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

February 09, 2023 • 01:26:03

45: Crypto Conspicuously Absent From This Year's Super Bowl. Wonder What Happened? (w/ Brandon Sutton)

One year after the Crypto Bowl, which saw many crypto companies spend big money to advertise during the Super Bowl...crypto is totally absent from...

Episode

June 17, 2022 • 01:09:53

19: Crypto Jenga Tower Collapse: Celsius & the Crypto Time Bombs (w/ David Gerard & Amy Castor)

Crypto critics David Gerard & Amy Castor join Matt Binder on Scam Economy to talk about the "Jenga stack of interconnected time bombs" that...

Episode

May 20, 2022 • 00:56:15

16: How Wikipedia Cancelled Crypto (w/ Molly White)

Longtime Wikipedia editor and Web3 is Going Great creator Molly White joins Matt Binder on Scam Economy to discuss why Wikipedia stopped taking cryptocurrency...