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The Story

What are cryptocurrency millionaires doing in Puerto Rico?

The Story

The Times

Current Affairs, Daily News Podcast, News Analysis, Politics, News, Audio Storytelling, Uk News, Exclusive Interviews, Investigative Reporting, In-depth Journalism, Daily News, Long-form Audio, Global News

3.91.6K Ratings

🗓️ 13 May 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

As markets across the globe react to the latest cryptocurrency meltdown, which some warn may go beyond the usual boom-and-bust cycle - today we look at a band of mega-rich crypto enthusiasts who are settling on a Caribbean island.

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today and get one month free at: thetimes.co.uk/storiesofourtimes.

Guest: Josh Glancy, Special Correspondent at The Sunday Times.

Host: David Aaronovitch. 

Clips: The Mighty Ducks (Walt Disney Pictures, music by David Newman), ABC News, The Pomp Podcast, Crypto Maniac YouTube, BronxNet.

This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

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0:01.8

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0:06.7

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0:10.1

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0:12.5

Got Prime, got Music, Amazon Music.

0:16.6

Download the Amazon Music app now to start listening.

0:20.8

Imagine sweeping through green fields,

0:24.0

floating five feet above ground,

0:26.8

sun on your face as you slide by,

0:29.7

on track to your destination.

0:32.3

Not a car in the world,

0:34.0

as you simply lean back.

0:37.2

And before you know it, you're there.

0:40.4

This is how travel should feel,

0:42.6

and on our trains, it does.

0:45.3

A Vanty West Coast.

0:47.2

Feel good travel.

0:49.5

Music

0:55.5

Most people have a vague idea what Bitcoin is,

0:59.2

an even vague idea where the island of Puerto Rico is.

1:04.1

Put them together, and that's a whole lot of vague.

1:08.5

But it turns out it's also a whole lot of money.

...

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