9: The Play to Earn Pyramid: Axie Infinity & the Dystopia That Crypto Wants (w/ Ed Zitron)

Play To Earn crypto games are hyped as one of the defining products of web3, according to cryptocurrency and blockchain advocates. But, they are extremely exploitative. Now, after a big hack wreaks havoc over the biggest game in the space, Axie Infinity, resulting in a $625 million loss...what does this say about the dystopian future that crypto wants? Ed Zitron joins Matt Binder on Scam Economy to discuss. Visit ScamEconomy.com . Support the show: http://www.patreon.com/mattbinder