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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)

It's never been that important to it.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Like, I really don't think that's honest, if you look at the history.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

And let me give you maybe even a more sort of morally compelling argument.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

I was listening to.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

So what crypto can do is it can send something of value instantaneously anywhere in the world and avoid the regulated system, including the banks.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

And so I was hearing the story of a woman in Afghanistan who cannot get banking under the Taliban because she's a woman.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

And so she's running a business and she's paying her employees in crypto.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

I don't personally know this person, so this was secondhand, but I have heard similar stories.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

So we can all agree that's a good thing.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

We like that.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Later we can critique, are those arguments true?

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

And if Bitcoin's so volatile that it's not stable, so does it actually work that way?

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

But in premise.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

And so when I say crypto can only be used for speculation, which really is gambling, because you're not really speculating on an asset of any value, in my opinion.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

It's just lines of code.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Speculation, gambling, and crime.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

When I say crime, I mean that literally in the sense that technically, although we morally agree with this woman in Afghanistan, she is violating her country's laws.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

We just don't like those laws because we're in another country.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

Right.

Armchair Expert with Dax Shepard
Ben McKenzie (on cryptocurrency)

But to accept that that is good, we also have to accept the bad.