In this episode of The Vivek Show, host Vivek Ramaswamy and guest Lee Reiners, a Duke University lecturer and financial regulation expert, discuss the aftermath of the 2008 financial crisis and its impact on American capitalism. They delve into the world of cryptocurrency, exploring its origins, security vulnerabilities, and philosophical implications. From the role of intermediaries to North Korea's use of cryptocurrency to fund its ballistic missile program, this conversation provides valuable insights into the complexities of the crypto ecosystem and the future of the financial system.--Donate here: https://t.co/PE1rfuVBmbFor more content follow me here:Twitter - @VivekGRamaswamyInstagram - @vivekgramaswamyFacebook - http://facebook.com/VivekGRamaswamyTruth Social - @VivekRamaswamyRumble - @VivekRamaswamy--Time-codes:00:00:25 - Negative impact of 2008 financial crisis on American capitalism00:01:47 - Learning from past crises to prevent long-term damage00:03:30 - Introduction of guest Lee Reiners and his background00:06:58 - The polarizing nature of cryptocurrency00:07:57 - Students becoming crypto regulatory experts00:08:36 - Cryptocurrency failing as a store of value00:10:35 - Blockchain technology as the backbone of cryptocurrencies00:11:20 - Crypto as a peer-to-peer payment system00:11:47 - Why people prefer intermediaries in crypto transactions00:14:27 - Security vulnerabilities of cryptocurrency00:15:33 - North Korea's exploitation of crypto vulnerabilities00:16:14 - Cryptocurrency funding North Korea's ballistic missile program00:18:18 - Complexities of regulating crypto exchanges00:20:54 - Philosophical debate on property rights in cryptocurrencies00:22:07 - The high-profile 2016 DAO hack on Ethereum blockchain