The David McWilliams Podcast cover image

The great crypto collapse

The David McWilliams Podcast

00:00

The Canadian Paradox

There isn't much of a Greek cryptocurrency scene. There's not much of a crypto scene in Lebanon. You don't get many crypto guys in Nigeria. They're all in high trust societies. In Canada, there's huge amounts of fraud. And one of the consequences is if you show up in Toronto wearing a nice suit with good manners and say that you want to raise one million Canadian dollars for a gold mine, you'll probably get it. That's how Greek ship owners can do million dollar deals on a handshake. But domestically, you won't really get to run a long firm in Lebanon. Because unless they know who you are and who your people are back to the birth of Christ

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app