32: GiveCrypto and the Real Goal of "Crypto Charity" (w/ Leo Schwartz)

Scam Economy

Sep 29 2022 | 01:04:51

00:00 / 01:04:51

Show Notes

Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss his report on GiveCrypto, a crypto charity set up by the crypto exchange Coinbase, the broader realm of crypto philanthropy and the ulterior motives behind it, how GiveCrypto took advantage of its "ambassadors" around the world, how little the charity was able to help and why that is, why even some crypto advocates think crypto donations are a bad idea, and much more. Check out Leo's piece in Fortune on GiveCrypto: https://fortune.com/crypto/2022/09/20/coinbases-1b-crypto-philanthropy-disappointment/ Visit: http://www.ScamEconomy.com Support the show: http://www.patreon.com/mattbinder

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