The Fascinating Inside Story When Amazon Decided that Crypto Was Bull#$%&
Episode description
2022 was the year of the crypto crash, when hundreds of billions of dollars in investor savings suddenly evaporated. For years, cryptocurrencies, NFTs and the technology they are built on have been sold by true believers as game-changers that will revolutionize the world and solve everything from banking to health care to law. Those evangelists still believe. But the question many of have been wondering is: is this all bullshit? A few years back, that exact question was on actually on the mind of one of the most powerful business leaders on earth. In 2016 Andy Jassy, then the CEO of Amazon Web Services, now CEO of all of Amazon, approached our guest, and asked him to answer it. As for what happened next, that’s what Tim Bray is here to tell us all about.