Ben McKenzie
π€ SpeakerAppearances Over Time
Podcast Appearances
Am I a paid spokesperson?
Right.
So this was in that gray area.
We're like, well, maybe what a lot of them are doing isn't illegal.
But to me, it was incredibly distasteful and dangerous.
Dangerous for the public, of course, but also even for the celebrities themselves.
Yeah, yeah.
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.
I'm like, blame your agent.
Yeah, yeah, yeah.
Yes.
They're there to give you the advice, and then they give you the bad advice, and you just blame it.
That's what you've been giving them this money for.
Exactly.
Also the creation of the central bank or the Fed.
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.
They were issuing their own currencies.
during a thing called the Wildcat Banking Era, which was in the mid-19th century.
We were trying to expand west and provide credit for people west being like Michigan at this point.
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.