:40) – Proof of stake
(3:46:46) – Central bank digital currency
(3:57:59) – Michael Malice
(4:00:12) – Advice for young people
(4:06:21) – Palestine
(4:18:00) – Mortality
You may not have heard of Love Canal, but it remains one of the most disturbing environmental tragedies (and cover-ups) in US history. In today's episode, Ben, Matt and Noel dive into a real-life conspiracy that fundamentally changed how the country approaches the consequences of pollution. Tune in to learn how the Love Canal tragedy is partly true crime, partly parable, and partly a harbinger of future tragedies... possibly coming to a town near you.
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