48,000 workers across the University of California school system are on strike. The university system has 10 campuses with nearly 300,000 students, and academic workers are asking for higher salaries, saying they don't earn enough to live in the state of California.

• Plus, is the crypto dream dead?
• And, the world population’s new milestone.

Guests: Axios' Felix Salmon and The New York Times' Shawn Hubler.

Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Lydia McMullen-Laird, Amy Pedulla, Fonda Mwangi and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.

Go Deeper:

• University of California Academic Employees Strike for Higher Pay
• The week the crypto dream died
• The human race at 8 billion