Jono, Ben & Megan - The Podcast - FULL: Trick Or Treat With The Boss..

Episode Date: October 30, 2022

Today on the Jono and Ben podcast it is halloween so we play trick or treat with the boss.... Ben recalls 90's sayings with his daughter and we talk to a great New Zealander who met the Queen!See omny...studio.com/listener for privacy information.

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Starting point is 00:00:00 The Hits, the Jono and Ben podcast. Kia ora, welcome, it's the podcast, 31st of October. I just see a, you know how you get notifications pop up on your cellular telephone, Ben Boyce. Yeah. One popped up saying Jacinda Ardern addresses rumours about her resigning and moving to New Plymouth. New Plymouth? New Plymouth of all places. I thought it was New York.
Starting point is 00:00:22 Yeah, maybe it's like the whispering game, you know, the message gets lost the more it gets handed down. I don't know if any of this is true. I heard she was moving to New Plymouth. I might be in New Plymouth. I thought New Plymouth was where we were the other day. It was a wonderful place. Beautiful place. Bigger than you think. Yeah, we had a lovely time. Devon Street and they've got the good
Starting point is 00:00:39 one-way system going on in there. Yeah, you get in that way, you get out the other way. Jeez, we felt loved in New Plymouth. It waslymouth. We were wandering down the road and the first thing we get out of the van, there's a gang member honk, honk, how are you guys? Yeah, kids almost got run over trying to get across the road. They're like, don't wait, we'll come to you. Felt like the bloody Beatles turning up. Halloween
Starting point is 00:00:56 tonight, of course, 31st, you just said. That's exciting. Yeah. At the weekend, my wife and I were wearing some Ghostbusters costumes that we had at work that we borrowed over the weekend. But I was thinking now the Ghostbusters in 2022 we had at work that we borrowed over the weekend but I was thinking now with the Ghostbusters in 2022 because you know
Starting point is 00:01:08 it was the whole song was who you gonna call like nowadays it'd be like maybe text you know text is probably a lot better you know
Starting point is 00:01:15 maybe don't it's a conversation it's not me producing jobs jeez jeez like we have a conversation without like, I already lack confidence.
Starting point is 00:01:29 I'm just having a conversation about some of the stuff. He doesn't need snarky sneer drums. He's a snarky mate from Gen Z's, buddy. You're like, mate, I'm talking to your generation. Like, if you're a ghostbuster, you'd be like, don't call, like Snapchat me or something. You wouldn't be like, yeah, or maybe, you know, don't ring for a private number if you are going to call
Starting point is 00:01:45 because I'm not going to answer that. Jesus, nothing humbles you more than a snare drum, does it? No, it takes the oxygen out. What a dick move, eh? But no, you're right. Don't worry about it, mate. Don't worry about it, mate.
Starting point is 00:02:00 Get another podcast. All right, you go. I'm going to go get a coffee. Come on. All right. If you're here for advice on life, you're in big trouble. Jono and Ben on the podcast. All right, here you go. I'm going to get a copy. All right. If you're here for advice on life, you're in big trouble. Jono and Ben on the hits. Now, we were talking the other day about my daughter, Indy.
Starting point is 00:02:11 Kids, they don't quite get all the sayings that often you use. It comes as you get older, you start learning the sayings. There was an assignment I was telling you about the other day that I helped my daughter, Indy, about. I was quite invested in it. I was like, what did the teacher say? And eventually, Indy's like, well about the other day, they helped my daughter Indy about, I was quite invested in it. I was like, what did the teacher say? And eventually Indy's like, well, the teacher said,
Starting point is 00:02:28 up, up and away is what she described my assignment. Indy went up, up and away. And now eventually we worked out. You were a little upset by that feedback. I was like, what does that mean? You went wandering around for about three or four hours going, what does up, up and away mean? Is it a good thing?
