Culling the Crypto Herd
Crypto asset prices have been crushed. Crypto based companies, like Coinbase, are being hurt in the process. Is the crash in crypto prices a result of bad companies and bad technologies? Or, was crypto a victim of a frothy market where desperate alpha seekers unfairly bid up prices beyond what was reasonable? Tom and Dylan discuss this, the Fed’s interest rate increase, and more on this week’s podcast.