Max is right about the "big crypto thing" because you apply a similar heuristic to what happened in the streaming industry. Since Netflix peaked and reported declining membership, the downturn battered its competitors, too.
The Time Warner Discovery integration is like the Elon Musk era of Twitter for broadcast. Massive layoffs, project cancellations and unit consolidations that are creating a lot of bad blood. NBC is also finding Peacock to be a financial pain. Similarly, several planned streaming-only projects have been shelved.
It's not unfair to say FTX's implosion will have a big chill for crypto.
Max is right about the "big crypto thing" because you apply a similar heuristic to what happened in the streaming industry. Since Netflix peaked and reported declining membership, the downturn battered its competitors, too.
The Time Warner Discovery integration is like the Elon Musk era of Twitter for broadcast. Massive layoffs, project cancellations and unit consolidations that are creating a lot of bad blood. NBC is also finding Peacock to be a financial pain. Similarly, several planned streaming-only projects have been shelved.
It's not unfair to say FTX's implosion will have a big chill for crypto.
Totally agree with your take on the other big Crypto things. It feels so *fake*
I wonder where the “tinkerer” types have gone instead :/