Starting point is 00:02:39 Is it a bad thing? Yeah, and then eventually I worked out it was above and beyond. Which is the same as up, up and away was above and beyond i was like which is the same as up up and away for a kid that's the same thing uh but but but not for me not who'd worked hard on that assignment with indy now who had gone above and beyond in that assignment yeah probably me i'd probably gone above and beyond and indy had gone up up and away she's getting all the rewards you're doing the hard labor in the background uh but then i had an incident over
Starting point is 00:03:04 the weekend where my daughter, Sienna, now she's a bit like me. She's a talker. She'll chat. She'll just keep chatting. And she was talking about wanting to go to the mall with a friend one day.
Starting point is 00:03:14 And I was like, yeah, that sounds sweet. But we'll just check with mum. Something's great. You've always got to check with mum. Just sign it off. I was just like, I don't know what we're doing on that day, but we'll just check with mum. Sign it off on the dot.
Starting point is 00:03:23 Yeah. And then later she was talking again about this, the mall thing. I was like, yeah, babe. Okay what we're doing on that day, but we'll just check with them. Sign it off on the dot. Yeah, and then later she was talking again about this thing. I was like, yeah, okay, we'll talk about it later when mum gets home. And then she continued to talk about it. Badgering. Are you still banging on about this? Great technique. And I pulled out a 90s saying, a saying I hadn't done for a while.
Starting point is 00:03:39 I was like, Sienna, call someone who cares. Well, I hadn't said it for a while, but at the time it felt good. I was like, call someone who cares. Because I hadn't't said it for a while. At the time, it felt good. I was like, call someone who cares. Because I hadn't said that to probably like I was a kid. At the time, it felt good or did it feel mean? A kid in the 90s. Well, she didn't quite understand it. She's like, well, what's the number of that person?
Starting point is 00:03:54 Well, that's the thing. So I went away to another room. And then I came back in a few minutes later and seen it on my phone. I'm like, what's going on there? And she rang a random friend of mine just out of my phone and was starting to explain to them, a very confused individual, about wanting to, she's like, Dad wants to say, doesn't want to go to the mall, doesn't want to go to talk to Mom.
Starting point is 00:04:13 I thought you might care. Yeah. I had to have the, you know, when you pick up the phone and then you have to have this conversation with a mate, you're like, yeah, so anyway, so what's going on? 20 minutes later, I'm like. Did your friend care? Well, no.
Starting point is 00:04:25 Or did they have other stuff going on? 20 minutes later, I'm like, did your friend care? Well, no, not that bad. Or did they have other stuff going on? They did. But then you feel obligated to have a conversation with this person. So 20 minutes later, I'm like, mate, I'm really in deep in this conversation. I'm calling someone who cares. It was a wonderful play, though. And so did she end up getting the pass? Yeah, she did.
Starting point is 00:04:39 She ended up getting the pass. Someone cared in the end. But I was like, oh, yeah, well played. Well played, Sienna. Outsmarted by a 12 year old. Look out! Scary dinosaurs. Not Jurassic Park. It's these guys.
Starting point is 00:04:52 Jono and Ben on the hits. Halloween tonight. Trick or treat. I've just been fed a wonderful ad from the Avocado Association of New Zealand telling me how to make some avocado Halloween treats for the kids. I can't help but... I love avocado. I want to get that out of the the kids. I can't help it. I love avocado.
Starting point is 00:05:06 I want to get that out of the way. But I can't help but feel you'll be disappointing masses of children. They came to your door and you're like, look, guys, it's avocado shaped like a ghost. I don't know how expensive these are and how long it takes for them to ripen. You enjoy those. But yes, it is Halloween. But Ben and I kind of got the jump on Friday, didn't I, with Halloween and scaring you.
Starting point is 00:05:25 I had to catch you off guard. We went to the wonderful Yolanda at Body FX and she painted me up like a frightening clown, sort of clown you wouldn't want at a four-year-old's children's birthday. There's a photo on the Hits Breakfast and there's going to be a video coming out later today. You're frightening. Yeah, I mean, but I tell you what, nothing makes you feel more popular than wandering around like a serial murderer clown everyone's like can i make it i'm a selfie like i was bloody the king sitting on my throat all day didn't you kept it on all day
Starting point is 00:05:56 so you gave me a fright you waited for me at the work garage i was going to go when i was leaving to get my car and here's a little snippet of it yeah yeah i even played the music live too uh but you'll see orchestra there with you it's a massive prank uh but you can see that stitch up on being on the hits. It was very good. Another little surprise for me waiting in my car as well. It totally got me. I'm running away.
