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Hanna Horvath

πŸ‘€ Speaker
273 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
What happens when you can bet on anything?

As a job.

Marketplace All-in-One
What happens when you can bet on anything?

Why would I want to work in a minimum wage job for 10 hours to make $150 that's taxed at 30%?

Marketplace All-in-One
What happens when you can bet on anything?

And when I could sit here in my jammies and put down a $200 wager on the next pitch.

Marketplace All-in-One
What happens when you can bet on anything?

And we're also living in a world where online credit is just way, way too easy.

Marketplace All-in-One
What happens when you can bet on anything?

When I was 19, I couldn't get a loan.

Marketplace All-in-One
What happens when you can bet on anything?

I didn't have a credit card.

Marketplace All-in-One
What happens when you can bet on anything?

I had my dad's ATM, and he was watching that thing like a hawk.

Marketplace All-in-One
What happens when you can bet on anything?

If I walked into a bank as a cop,

Marketplace All-in-One
What happens when you can bet on anything?

college student and said, I want a $5,000 loan with no collateral, there's no way.

Marketplace All-in-One
What happens when you can bet on anything?

Now I have patients getting $500,000 credit, predatory loans in a matter of minutes online.

Marketplace All-in-One
What happens when you can bet on anything?

You don't have a gambling problem if you don't have money.

Marketplace All-in-One
What happens when you can bet on anything?

But when you have access to money in very fast ways, that's what you get here.

Marketplace All-in-One
What happens when you can bet on anything?

Yeah, I completely agree.

Marketplace All-in-One
What happens when you can bet on anything?

And this actually reminds me of, you know, there's a difference between money you earn, money you inherit, and money you find in the street.

Marketplace All-in-One
What happens when you can bet on anything?

You have a different relationship to it depending on how you got it.

Marketplace All-in-One
What happens when you can bet on anything?

And even earning it, different ways you earn money, you'll have a different relationship to it.

Marketplace All-in-One
What happens when you can bet on anything?

You know, I have a friend who plays poker in those underground games in New York.

Marketplace All-in-One
What happens when you can bet on anything?

And, you know, the buy-ins on these tables are thousands of dollars.

Marketplace All-in-One
What happens when you can bet on anything?

So in a given night, he could lose and then gain $10,000.

Marketplace All-in-One
What happens when you can bet on anything?

And what does that do to your relationship with risk and money when you are fluctuating that much with your cash flow and how much money you're making?