Key Insights & Memorable Quotes
The most popular highlights from Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud, saved by readers on Screvi.
“Cryptocurrency, which was supposedly created as a solution to the myriad failures of our regulated financial system laid bare during the subprime crisis, had effectively reproduced and even amplified the same dynamics, leading to a similar implosion. Thankfully for the broader public, it had all happened on a smaller scale and the real banks were not involved (despite the crypto industry’s efforts to the contrary). But once again, it was regular people who were left holding the bag.”
“When enough members of a society no longer trust each other or the government that purportedly represents their interests, its economy and its currency, which similarly depend on trust, may be soon to follow.”
“Our reporting from El Salvador would not have been possible without the assistance of fellow journalist Nelson Rauda. I cannot wait to see what you do next, Nelson.”
“Life's a gamble and nobody knows the odds.”
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