Scam Economy
14: Crypto Bad Ideas: Abortions on the Blockchain!? + Bored Apes Break Ethereum (w/ Molly White)
May 6, 2022
Creator of Web3 is Going Great, developer Molly White joins Scam Economy with Matt Binder to discuss the insanely high Ethereum gas fees from over the weekend where people were being charged thousands in fees for transactions as low as $5, how this was caused by Bored Ape Yacht Club owners Yuga Labs, and shows everything wrong with the Ethereum network (and crypto more broadly.) Also, after the SCOTUS leak showing Roe v. Wade may very well be overturned and abortions could become illegal in certain U.S. states, some crypto users had a brilliant idea: the blockchain can solve this. Molly and Matt discuss why this is in fact not a good idea at all. Check out Molly's website: https://web3isgoinggreat.com. Visit: ScamEconomy.com. Support the show: http://www.patreon.com/mattbinder