Starting point is 00:06:31 In those moments, you're like, I wish I looked cool, but I ran out of my car screaming into the car park. So you can catch it on the hits breakfast on Facebook and Insta. We'll get that up later on today. But like you said, I had the full clown makeup on. We had to have a semi-serious meeting after the prank, Ben. We did. And I didn't have time to remove the makeup,
Starting point is 00:06:53 and then I was like, well, I've spilled over now to, I'm just going to have to go straight to school and pick up Oscar, my son. So then I'm sitting outside the school gates dressed as a clown too, and, oh, the kids were loving it. They were loving it. Parents wouldn't be loving it, looking at you like, who is this weird guy outside the school gates, dressed as a clown too. And, oh, the kids were loving it. They were loving it. Parents wouldn't be loving it, looking at you like, who is this weird guy outside the school gates?
Starting point is 00:07:09 The kids were loving it, apart from my son, Oscar, who came back and was like, dear God, these are the days where you really realise what your dad does for a job. Can I take the bus? Can I take the school bus or something, mate? Hugely embarrassing.
Starting point is 00:07:24 But the sad thing was, Kim, our mate we bumped into, she recognised me. She's like, G'day, Jono. Oh, it definitely looked like you. I've seen you look like that after a few nights out, that's for sure. And not afraid to use the F word. Be family friendly fun. Jono and Ben
Starting point is 00:07:39 on the hit. Friday Jams Live hitting Auckland in just over a week's time, 13th of November, Western Springs Stadium. Tickets on sale from Ticketmaster.co.nz. Macklemore, TLC, Akon, Shaggy and more. It's going to be awesome. All the big bangers and you can meet and greet them all. Every day this week.
Starting point is 00:07:58 We're giving away meet and greets with everyone, aren't we? We are a different person, different band each day. Yes. Different artists each day. So like Macklemore will be one day. Today is TLC. Yes, that's what we're focusing on. And who have you met and or greet?
Starting point is 00:08:14 You sometimes bump into people, don't you? In toilets? Planes? They can't escape you on a plane if you're sitting next to them. No, that would be every celebrity's always worst nightmare. Like I mentioned a couple of weeks ago, I had the honour of
Starting point is 00:08:27 sitting down next to a guy who worked for Elon Musk. He was a space guy. And he just wanted to get out of your space. He was like can I hop in a rocket now and leave this conversation? But he was really interesting to talk to. His big takeaway, big takeaway for Jay Pryor from that conversation, from me
Starting point is 00:08:43 punishing him, was he reckons space travel for every man, woman and child will be affordable within the next 10 or 15 years. He reckons you'll go out for a weekend in space. Although Shatner went up there and he said it was boring. Elon Musk, oh, Bezos took Shatner up there and Shatner was like, ah. I guess once you're up there, you're like, oh, yeah, I've seen it now. Yeah, put me down now. But you've got to stay there. Mike, you're on.
Starting point is 00:09:08 Welcome. G'day. How you doing? Yeah, good. Would you like to meet in Greek TLC, Mike? Oh, I'd love to meet in Greek TLC. All right. Well.
Starting point is 00:09:17 I fantasized about those guys since I was a young kid. Well, here's a tip. Don't lead with that. Don't start with that. Oh, come on. here's a tip. Don't lead with that. Don't start with that. Oh, come on. That's for sure. I wouldn't know. That might get you
Starting point is 00:09:28 exited from Friday Jam for life. Guys, I've fantasised about you for years. Yeah. Okay, so who have you actually met? Who have you met
Starting point is 00:09:35 before? Oh, I've met the Queen. Wow. I fantasised about you since I was a child. No, not quite. Where?
