The Power of Property Rights with Hernando De Soto

<p>The first think you need to know about crypto is, "what is money?" <br /> The second is, "what is property?" and that is our topic for today.<br /> 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.<br /> ------<br /> ✨ DEBRIEF | Ryan & David unpacking the episode:<br /> <a href= "https://www.bankless.com/debrief-hernando">https://www.bankless.com/debrief-hernando</a> </p> <p>-----<br /> 🏹 Airdrop Hunter is HERE, join your first HUNT today<br /> <a href= "https://bankless.cc/JoinYourFirstHUNT">https://bankless.cc/JoinYourFirstHUNT</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://%E2%81%A0https//k.xyz/bankless-pod-q2">⁠https://k.xyz/bankless-pod-q2</a> ⁠ </p> <p>🦊METAMASK PORTFOLIO | MANAGE YOUR WEB3 EVERYTHING<br /> <a href= "https://%E2%81%A0https//bankless.cc/MetaMask">⁠https://bankless.cc/MetaMask</a> </p> <p>⚖️ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://%E2%81%A0https//bankless.cc/Arbitrum">⁠https://bankless.cc/Arbitrum</a>  ⁠</p> <p>🔗CELO | CEL2 COMING SOON<br /> <a href= "https://bankless.cc/Celo">https://bankless.cc/Celo</a> </p> <p>👾GMX | V2 IS NOW LIVE <br /> <a href= "https://bankless.cc/GMX">https://bankless.cc/GMX</a> </p> <p>💲 USDV | NATIVE OMNICHAIN STABLECOIN<br /> <a href= "https://bankless.cc/usdv">https://bankless.cc/usdv</a>  </p> <p>------<br /> TIMESTAMPS</p> <p>00:00:00 Intro<br /> 00:06:38 Welcome Hernando<br /> 00:08:34 History of Property Rights<br /> 00:12:31 Property Rights in The US<br /> 00:20:27 Value of Property Right Management Systems<br /> 00:27:34 The Role of Buerocracy<br /> 00:33:09 Advantage of Strong Property Rights<br /> 00:40:58 Other Countries Property Rights Systems<br /> 00:48:10 Comparing Property Rights Systems<br /> 01:00:20 Capitalism<br /> 01:07:32 Blockchains and Crypto<br /> 01:18:13 Summarizing Blockchain<br /> 01:23:54 Dealing With Politics<br /> 01:32:30 Closing Thoughts</p>