On the day of its release, Bloomberg investigative reporter Zeke Faux, joins us to discuss his new book “Number Go Up”. Faux offers an insider's perspective on the rollercoaster ride of the cryptocurrency world, including his presence in SBF's penthouse during the pivotal moments leading up to his arrest.
In 2021, cryptocurrency values skyrocketed, creating overnight billionaires and garnering comparisons to world-changing figures like Steve Jobs. Stablecoins promised a banking revolution, luring commodity traders to establish crypto desks. However, this euphoria begs the question: will history label crypto as the world's greatest financial bubble, driven by low-interest rates and lockdown-induced boredom? We also explore the mysterious realm of stablecoins, particularly Tether, raising concerns about an impending crash.
Zeke Faux is an investigative reporter for Bloomberg Businessweek and BloombergNews. He’s a winner of the Gerald Loeb Award and the American Bar Association’s Silver Gavel Award and a National Magazine Award finalist.