Starting point is 00:09:44 How? Oh, well, I worked in London and I worked at the Royal London Hospital in Whitechapel and I decided to take a sneaky half day and walking down the foyer and all of a sudden all these heavies turned up and they cordoned off the foyer and I said what's going on they said nothing to see here type thing and we probably weren't allowed to leave and there was only about three or four of us in the main foyer there of the Royal London and the next thing this little woman with a grey head turns up and she walks past and she goes hello, hello
Starting point is 00:10:13 and I thought I'd be a bit cheeky here and I turn around and says G'day Your Majesty, how you doing? And she stops and she looks and she says to me Hey you're not from around here are you? And I said no Your Majesty I'm not and she looked at me and said well which one of my realms are you from? And I said, oh, I'm from New Zealand, Your Majesty. And she says, oh, lovely.
Starting point is 00:10:29 And what do you do? And I told her that I work for the Royal London. And she said, oh, well, lovely. I must be going now. I'd love to talk to you. And that was it. Oh, that is adorable. Oh, great meeting with the Queen there.
Starting point is 00:10:42 You broke all sorts of protocol. You did. Yeah, and nine times out of ten when people go, nothing to see here, there's always something to see. You're right, actually. Not nine times out of ten, 100% of the time. Yeah, 100% of the time. There's always going to be something to see.
Starting point is 00:10:56 Hey, well, Mike, you are going to be seeing all of the great artists at Friday Jams and also meeting and greeting. Only if you promise us not to lead with the whole fantasy thing. Yeah, yeah. I'll come and void our damsel more changes than you'll ever do. Oh, yeah, mate, but that's not ever. Good on you, Mike. Y'all have a great time at the concert, eh?
Starting point is 00:11:15 Cheers, mate. Will do. Ta. Hoping today will start well. Too late. You're listening to these guys. Jono and Ben on the hits. Now, it is Halloween today, and producer Joel yesterday in our group chat
Starting point is 00:11:25 went, should we dress up? Because he likes to bring the morale he's saying to the office. He sent a company wide email last week about trying to dress up. Formal Friday. So everyone in tuxedos and ball gowns and things and obviously today being the day that it is does lend itself to a dress up.
Starting point is 00:11:42 And so yesterday Joel said well we'll all come in, you know, bring a costume. Ben, you've come dressed in a full skeleton outfit. Yeah, I've got my skeleton ones. I've fully committed to it. I feel like you and Joel, yeah, yeah, you dip your toes in.
Starting point is 00:11:53 I've bought a cape in. You should be proud I bought anything in. You know me. You've worked with me for many years. It's a half-hearted cape. Yes, it's half-hearted.
Starting point is 00:12:03 It's... But you're right. Yeah, well done. We're remembering it first. A vampire, sort of a vampire. I could take it off at any moment and just continue on my day normally, but producer Joel forgot, didn't he? He did.
Starting point is 00:12:14 He forgot. I did not forget. Well, you know what? You've come dressed like you normally would, but now you've put a mask on, which is a strange sort of weird sort of mask, almost like a caveman mask. Well, then you've got like a growth on your forehead. Is it a bottom? Is it a bum?
Starting point is 00:12:29 A bum on your forehead. I can't really talk very well with it, but it's a bit of a, it's like a mutated mask, I think. It's scary. Did you bring this in or did you find this in the office? I brought this in. I was at my parents' house last night with not a lot of options, but I brought it in and I thought it'd be a good idea, idea you know it feels like you purchased that from a costume place and that master was very toxic to your face and very flammable i don't know what chemicals are rubbing straight onto your cheeks right now uh but it's right it's kind of like a hunchback sort of
Starting point is 00:12:57 yeah you know you'd lock them away in the dungeon and who's in there and you put that on with it yeah so it's halloween today i had a halloween party over the weekend which was fun getting into the spirit yeah oh poor guy though because we ordered some pizza and i had my you know i'm talking about my dummy i've got a full-size mannequin dummy and i had it sitting out on the by the front with a mask on you know so it looks sitting there like i guess it looked like a person and i ordered some pizza and the guy rang from the driveway going i don't know if i should come in or not because there's someone sitting on your doorstep. Oh, he's frightened. I was like, oh, that's not a real person, mate, but I guess in the dark, yeah, the poor pizza
Starting point is 00:13:30 guy was like, what's going to happen? Well, what a lovely pizza guy as well. If I was doing that, I would have just left them on the roadside. Pizzas are on the footpath, come and grab them. Some weird guy passed out on the porch. Yeah, I think that's probably what he thought. Producer Bee Humps has come as a cowboy.
