5Best of Bloomberg Technology
1What'd You Miss?
. bloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪ ♪ emily: graydon carter, who helped to make vanity fair magazine a must read publication in hollywood studios, washington townhouses and wall street is stepping down after 25 years as one of the nation's most influential editors. carter joined me to talk about his decision to leave the magazine at the end of the year. the fake news problem and the future of the magazine business. graydon: i have been here over 25 years and wanted to take a break. i have worked solidly the last 39 years. if i have a third act, i would like to find out what it is. i was originally going to leave in april and the election changed that and i decided to stay on for the first year of the administration. emily: what do you hope the next administration, how they cover it? like to find out what it is. graydon: it will be up to them. that was a personal mission of mine. i had two political missions for one was the iraq war and i was against the administration of donald trump which has turned out worse than expected. i think it bears examination.
on my back and look at the ceiling for a while. emily: graydon carter, editor of so muchfair" thank you for joining us. julia, back to you. julia: great interview, the end of an era, indeed. newy chang at the establishment summit in los angeles. the hotly debated bitcoin and cryptocurrency space. from new york, this is bloomberg. ♪ julia: "what'd you miss?" ceo remains cautious on cryptocurrencies. larry fink told bloomberg cryptocurrencies show how much money laundering is done in the world. >> i am a big believer in the potential of what a cryptocurrency can do. i see huge opportunities. but what we are talking about today is much more of a speculative -- people are speculating. most importantly, when i think of most of these cryptocurrencies, it identifies how much money laundering is being done in the world. how much they are trying to move currencies from one place to another. i believe you're seeing demand for it. but if we created a true global digital currency -- i hate the word crypto, a digitized currency, then you would not have money laundering anymore. you would have
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