“And that ad is not an argument for why crypto works. It’s not an argument for what it does or what problems it can solve. It’s just financial FOMO.”
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New York Times journalist Ezra Klein, arguing the
FTX Super Bowl ad was designed to attract dumb money. In it, misanthropic comedian Larry David dismisses world-changing inventions—the wheel, the light bulb, the dishwasher—through the ages, and repeats the mistake by writing off cryptocurrencies.