In the wake of the revelations about the FTX debacle, Leo LaPorte goes on a justified tear against crypto currency.
Economist Paul Krugman, who sees crypto as a financial hideout for criminals, had some choice words recently.
But if the government finally moves in to regulate crypto firms, which would, among other things, prevent them from promising impossible-to-deliver returns, it’s hard to see what advantage these firms would have over ordinary banks.
https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html
Speaking of Leo, this next video will start with a bit of Santa twin Scott Wilkinson, the Home Theater Geek, who I have followed for some years. After Scott, Leo has a caller. Keep listening until you realize who it is, or you reach the reveal.