Bloomberg Businessweek US Magazine - October 31, 2022
Bloomberg Businessweek US Magazine - October 31, 2022
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In this issue
The Crypto Story
Your guide to where it came from, what it all means, and why it still matters.
By Matt Levine
Ledgers, Bitcoin, Blockchains
Much of your life is recorded on a ledger kept by an institution you have to trust: your bank, your broker, your government. In 2008, a new form of digital currency changed how people think about trust.
10+ mins
II What Does It Mean?
Bitcoin was a genuine technological accomplishment. But it's not even close to the whole story. There's much more to understand: Ethereum, yes, and web3, sure. And expensive pictures of monkeys.
10+ mins
Il The Crypto Financial system
But for now, I want to set this objection to the side. If you’re a certain sort of financial person—a financial engineer, an arbitrageur, a market-structure enthusiast, a builder of high-frequency trading systems—this abstract set of facts is incredibly, incredibly beautiful.
10+ mins
IV Trust, Money, Community
Where does crypto go from here? Read this part when you're ready to find out. In the meantime, ponder those words: trust, money, and community. Also, Ponzi.
10+ mins
Bloomberg Businessweek US Magazine Description:
Publisher: Bloomberg LP
Category: Business
Language: English
Frequency: Fortnightly
Bloomberg Businessweek delivers the business information you need: surprising and timely perspectives on the most important issues of today and unique stories you won’t find anywhere else. With Bloomberg Businessweek you'll have the insights you need to take advantage of the new reality and thrive in today's complex global economy.
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