Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Shanley

๐Ÿ‘ค Speaker
557 total appearances

Appearances Over Time

Podcast Appearances

Behind the Bastards
It Could Happen Here Weekly 224

And then you have PayPal.

Behind the Bastards
It Could Happen Here Weekly 224

So at the point that they sort of were like, we're going to do our own financial infrastructure.

Behind the Bastards
It Could Happen Here Weekly 224

OK, now they have a financial infrastructure that is literally in competition with the sovereign financial system of the United States of America.

Behind the Bastards
It Could Happen Here Weekly 224

And this more than anything else might be the source of the rupture between the American government and between venture capital.

Behind the Bastards
It Could Happen Here Weekly 224

Because as soon as you start developing this ecosystem and people think that crypto is just like Bitcoin and like Dogecoin and like Ethereum.

Behind the Bastards
It Could Happen Here Weekly 224

No, no, no, no.

Behind the Bastards
It Could Happen Here Weekly 224

These people have a whole bunch of banks, right?

Behind the Bastards
It Could Happen Here Weekly 224

They have banks.

Behind the Bastards
It Could Happen Here Weekly 224

They are developing stock markets and stock exchanges.

Behind the Bastards
It Could Happen Here Weekly 224

They have point-of-sale systems.

Behind the Bastards
It Could Happen Here Weekly 224

They have betting markets.

Behind the Bastards
It Could Happen Here Weekly 224

Yeah, they have loans programs.

Behind the Bastards
It Could Happen Here Weekly 224

They have savings.

Behind the Bastards
It Could Happen Here Weekly 224

They have blah, blah, blah.

Behind the Bastards
It Could Happen Here Weekly 224

Crypto is really a very fully featured financial system.

Behind the Bastards
It Could Happen Here Weekly 224

And they need to get as much money out of the existing financial system moved into their financial system.

Behind the Bastards
It Could Happen Here Weekly 224

So they are in this war, essentially, over that.

Behind the Bastards
It Could Happen Here Weekly 224

And that's what we're looking at is the global financial system being replaced with a financial system that is owned and controlled by venture capitalists.

Behind the Bastards
It Could Happen Here Weekly 224

And that's a profound thing that has profound implications.