9: The Play to Earn Pyramid: Axie Infinity & the Dystopia That Crypto Wants (w/ Ed Zitron)

Scam Economy

Mar 31 2022 | 01:32:39

00:00 / 01:32:39

Show Notes

Play To Earn crypto games are hyped as one of the defining products of web3, according to cryptocurrency and blockchain advocates. But, they are extremely exploitative. Now, after a big hack wreaks havoc over the biggest game in the space, Axie Infinity, resulting in a $625 million loss...what does this say about the dystopian future that crypto wants? Ed Zitron joins Matt Binder on Scam Economy to discuss. Visit ScamEconomy.com . Support the show: http://www.patreon.com/mattbinder

Other Episodes

Episode

March 27, 2023 • 01:12:28

48: Bitcoin Miners Are Making Bank...But Not From Mining Crypto (w/ Jackie Sawicky)

What happens when one of the biggest cryptocurrency mining companies in the world sets up shop in your small rural American town? Jacky Sawicky,...

Episode

January 31, 2022 • 01:56:09

Scam Economy Post Show: Episode #1

It's the Scam Economy post show for episode #1 featuring live call-ins from an artist defending the NFT scene, a former cryptocurrency investor, a...

Episode

September 15, 2022 • 01:13:01

30: The Ethereum Merge is Here. What It Means, Who's Getting Rich & Why It Won't Be You (w/ Bennett Tomlin)

It's finally here...Ethereum Merge Day. Bennett Tomlin of Crypto Critics Corner and Protos.com joins Scam Economy with Matt Binder to break down exactly what...