This week on Reality Bytes, we discuss the largest crypto crash of the year and what caused it; a celebrity NFT heist that shut down the production of a new show; and Tesla’s drive-in movie theater that doubles as a charging station. Here is what’s on tap:
📉 Terra Luna was a stablecoin pegged to the USD and considered a “safe bet,” until it crashed to 0 in the span of two days. We discuss why crypto is so volatile.
🖼 Seth Green’s Bored Ape NFTs were stolen, which means he doesn’t have the IP or legal rights to release his new NFT-inspired show. We dive into why.
🔋 Tesla is mixing old world culture with new world technology as they plan to build a diner/movie theater/charging station in L.A.. We debate the implications.