Ben McKenzie
๐ค SpeakerAppearances Over Time
Podcast Appearances
It was one line, one line of code, and he stole all the money.
On the human level, I think this is the problem with private money.
That's the only way you can scale the trust.
All of the problems with our financial system, I think, start with our democratic system, the failures of our democratic system.
That's just my own personal point of view, is that the reason we have such a fucked up financial system is that our democracy is really failing us here.
Our elected representatives, due to, quite frankly, unfettered capitalism and Citizens United and all this stuff, are really beholden to the tech oligarchs and the corporate interests and the PACs more than they are the people here.
And if we could change that, then we could get back the control and the system would never work perfectly.
No human systems ever do, but it could work much better.
But until we address that issue, you know, we're left floundering around in the dark.
And because it's so bad, it gives certain credence to Bitcoin or to crypto because it's like, well, the system does suck.
So might as well try this other thing, even though it might in fact is worse.
Yeah, I mean, look, again, many different ways to answer the question, but one of the things that I found to be true is that crypto is just a get-rich-quick scheme.
So it's as old as time, and they've changed the terms, and they've created all these terms that sort of, in real life, are the opposite of what they say they are, right?
There's about 5% or 6% of the population that's really into this stuff, if you look at the polling.
And then there's about 80% of the population that's never, ever bought crypto.