The Power of Property Rights with Hernando De Soto
Podcast:Bankless Published On: Thu Nov 30 2023 Description: 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