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.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Apr 2026 with 4.
Appearances
And so there are obviously a lot of sketchy players, but that doesn't mean that the fundamental thing couldn't work, right?
There are sketchy players and all sorts of stuff.
I would say one real pivotal moment was when I went to El Salvador.
It's the only country in the world that was trying to use Bitcoin as real money.
And to your point about sending money overseas and the validity of that argument.
El Salvador's economy, the foundation of it is remittances.
Millions of Salvadorans who live in this country, who send money home, and it's 25% of the economy.
It's really the foundation of the economy.
And so they built this Bitcoin system and it was like, maybe you could just use crypto to send money home and avoid the fees.
So if crypto was going to work as money anywhere in the world, it should work in El Salvador.
wah, wah.
Like, I walk through a market, I try to pay, you know, it's a dollarized economy.
Everything's in cash.
These people have like $400.
They make an average of about $400 a month in El Salvador.
It's an extremely, you know, poor economy, relatively speaking.
And...
i'm asking these merchants like can i buy you know the the taco and uh or whatever the pupusa and uh and in bitcoin and they look at me like the stupid fucking gringo that i that i am and appear to be uh uh and and it just happens over and over and over again so it was not used as money it never worked as money even the remittance thing didn't work at all it was two percent of remittances when we started recording it's even less now it's less than one percent and the reason is because the system doesn't work very well it's the same thing that plagues crypto more broadly
System doesn't work very well.
You know, the value of a crypto can suddenly collapse.
Showing 2041–2060 of 2,248 · page 103 of 113
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