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What Problems Does Crypto Solve, Anyway?
Podcast

What Problems Does Crypto Solve, Anyway?



Editorial Rating

9

Recommendation

Blockchain, cryptocurrencies, NFTs. If these are just beginning to sound like meaningless, hype-crazed buzzwords to you, you’re not alone. Most people, on meeting a crypto enthusiast at a party, will let their eyes glaze over as they reach for another drink. Another tech-inspired flash in the pan? But in this episode of the Freakonomics Radio podcast, you can listen in as experts – both crypto boosters and crypto detractors – discuss the potential of blockchain and the reasons it may not reach that potential. 

Take-Aways

  • Regulators are unsure how to handle digital currencies.
  • Historically, the US government has taken a conservative approach to tech regulation to avoid stifling innovation.
  • Blockchain technology has potential for financial decentralization, which would remove middlemen, help people keep more of their money, and reduce friction.

About the Podcast

Stephen J. Dubner is a journalist, podcast and radio host, and the co-author of the Freakonomics book series.


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