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Ben McKenzie

πŸ‘€ Speaker
2248 total appearances

Appearances Over Time

Podcast Appearances

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Am I a paid spokesperson?

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Right.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

So this was in that gray area.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

We're like, well, maybe what a lot of them are doing isn't illegal.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

But to me, it was incredibly distasteful and dangerous.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Dangerous for the public, of course, but also even for the celebrities themselves.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Yeah, yeah.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

I mean, that was my kind of sarcastic advice to the celebrities after the thing crashed and all these celebrities got a lot of egg on their face.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

I'm like, blame your agent.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Yeah, yeah, yeah.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Yes.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

They're there to give you the advice, and then they give you the bad advice, and you just blame it.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

That's what you've been giving them this money for.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Exactly.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Also the creation of the central bank or the Fed.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

That was really the thing that helped because otherwise you're dealing with all of these different smaller banks that were actually, it has a direct relation to crypto.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

They were issuing their own currencies.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

during a thing called the Wildcat Banking Era, which was in the mid-19th century.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

We were trying to expand west and provide credit for people west being like Michigan at this point.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

And so the idea was a bank was allowed to issue its own notes, its own currency, if it held a certain amount of state bonds.