

Patrick McKenzie
Tech and finance writer at Bits About Money and advisor at Stripe. He specializes in the underlying geekery of the modern world.
Top 5 podcasts with Patrick McKenzie
Ranked by the Snipd community

165 snips
May 19, 2025 • 1h 15min
Inside the Mysterious World of Credit Cards (with Patrick McKenzie)
Patrick McKenzie, a tech and finance writer and advisor at Stripe, dives deep into the world of credit cards. He reveals how credit card companies generate revenue and discusses the impact of rewards programs on different socioeconomic groups. The conversation also touches on credit card fraud, the balance banks must maintain to protect consumers, and the paradox of low-income users subsidizing wealthier consumers. McKenzie critiques common misconceptions about credit card economics and emphasizes the importance of negotiation skills in financial decisions.

115 snips
Jan 10, 2024 • 54min
Patrick McKenzie on Navigating Complex Systems
Patrick McKenzie, an entrepreneur and writer known for his influential blog, dives into intriguing topics ranging from the diminishing role of signatures on credit cards to the quirks of banking operations. He shares insights on navigating career choices in Japan and discusses how non-traditional expertise can solve urgent challenges like pandemic preparedness. Additionally, he reflects on cultural contrasts between the U.S. and Japan, the complexities of salary negotiation, and even explores exciting innovations in payment systems and geothermal energy.

17 snips
Feb 13, 2023 • 54min
What Happens Now to All the Laid Off Tech Workers?
Patrick McKenzie, author of the Bits About Money newsletter and former Stripe employee, dives deep into the striking layoffs hitting the tech industry. He discusses the reasons behind these cuts, contrasting them with the previous hiring boom during the pandemic. McKenzie highlights the challenges laid-off workers face in finding new jobs and how their skills might pivot to the growing AI sector. He also discusses the cultural shifts in job security, the bias in tech companies toward innovation over maintenance, and the evolving future of programming.

9 snips
Mar 21, 2024 • 1h 18min
Is Crypto a Scam? with Crypto Skeptic Patrick McKenzie
In this engaging discussion, Patrick McKenzie, a strategic advisor at Stripe and a vocal financial skeptic, shares his insights into the traditional banking system and the complexities of cryptocurrency. He explores why banks have holidays and questions whether a redesign of the banking system is needed. Patrick also delves into his skepticism about crypto, discussing its transformative potential versus its speculative nature, and raises important questions about financial regulations and their impact on personal freedom.

Jan 26, 2023 • 47min
Why Corporate America Still Runs on Ancient Software That Breaks
In this discussion, Patrick McKenzie, a former Stripe engineer and writer of the Bits About Money newsletter, dives deep into the software struggles plaguing corporate America. He explains how legacy systems bring chaos, like during Southwest Airlines’ holiday fiasco. The conversation explores the risks of outsourcing software development and the critical need for in-house talent. McKenzie also highlights the software divide between traditional firms and tech companies, emphasizing the necessity for user-friendly solutions in a rapidly evolving tech landscape.