Crypto is Collapsing (For Now)

<p>Some days I think that maybe we’re not all gonna make it. It’s been a <a href="https://www.reuters.com/business/finance/cryptoverse-buying-dip-bitcoins-rates-rookie-2022-05-10/" rel="noopener noreferrer" target="_blank">bad week</a> for cryptocurrency and, as of this recording, it’s only Tuesday. Bitcoin is down. Ethereum down. Stablecoin seems not so stable. The NFT market is on fire. There’s <a href="https://www.vice.com/en/article/g5qa9y/el-salvadors-president-unveils-golden-bitcoin-city-amid-brutal-crash" rel="noopener noreferrer" target="_blank">copium all around</a>, panicked posters, and soothing souls advising everyone to buy the dip.</p><br><p>But won’t that just exacerbate the problem? Won’t that just delay what people outside the crypto space have been waiting to see happen: the great crypto crash.</p><br><p>On this episode of Cyber, Motherboard Managing Editor Jordan Perason is here to answer all our burning crypto questions.</p><br><p><strong>We’re recording CYBER live on Twitch. Watch live during the week.</strong><a href="https://www.twitch.tv/motherboardtv/" rel="noopener noreferrer" target="_blank"><strong> Follow us</strong></a><strong> there to get alerts when we go live. We take questions from the audience and yours might just end up on the show.</strong></p><br><p><strong>Subscribe to</strong><a href="https://itunes.apple.com/us/podcast/cyber/id1441708044?mt=2" rel="noopener noreferrer" target="_blank"><strong> CYBER on Apple Podcasts</strong></a><strong> or wherever you listen to your podcasts.</strong></p><br /><hr><p style='color:grey; font-size:0.75em;'> See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>