Piano Lessons: Musk’s social media, CFTC Bitcoin price speculation, and crypto insolvencies

In this episode of Piano Lessons, Phil and Marc discuss Meta vs Apple’s tactics on digital asset integration, Musk’s texts around a blockchain-based social network, price speculation from a US regulator, and why there has been a lull in litigation and insolvencies in the space.

Key takeaways:

• Elon Musk’s quest to integrate social media and web3 pose some intricate challenges around free speech and data privacy.
• Crypto was created as a response to systemic issues plaguing traditional finance. If the play is to cater to eventual institutional dominance, what’s the point of the tech?
• Digital assets are part of a diverse sector. Certain players will be affected by market irregularities, while others will thrive.