Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
What Ben McKenzie Learned When He Started Investigating Crypto
When the pandemic struck in 2020, the actor Ben McKenzie (who you might know from The OC and Gotham) had a lot of time on his hands. And like a lot of people, he suddenly got interested in crypto when an old friend of his pushed him to buy some Bitcoin. But unlike a lot of other people, McKenzie didn't rush out to buy it. Instead, he dusted off his old economics degree and decided to learn about how the industry really works. And what he learned shocked him. So he (along with his co-author Jacob Silverman) spent the last few years writing a new book titled Easy Money: Cryptocurrency, Casino Capitalism, and The Golden Age Of Fraud. In an interview conducted live at the Bloomberg Invest summit, McKenzie explains why he thinks the industry is rotten and corrupt and designed in a way to enrich a small group of insiders at the expense of a large, misinformed and desperate public.
See omnystudio.com/listener for privacy information.