In this episode of Weird Finance, Paco talks to Molly White about how she became one of the most vocal critics of web3, crypto decentralized finance, and web3, the limitations and false promises of these technologies, the parallels between the current AI hype and the previous crypto hype and how cannot be divorced from its societal impacts.

Molly White (@molly0xFFF) is a software engineer, writer, and critic of the cryptocurrency industry. She founded and maintains the website Web3 is Going Just Great, which highlights examples of how cryptocurrency and web3 projects are failing to live up to their promises. She also frequently writes about the cryptocurrency industry and about issues in the broader technology world in her popular newsletter. She is a fellow at the Harvard Library Innovation Lab, and an affiliate of the Berkman Klein Center for Internet & Society.

A special thanks to the talented and generous Ramsey Yount for producing, editing, and sound designing this episode. 

Thank you to Ramsey Yount and Jess Rona for lending your voices for our special PSA. 

This episode also features a segment called Stock Watch with Amanda Holden (@dumpster.doggy). In this segment, we’ll follow a stock-picking competition between a dog named Henry, a cat named Hugo, and a human baby. If you’d like to learn more about investing from Amanda, sign up for her online course, Invested Development.

The theme music was written and performed by Andrew Parker, Jenna Parker, and Paco de Leon.

Stay in touch and sign up for Paco’s weekly email newsletter, The Nerdletter. If you’d like to contact us about the show or ask Paco a question about finances, call our hotline at 833-ASK-PACO or email us at weirdfinancepod (at) gmail.com

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