176,364 views | Laura Shin • TED Membership
Demystifying the wild world of crypto
Is crypto truly the next big thing, or is it just a money-sucking flash in the pan? In a wide-ranging interview, journalist Laura Shin explains what crypto is (and what it definitely isn't), taking us through the most recent turns in its constantly evolving story -- including the recent meltdown caused by the bankruptcy of FTX. (This conversation, hosted by TED tech curator Simone Ross, was part of an exclusive TED Membership event on November 30, 2022. Visit ted.com/membership to become a TED Member.)
Open a crypto wallet: Learn how crypto works. Open a wallet, put in an amount of money you're willing to lose and educate yourself by doing. Try making a payment, exchanging for another crypto, minting an NFT, buying or selling an NFT, voting in a decentralized autonomous organization (DAO) or participating in decentralized finance (DeFi) by using a decentralized exchange or a decentralized borrowing and lending protocol.