Monday Jun 19, 2023
The group wraps up our journey through the internet with a long, long discussion about the gold standard, grifts, crypto, and AI. Shark and Rachel align themselves with the Machines, while Aaron yells at clouds.
Music by Daniel Griggs
Reading list:
On Mt. Gox: https://www.wired.com/2014/03/bitcoin-exchange/
“Could gold be the next Libor scandal?”
What Drives Gold Prices?, Federal Reserve
The Bank War, history.com
Is Gold an Inflation Hedge?, Forbes
Wizard of Oz and the Gold Standard, Marianne Hayes
Ron Paul and Steve Forbes Jack Each Other Off About Gold
A year on, El Salvador's bitcoin experiment is stumbling
The New York Couple Behind El Salvador’s Bitcoin Experiment
The Electricity Costs of Bitcoin, CNET
Proof of Stake, Proof of Work
No, Bitcoin isn't pumping because it's a "safe haven" from banks
Dunning-Kruger Effect
Dunning-Kruger Isn't Real, Psychology Today
A Crypto Game Promised to Lift Filipinos Out of Poverty. Here's What Happened Instead, Time
Exclusive: Large bitcoin payments to right-wing activists a month before Capitol riot linked to foreign account, Yahoo News
The Enshittification of TikTok