Ben McKenzie
speaker
2,248 appearances
5 recordings
5 series
first heard Apr 2026
last heard 13 May
Ben McKenzie’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Apr 2026 with 4.
Appearances
Um, and so all money's made up, right?
Um,
But what is money?
It's trust.
It's a way of running an economy so that, for example, if I give you a dollar bill, you take it from me, not because you trust me, but because you trust that you can use it because it works.
And that's, I think, where crypto falls apart.
Crypto says we don't need money.
human trust, we can replace that with computer code.
We can create this trustless system and avoid all that pesky human interaction and human relationships.
But that's, of course, nonsense, right?
Because if money is trust and you're saying it's a trustless currency...
Then you're saying it's like a governmentless government or religionless religion.
The words you're searching for are anarchy and cult.
It just fundamentally doesn't make sense.
The other answer in terms of like, could it be money is also effectively no, but it's because –
The technology sucks.
Bitcoin can only do five to seven transactions a second.
These can do 24,000.
So even Sam Bankman Freed, when I interviewed him, said, yes, it doesn't work.
But don't worry, it will in the future.
Showing 2001–2020 of 2,248 · page 101 of 113
← Previous
Next →