If you watched the Super Bowl this year, it was hard not to notice that cryptocurrency had fully arrived. Even Larry David was hawking crypto.
But over the past several weeks, the crypto markets, like other markets, have been melting down. Some coins have completely imploded. Some crypto banks have shut their digital doors, refusing to give customers access to their money. And companies like Coinbase are laying off workers. Crypto winter has arrived.
Today: a debate. Is crypto really the future of money? And is this blip just a normal hiccup in an otherwise exciting, transformational technological advancement? Or was crypto always more hype than reality?
Anthony Pompliano is a crypto believer. He’s an entrepreneur and investor and a former lead at Facebook. He's also the host of the Pomp podcast and the writer of a crypto newsletter called Off the Chain.
Michael Green is a major crypto skeptic. He has been an investor for more than 30 years. He recently joined Simplify, where he's introducing new innovations in ETFs. He's previously, among other jobs, been at Thiel Macro, where he managed the personal capital of Peter Thiel.