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Money Rehab with Nicole Lapin

Bitcoin Thieves Part 2: Understanding The Network

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.61.7K Ratings

🗓️ 22 February 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

Yesterday Nicole unpacked the major complaints with the current currency system that made some people feel like we need a complete overhaul. Today, she explains how crypto founders sought to address those problems with cryptocurrency. Learn more about your ad-choices at https://www.iheartpodcastnetwork.comSee omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey guys, are you ready for some money rehab?

0:05.0

Wall Street has been completely upended by an unlikely player. Game stop.

0:09.0

That's a good one.

0:10.0

Ian and should I have a 401k because then I can do it?

0:12.0

No, I know.

0:15.0

I don't think the whole world will revolve around you on your money.

0:17.0

What a dumb shit!

0:19.0

Charge for wasting our time.

0:23.0

I will take a check.

0:25.0

We're gonna pull you back.

0:27.0

You recognize her from anchoring on CNN, CNBC, and Bloomberg.

0:31.0

The only financial expert you don't need a dictionary to understand.

0:35.0

The cold lap in.

0:37.0

Yesterday I left off by telling you that three things.

0:41.0

Government's management of monetary policy increased security threats

0:46.0

and distrust of big banks led people to wonder if it was possible to create a new financial system.

0:54.0

One free of all the issues facing our current monetary system.

0:59.0

For some, the answer was yes.

1:02.0

Cryptocurrency could be the financial system we've been waiting for.

1:06.0

Bitcoin, after all, came into the fold in 2008.

1:10.0

In the wake of the subprime mortgage crisis.

1:13.0

Coincidence?

...

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