Starting point is 00:13:46 He's in a full denim suit, denim shirt, denim, and he's got that sort of thing that you, it's like a tie, but it's not a tie. Yeah, the cowboy tie, yeah. You know? Yeah. Definitely voted Trump. Definitely voted,
Starting point is 00:13:58 he definitely tried to make America great again, didn't he? To be fair to B-Humps, you know, he's from fairly normal, I didn't even know he dressed up. I just thought he was trying something slightly, you know, just a little cowboy boots.
Starting point is 00:14:09 Now, two guys with tertiary broadcasting qualifications prove C's get degrees. Jono and Ben on the hits. It's just another
Starting point is 00:14:18 motivational Monday. Getting the week started right, aren't we? Like an unleaded petrol pump filling your tank up with motivation
Starting point is 00:14:25 or sticking our plug into your slot if you're an EV driver. But Ben, this is quite a... I feel like this is one that would apply to everybody. And it's about fear. And it's from an Indian guru that I found on Instagram, the best place to find inspiration. Have a listen. Fear is not about something.
Starting point is 00:14:46 Fear is just your inability to manage your thoughts. They are running away ahead of you. Fear is always about something that's yet to happen, isn't it? So that means you're suffering something that does not exist. 99% of the human population is in this condition. They are suffering things which do not exist. What happened 10 years ago, they still suffer. What may happen day after tomorrow, they already suffer.
Starting point is 00:15:19 What happened 10 years ago does not exist right now. What may happen day after tomorrow does not exist right now. But things that don't exist, they suffer. There you go. Don't have to sit there suffering something that is not happening. So, Ben, that serious fraud investigation that's coming up. That I'll be worried about. The embezzling of the fund.
Starting point is 00:15:38 Don't worry. Don't worry about it. It's not happening yet. Yeah, but it will happen, and I'm going down. But, hey, you're right. But you're right. I know, I know. It would be aggravating living with someone who lived their life like that.
Starting point is 00:15:50 When you start stressing about something. But it is one of those things you do know sometimes. You shouldn't worry, but it's hard not to. It's easier said than done, but it's lovely what... I mean, yeah, he's raised a point. But how do we stop doing it? I know, that's the question. I get it, but he's raised a point. Yeah, but how do we stop doing it? I know, that's the question. Like, I get it, but it's a great question.
Starting point is 00:16:07 So you're right. And you're worrying about a lot of stuff that... It's not happening. It's not happening. It's stuff that's been. Yeah. It's not going to happen again. Yeah.
Starting point is 00:16:14 Yeah, cool. Well, geez, there we go. Stop stressing, guys. Hoping today will start well. Too late. You're listening to these guys. Jono and Ben on The Hits. Ben, I need to apologise to you
Starting point is 00:16:26 In fact the whole team here On the Hits Breakfast Show Because something I'm doing online Is having an immediate effect On your accounts Well it has been for a while Now I'm buttoning off clicking on the links Do you not click on them now?
Starting point is 00:16:39 No I'm not Because what I do is on Instagram I enjoy watching children get hurt. You do, yes, you do. And I enjoy, there's a cute little fella called Hasbulla, who's tied in with the UFC. Hugely popular online, eh? Hugely popular, yeah.
Starting point is 00:16:57 He is from a part of Russia, so he's Khabib, if you know much about the UFC, he's one of the fighters. He was tied in with his camp somehow. I don't know too much about it, but I love his baller. He's adorable, and he's got a growth hormone deficiency. So he's 20 years old or something, but he's only 100 centimetres tall. So he has the attitude and sort of disdain of a 20-year-old, but he's 100 centimetres.
