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Dark Markets

David Z. Morris

Dark Markets is the Newsletter for Fringe Finance. David Z. Morris, PhD (CoinDesk, Fortune) is your guide to the squirming underbelly of capitalism, where markets are irrational, money is imaginary, and the machines are even stupider than the rest of us.

Platform
Substack
PricingFreemiumPublishesTwice weekly
Issues152SubscribersRead davidzmorris.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

👁️ Election Market Manipulation

Election markets have emerged in the past two months as surprise stars of the 2024 election. Polymarket and now Kalshi (what?) have become practically household names, despite mixed and dubious legality in the U.S. itself. The markets thems...

16 days ago
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The Racehorse Who Gambled

Expected Value, Discounted Future Cash Flows, and Stealing from the Future (a Rough Draft)

18 days ago
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Paid

👁️ Trump's Crypto Scam Flopped

Welcome to your weekly Dark Markets news roundup. This week, there’s a rare failed Trump fraud; How to Trick an LLM; and deeper research on Terra Luna and the history of … payphone scams?

23 days ago
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👁️ The Computability of the Universe is Political

Welcome to your weekly Dark Markets news roundup. Below, you’ll find some first impressions of a new paper by Toby Ord, one of the founding minds of the Effective Altruist movement. First, the week’s news in brief.

a month ago
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Authors

The writers behind this newsletter.

  • David Z. Morris

    David is a veteran tech and finance futurist and fraudbuster. He covered Bitcoin as early as 2014 and Tesla starting in 2015. He has helped expose frauds including Sam Bankman-Fried, Nikola Motor CEO Trevor Milton, and Terra creator Do Kwon.

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