Show 33: Patrick Byrne - From Wall Street To Property Rights... Rebuilding It All On The Blockchain
By Crypto Voices
Show support appreciated: 35iDYDYqRdN2x6KGcpdV2W1Hy3AjGje9oL Matthew & Fernando interview Patrick Byrne, founder & CEO of Overstock. Fascinating discussion with a busy executive, we are grateful for the time Patrick spent with us covering everything they are doing at Overstock with blockchain technology. We begin with Patrick's background, moving from philosophy to Wall Street. We discuss the complexities of running a publicly traded company, and the many dealings (and battles) Patrick has had with the SEC. He overviews their TZero platform, how they plan to disintermediate the broker-dealer business, and in general cut the inefficiencies and lack of transparency plaguing modern finance. We move on to his work with Hernando de Soto, an important Peruvian economist who has done monumental work on the history of property rights. He, Patrick, and the team at Medici Ventures are (among others) investing in the lofty goal of bringing a true property rights system to the developing (and developed!) world through the blockchain. This could offer those in desparate environments a fighting economic chance at establishing their title and property, potentially opening up access to credit and other entrepreneurial tools. We conclude with another great free-market economist last-named de Soto, Spanish economist Jesús Huerta de Soto, who Fernando studied Austrian Economics under, and whom Patrick would like to meet! Links for more info: https://twitter.com/OverstockCEO https://www.overstock.com/ http://www.mediciventures.com/ https://www.tzero.com/ https://youtu.be/JlnbDdPsY58 Hernando de Soto: http://www.nytimes.com/books/first/d/desoto-capital.html Jesús Huerta de Soto: https://www.mises.org/library/money-bank-credit-and-economic-cycles Show sponsor: https://hodlhodl.com/ Hosts: Matthew Mežinskis, Fernando Ulrich Music: New Friend Music newfriendmusic.com/ Site: cryptovoices.com/ Podcast & Information Cryptoeconomics & Liberty Thanks for listening! Show content is not investment advice in any way.