EPISODE · Dec 21, 2022 · 27 MIN
The crypto crash was inescapable
from Headlines From The Times · host Gustavo Arellano, Denise Guerra, Kasia Broussalian, Ashlea Brown, David Toledo, Mario Diaz, Mark Nieto, Mike Heflin, Kinsee Morlan, Jazmín Aguilera, Shani O. Hilton, Roberto Reyes, Heba Elorbany, Nicolas Perez, Helen Li
Cryptocurrency started the year strong. But as 2022 ends, what was supposed to be a revolutionary way to buy, save and invest has collapsed. The price of nearly every cryptocurrency has plunged. Multiple businesses built specifically around them have cratered.Now, members of Congress are calling for more stringent regulations around crypto. But would regulations change cryptocurrency so much that it would essentially stop being crypto? Today, the over-talked-about, often under-understood world of crypto. Read the full transcript here.Host: Gustavo ArellanoGuests: L.A. Times reporter Michael HiltzikMore reading:Column: Crypto tycoon Sam Bankman-Fried didn’t lose a $16-billion fortune. His ‘fortune’ was never realColumn: Shame, suicide attempts, ‘financial death’ — the devastating toll of a crypto firm’s failureColumn: Thinking of putting crypto in your 401(k)? Think twice
What this episode covers
The cryptocurrency crash has people talking about regulating and centralizing the notoriously anti-regulation, decentralized industry. But would regulations change cryptocurrency so much that it would essentially stop being crypto?
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The crypto crash was inescapable
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