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21 Dec 2022

Scams, Zealots, and Jet Skis: Life Inside the Crypto Scene

Scams, Zealots, and Jet Skis: Life Inside the Crypto SceneCryptocurrencies, NFT’s, and blockchain have attracted a lot of attention in the last few years. Bitcoin evangelists say it’s the way of the future; that it will replace central banks and become the world’s currency, divorced from corrupt politicians and hegemonic monetary policies. Sceptics say it’s a ponzi scheme akin to tulip mania and is destined to fail. Even with the volatility of the currencies, crypto becomes mainstream every year. Legacy banks now consider it a currency of interest, El Salvador made Bitcoin a national currency, and many more common folks beyond the fratty bro scene have started to use it practically. VICE Producer Zeke Spector has been investing in Crypto, mostly unsuccessfully, since 2017, when he put the remaining $198 he raised for his college thesis

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