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CoinDesk Podcast Network

SOB: Choking on our Aspirations

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 30 April 2022

⏱️ 28 minutes

🧾️ Download transcript

Summary

The only thing worse than a Get-Rich-Quick-Scheme is a Save-The-World-Quick-Scheme, and we’re all falling for it: the Aspirational systems of DAOs, altcoins and crypto charities.

This episode is sponsored by Nexo.io.

Human beings are generally good people!  But they’re also generally lazy people. When good natures and low efforts meet, terrible decisions follow. Scam coins, feel-good make-bad charities, DAOs and the joy of recycling; they’re all aspirational systems.

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This episode featured George Frankly.  It featured music by Jared Rubens and Gurty Beats, with editing by GF. Art for this episode was provided by Gary Chan/Unsplash and was modified by Dare to Be Stupid.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0

This episode of Speaking of Bitcoin on the Coin Desk Podcast Network is brought to you by nexo.io.

0:09.6

Hello there. I'm George Franklin, and I'm going to take a look at how even the best and brightest people can make truly stupid decisions and terrible predictions.

0:17.8

And what we can learn from them. This is Dare to be Stupid.

0:21.6

This time on Dare to Be Stupid, the only thing worse than a get-rich quick scheme is a

0:25.6

Save the World Quick Scheme, and we're all falling for it.

0:28.6

When lazy brains have good intentions, we start choking on our aspirations.

0:33.6

In the 1996 episode of The Simpsons titled Muchapoo About Nothing, the residents of...

0:40.3

Wait, I'm sorry, this is a terrible way to introduce a subject.

0:43.3

Ahem, hello.

0:44.3

Today I'm going to tell you a story about recycling.

0:48.3

Now then, in the 1996 episode of The Simpsons titled Muchapoo About Nothing, the residents of

0:53.3

Springfield are horrified

0:54.7

to see a lost brown bear wandering their city streets.

0:58.2

This cartoon bear, drawn just as endearingly and go gougly-eyed as any of the jaundest

1:02.0

main cast, picks it trash and sniffs at things confusedly while the townspeak go hysterical

1:06.4

with wide-eyed terror. Within minutes the bear is tranquilized and hauled away without incident.

1:10.8

Rather, the incident occurs afterwards when Homer hauled away without incident. Rather,

1:11.3

the incident occurs afterwards when Homer leads an angry mob to City Hall to demand that Mayor

1:15.6

Quimby do something about the town's intolerable bear problem. They had seen a live bear, for

1:20.4

ostensibly the first and only time, and now wanted a solution to the crisis. Soon the city is under

1:25.8

constant surveillance by official Bear Patrol

1:28.1

helicopters and Bear Patrol branded stealth bombers are always at the ready. The remaining

...

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