Avichal Garg | The Ben Shapiro Show Sunday Special Ep. 123
The Ben Shapiro Show
The Daily Wire
4.4 • 152.4K Ratings
🗓️ 20 February 2022
⏱️ 65 minutes
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| 0:00.0 | So the real question, I think, for the banks, the payment companies, or anybody built on the legacy systems, |
| 0:05.0 | is do you get disrupted and go to zero over the next 20 years, or do you embrace this stuff, |
| 0:10.0 | go through a really, really difficult transition and upend your entire organization, but survive to get to the other side? |
| 0:15.0 | Because at this point, I think it's no longer, and if this thing will happen question, |
| 0:19.0 | it's really a when will this thing happen question. |
| 0:26.8 | This year's Super Bowl was nicknamed the Crypto Bowl by critics after four major cryptocurrency services made first-time appearances in the biggest broadcasting event of the year. |
| 0:31.8 | The ads boasted numerous celebrities, adding to the growing list of A-lister's embracing Bitcoin |
| 0:35.9 | and other cryptocurrencies. |
| 0:38.4 | I want to talk about why. |
| 0:40.6 | My guest today is Avishal Garg. |
| 0:44.2 | He joins to explain crypto in the most coherent and intelligible way I've heard yet, |
| 0:48.2 | and to tell us how crypto, as we currently understand it, is just the beginning of a coming financial industry revolution. |
| 0:50.5 | Avishal worked at Google and Facebook, generating billions in revenue before co-founding |
| 0:54.2 | electric capital, an investing firm developing the foremost leaders in Web3, a term meaning |
| 0:59.5 | of the reimagining of our existing technologies, which will unpack in our conversation. |
| 1:04.1 | Web 3 especially includes innovation surrounding crypto, something Avishal has been following |
| 1:08.1 | since 2010. |
| 1:09.7 | In this episode, we'll dive into the phenomenon |
| 1:11.5 | and evaluate the naysayers and their critiques of this new alternative. |
| 1:15.2 | Plus, our thoughts on the government's discussions to back their own crypto coin, |
| 1:19.2 | whether to approach crypto more as a currency or a commodity, and much more. |
| 1:22.3 | Thank you. Hey, hey, welcome. This is the Ben Shapiro show's Sunday special. This show is sponsored by ExpressVPN. It's time to stand up against big tech, protect your data at ExpressVPN.com slash Ben. Just a reminder, we'll be doing some bonus questions at the end with Avishal. The only way to get access to that part of the conversation is to become a member. Head on over to dailywire.com. Become a member. You'll have access to all the full conversations with every one of our awesome guests. We'll get to Avichal in just one moment first. Let's be frank about this. |
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