diff --git a/notes/financial-perpetual-motion-machine.md b/notes/financial-perpetual-motion-machine.md index 447ea9b..b49825f 100644 --- a/notes/financial-perpetual-motion-machine.md +++ b/notes/financial-perpetual-motion-machine.md @@ -8,7 +8,7 @@ aliases: notes/financial-perpetual-motion-machine.md *Does crypto technology “magic” allow it to transcend the principles of economics?* -# Update December 2022 +# Update November 2022 Since this post was written, FTX, one of the worlds largest crypto exchanges, has controversially and spectacularly [collapsed](/notes/post-ftx-collapse.md). This provides yet more compelling evidence that the crypto boom was the result of a financial bubble, rather than a magical perpetual motion machine.