Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Ben McKenzie

๐Ÿ‘ค Speaker
252 total appearances

Appearances Over Time

Podcast Appearances

The Vergecast
Ben McKenzie vs. crypto

And then there's your criminal.

The Vergecast
Ben McKenzie vs. crypto

Well, look at the history, right?

The Vergecast
Ben McKenzie vs. crypto

Crypto was kind of floundering after all these guys were arrested, after all these trials, all these lawsuits got filed.

The Vergecast
Ben McKenzie vs. crypto

And then in the spring summer of 2024, Donald J. Trump, who had as recently as 2021 described Bitcoin as a scam,

The Vergecast
Ben McKenzie vs. crypto

decided he loved Bitcoin and cryptocurrency.

The Vergecast
Ben McKenzie vs. crypto

We end the movie on a clip of him talking about this.

The Vergecast
Ben McKenzie vs. crypto

He says, have fun with your Bitcoin and your crypto and everything else you're playing with.

The Vergecast
Ben McKenzie vs. crypto

That's a terrible Trump impression, but as he embraced it, people said, hey, if he wins the presidency, he can do a lot to boost crypto.

The Vergecast
Ben McKenzie vs. crypto

And so they started betting on it.

The Vergecast
Ben McKenzie vs. crypto

The price went back up.

The Vergecast
Ben McKenzie vs. crypto

Sure enough, he won and the price went way up to $120,000.

The Vergecast
Ben McKenzie vs. crypto

For Bitcoin.

The Vergecast
Ben McKenzie vs. crypto

Now it's in the 60s, right?

The Vergecast
Ben McKenzie vs. crypto

So it's actually basically back to where it was the last high.

The Vergecast
Ben McKenzie vs. crypto

It's almost exactly at the top, which is fascinating because if you allowed it to drop a little further, psychologically, there might be a real hell to pay, right?

The Vergecast
Ben McKenzie vs. crypto

If it went into 50, people might really panic.

The Vergecast
Ben McKenzie vs. crypto

But somehow it's just managed to stay in the 60s range for quite a while, which is really interesting, especially in a highly illiquid market controlled by a very small number of whales that hold the vast majority of Bitcoin.

The Vergecast
Ben McKenzie vs. crypto

But anyway, the reason that these things can last forever is obviously, as I point out, the manipulation of...

The Vergecast
Ben McKenzie vs. crypto

come on man the deepest of all ironies the supposedly decentralized thing that's fighting back against the government now needs to kiss the ass of the corrupt president of the united states who's the most powerful man in the world in order to basically carve out their own rules and not have to follow the rules so that they can keep the ponzi scheme going and the vast percentage of the people that invest in those things like trump coin or melania coin or or or come rocket one of my favorites

The Vergecast
Ben McKenzie vs. crypto

They're going to lose, right?