Doge, Bitcoin, NFTs, and Capital Gains: Ranjan Roy and Can Duruk of Margins Demystify Our Economy

Big Technology Podcast

Alex Kantrowitz

Technology, Religion & Spirituality, Business News, Business, Religion, Science, Philosophy, Society & Culture, Entrepreneurship, Management, Marketing, Politics, News Commentary, Government, Investing, Tech News, Social Sciences, News

4.6 • 395 Ratings

🗓️ 28 April 2021

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today's economy is a wild ride, and it's time to demystify it with Ranjan Roy and Can Duruk from Margins. Consider the following: Doge, a joke cryptocurrency, seems to be minting new millionaires daily. NFTs, tokens that enable the buying and selling of digital art, are going for millions. Bitcoin's price is volatile, up $10,000 one week, down by the same amount the next. The overall market, meanwhile, is cranking. In this week's episode, we go deep into what's actually taking place, and discuss whether Joe Biden's proposed capital gains tax increase will bring an end to the party.

Transcript

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0:00.0	From LinkedIn News, I'm Leah Smart, host of Everyday Better, an award-winning podcast dedicated to personal development.
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0:11.8	Listen to Every Day Better on the LinkedIn Podcast Network, Apple Podcasts, or wherever you get your podcasts.
0:17.2	Have you been feeling the effects of stress, burnout, or anxiety at work?
0:21.6	Listen to the Anxious Achiever podcast to rethink the relationship between your career and your mental health.
0:28.7	Get the Anxious Achiever wherever you find your podcasts.
0:31.9	And walk away with practical advice you can implement today.
0:47.6	Music practical advice you can implement today. Hello and welcome to the big technology podcast, a show for cool-headed, nuanced
0:51.3	conversation of the tech world and beyond.
0:54.0	Joining us today are two friends of the podcast, Ron John Roy, a return guest who helped us break down.
1:01.1	The GameStop madness a couple of weeks ago.
1:03.2	Don't worry, the economy has calmed down and is totally rational now.
1:06.6	And John Durek, his co-author, co-host at Margin's one of my favorite financial and tech
1:12.9	newsletters, which you should all subscribe to if you're not already.
1:16.7	Definitely worthwhile.
1:17.7	John also is starting a new company.
1:19.9	He says on his websites, it's about textiles, but word on the street is it's about software.
1:26.8	So maybe we can get him to tell us a little bit
1:29.2	about that, although, John, you're more than willing to, you're more than welcome to keep that
1:33.4	under wraps if you'd like to. You can give us a scoop here off the bat?
1:38.6	Sure. It is something creative. Okay. So I think that's like that.
1:49.3	So, I mean, I think the way we describe it is like more openly is that we're kind of working on a new creative medium.
	...

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