Crypto Convulsions, Digital Delusions, and the Inexorable Logic of Finance Capitalism
Ramaa Vasudevan · Monthly Review · 2022
The crypto winter, Ramaa Vasudevan writes, is here. Cryptocurrency, far from being a democratizing force in finance, has led to only further concentrations of wealth and power and increased precarity within the financial sector. The recent fall of Sam Bankman-Fried is only the beginning.