Angus Berwick
👤 SpeakerAppearances Over Time
Podcast Appearances
which was something that World Liberty then started trumpeting, you know, saying that we are, you know, look at us, we're one of the fastest growing stablecoin issuers on the planet.
They suddenly had a product which was going to be generating about $80 million in income each year.
So instead of using dollars or any of the other kind of much, much more established kind of stable coins on the market, this investor picked a currency which at that point in time had barely been used for anything else.
this major UAE investor called MGX, and World Liberty announced that MGX would use USD1 to make this $2 billion payment.
We were always left with an open question about why would MGX be so willing to use the president family's own currency?
At the time, it was like, that's strange.
Strange that MGX would be using, this UAE investor would be using USD1 to invest in Binance.
Even people who were connected to this deal, you know, raised questions about why would the Emiratis pick this very, very niche currency to make this payment when there were so many other kind of options available.
I think I was about to get on that London tube, and I think it stopped me dead.
Through our reporting, we discovered that the connections between
Not only Binance and World Liberty, but also World Liberty and MGX and the Emiratis ran much deeper than we knew previously.
Stablecoins have been this huge success story over the last few years. They've become very useful for people moving money internationally, particularly when there are still significant frictions within the traditional banking system. Was die Banken sehen, ist, dass dieses Stablecoin-Business-Modell an einem Punkt anfangen könnte, sich selbst zu entfrischen.
Stablecoins have been this huge success story over the last few years. They've become very useful for people moving money internationally, particularly when there are still significant frictions within the traditional banking system. Was die Banken sehen, ist, dass dieses Stablecoin-Business-Modell an einem Punkt anfangen könnte, sich selbst zu entfrischen.
Sie fühlen sich auch ermutigt, dass es Stablecoin-Legislation gibt, die sich gerade durch den Kongress bewegen. Und ich denke, dass die großen Banken jetzt sehen, dass es ein guter Moment ist, um versuchen zu reklamieren, einige dieser neuen Ökonomie.
Sie fühlen sich auch ermutigt, dass es Stablecoin-Legislation gibt, die sich gerade durch den Kongress bewegen. Und ich denke, dass die großen Banken jetzt sehen, dass es ein guter Moment ist, um versuchen zu reklamieren, einige dieser neuen Ökonomie.
Yeah, unfortunately, I have not seen one physically, and I have not yet scanned my iris. So currently, there is no way to be assured that I am the real Angus Barak.
Yeah, unfortunately, I have not seen one physically, and I have not yet scanned my iris. So currently, there is no way to be assured that I am the real Angus Barak.
Yeah, unfortunately, I have not seen one physically, and I have not yet scanned my iris. So currently, there is no way to be assured that I am the real Angus Barak.
I think he saw that we were going to reach a point in the future where AI and technology would be so advanced that we wouldn't really be able to distinguish it from humans, you know, and particularly kind of in an online setting. So, you know, that could apply to bots on social media or deepfake people on video calls, etc.