Changpeng Zhao
๐ค SpeakerAppearances Over Time
Podcast Appearances
How much do you have to prepare that in advance to be able to intercept that many missiles coming in?
And it takes years and years of preparation.
So this foresight there, that's really hard to match.
I think UAE does rely very heavily on U.S.
support from military equipment technology.
They rely on us for that?
I think so, yeah.
So they're a very strong partner for the U.S., so I think they do quite well there.
And then, but other than that, I think that just the countries were very well governed.
If you have sensible leaders, you have like smart leaders that are fair and that wants the country to grow instead of growing their own pockets, then you have a pretty good country, yeah.
I saw a stat the other day and I wonder how you answered this one.
In the 70s,
In the S&P 500, it showed that, you know, 85% to 93% of the wealth was tied to tangible assets in 1970.
Yeah, yeah.
So if somebody was a billionaire and they lived in a state, they ran a business, they couldn't move to another state or they couldn't move to another country because it's tangible asset.
Yeah.
wealth that they have today we've gone from 85 yeah 85 to 93 back in a days to now it's the other way around 92 is an intangible assets patents you know brands you know bitcoin crypto ai all the stuff that they're building
Moving forward, do you think this is going to be a threat to countries that don't know how to handle small business owners or big businesses?
That person can say, great, I'm going to go move in UAE.
I'm going to go to Singapore.