Trump’s Crypto Gurus
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 11 October 2024
⏱️ 20 minutes
🧾️ Download transcript
Summary
The crypto project “World Liberty Financial,” which was announced on X by Donald Trump, isn’t a cryptocurrency, nor a crypto-exchange, nor is it actually run by any Trumps. The truth is even stranger.
Guest: David Yaffe-Bellany, New York Times reporter
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Transcript
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| 0:00.0 | Just a heads up, there's a little swearing in this episode. Okay, here's the show. |
| 0:09.3 | Let me tell you some. There is no nobility in poverty. If you've seen the Wolf of Wall Street, |
| 0:19.8 | then you are familiar with Jordan Belfort. |
| 0:22.9 | I've been a rich man and I have been a poor man and I choose rich every fucking time. |
| 0:29.3 | Because Elise is a rich man, when I have to face my problems, I show up in the back of a limo |
| 0:33.9 | wearing a $2,000 suit and a $40,000 gold fucking watch. |
| 0:39.3 | That's Leonardo DiCaprio playing Belfort. |
| 0:42.6 | Salesman, stockbroker, criminal, and now, long after the events in that movie, |
| 0:48.9 | cryptocurrency enthusiast. |
| 0:50.9 | Which is how New York Times reporter David Yaffi Bellany found himself at the real Jordan |
| 0:57.0 | Belfort's house in Miami a few years ago covering a crypto seminar. I remember everyone gathered in |
| 1:02.9 | the backyard on the first day for a kind of like introduction, you know, meet and greet sort of event |
| 1:09.4 | with made-to-order omelets and mimosas and other fancy breakfast stuff. |
| 1:13.6 | And everyone was kind of milling around for 20 minutes and Jordan hadn't shown up yet. |
| 1:18.6 | And then finally he kind of emerges from the, from a porch which is sort of elevated and people kind of look up as he sort of walks out in, you know, faded jeans and sunglasses and sort of |
| 1:28.9 | stares down at his empire. And I remember he made a comment about how everybody was a man. |
| 1:35.1 | And he was like, oh, we got to get some more feminine adoption of cryptocurrency, maybe |
| 1:39.2 | next year. |
| 1:47.6 | There was someone else there that day who David met. |
| 1:52.7 | Another crypto fan, a guy with the improbable name, Chase Hero. |
| 1:58.8 | And he's just kind of like an instant jolt of energy, and you could tell that the guys loved him. |
| 2:00.8 | You know, he talked really fast. He was kind of throwing |
... |
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