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

May 24, 2023 • 00:56:06

51: Worldcoin Wants to Scan Your Eyeballs & Give You Crypto in Return: What Could Go Wrong? (w/ Leo Schwartz)

Leo Schwartz, reporter at Fortune, joins Scam Economy with Matt Binder to discuss Worldcoin, the project that wants to scan the eyeballs of everyone...

Episode

September 09, 2022 • 00:49:26

29: Binance and the Mystery of Who is Guangying Chen? (w/ Jacob Silverman)

Journalist Jacob Silverman joins Scam Economy with Matt Binder to discuss one of the biggest mysteries surrounding the world's largest cryptocurrency exchange...who is Guangying...

Episode

March 09, 2023 • 01:01:03

46: No Banking. No Staking. No Crypto Services? (w/ Bennett Tomlin)

Bennett Tomlin of Crypto Critics Corner and Protos joins Scam Economy with Matt Binder to discuss what a horrible years it's already been for...