Nov 30, 2023
The first think you need to know about crypto is, "what is
money?"
The second is, "what is property?" and that is our topic for
today.
Joining us is notorious economist Hernando De Soto who is here to
give us a masterclass on the world of property right and why we
need to tokenize the world.
------
✨ DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-hernando
-----
🏹 Airdrop Hunter is HERE, join your first HUNT today
https://bankless.cc/JoinYourFirstHUNT
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING
https://bankless.cc/MetaMask
⚖️ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo
👾GMX | V2 IS NOW LIVE
https://bankless.cc/GMX
💲 USDV | NATIVE OMNICHAIN STABLECOIN
https://bankless.cc/usdv
------
TIMESTAMPS
00:00:00 Intro
00:06:38 Welcome Hernando
00:08:34 History of Property Rights
00:12:31 Property Rights in The US
00:20:27 Value of Property Right Management Systems
00:27:34 The Role of Buerocracy
00:33:09 Advantage of Strong Property Rights
00:40:58 Other Countries Property Rights Systems
00:48:10 Comparing Property Rights Systems
01:00:20 Capitalism
01:07:32 Blockchains and Crypto
01:18:13 Summarizing Blockchain
01:23:54 Dealing With Politics
01:32:30 Closing Thoughts
------
RESOURCES
Hernando:
https://twitter.com/HDeSotoPeru
------
Not financial or tax advice. See our investment disclosures
here:
https://www.bankless.com/disclosures