Starting point is 00:17:21 I like to call him a violent baby. He's become a big social media super star. You see him hanging out with Shaquille O'Neal, doing interviews around the world. He's massive. But the problem is I've clicked on so many Hezbollah videos that the internet,
Starting point is 00:17:38 the algorithms have gone, this is what you like. This is your thing. So now, all I get fed is videos of adorable little people, like little dance troupes and all sorts of stuff. And now I forward all the videos on to you as well. Yeah, you forward it off. I remember my mum,
Starting point is 00:17:57 when she used to clip out things from the paper. That's the equivalent. You're doing the modern day equivalent of clipping out things. Children are getting hurt. You send me a lot day equivalent of clipping out things. Children getting hurt. You send me a lot of videos of children getting hurt. Yeah, I know. Do you see the one at Teppanyaki I sent over the weekend? I'm still clicking on them now.
Starting point is 00:18:13 Because I don't want my algorithms with children getting hurt. Like, I don't enjoy children getting hurt as much as you do. You're like, jeez, I love watching children getting hurt. Comically, though. They're not like, it's not like decapitated or anything. So the teppanyaki chef, he flicked, you know how they cook on the thing,
Starting point is 00:18:28 they flick the egg. The kid, he flicked the egg and the kid was meant to catch the egg, you know, as they do. And he put his head forward and went bang into the plate. Plate came flying off the table.
Starting point is 00:18:39 Anyway, it's funnier if you watch it. If you actually clicked on it, you'd enjoy it. But that's the problem with the internet. You click on something once, and then the internet assumes that's your sole reason for being.
Starting point is 00:18:48 YouTube as well, too. You get fed ads. Oh, I click on one wig ad. And they're like, he's a wig guy. And all the ads are wigs, wigs, wigs, hair loss, blah, blah, blah, you know? It's a problem with algorithms. And it's a confronting look into your habits, isn't it? An algorithm.
Starting point is 00:19:04 Yeah, and they're really smart too. You will Google something and then the ads you get fed, like you say on YouTube or even if you go to websites when you're reading news, you get fed stuff for that. It's pretty crazy. Like if you click on an item of clothing on ASOS or something, a pair of jeans, you're just going to get pestered and bombarded with an ad for that pair of jeans until you finally cave in and buy it.
Starting point is 00:19:24 And then the internet is like, job done. Even when you sometimes put it in your cart and then you go, no, no, I don't need these. You go away. Then they'll pop up and go, hey, you still looking for these jeans? They're sitting there waiting. Oh, now they're discounted.
Starting point is 00:19:36 Yeah, you're like, jeez. Oh, they're relentless, I tell you. Now two guys with tertiary broadcasting qualifications prove C's get degrees. Jono and Ben on the hits. We're talking cryptocurrency right now. It's one of those things that I just don't know enough about. No.
Starting point is 00:19:51 I hear a lot about it, but I don't know anything about it. So we're going to ask all the questions that we want to know and hopefully that you want to know as well with a cryptocurrency expert. His name is Ben Rose. He's from Binance and he joins us right now. How are you, Ben? I am very well, thank you, sir. How are you? I love it. You can, thank you, sir. How are you?
Starting point is 00:20:05 I love it. You can morphinate your name together to be Brose. I've been called a lot worse, so that's all good. We did a Brose. We did, actually. A Brose wine. Yeah, a limited edition Brose. I made a wine myself when I was a little bit younger,
Starting point is 00:20:19 called it Benjale. It was disgusting. Benjale. Now, Ben, you're the general manager of Binance, which is one of the world's leading crypto trading organizations. They've just come to New Zealand. We're really going to dumb things down because we don't know a lot about it. First question I want to know, how do you spell crypto?
Starting point is 00:20:37 Because that always trips me up. C-R-Y-P-T-O. Well done. Good first question too, Ben. Good first question. Next question. Obviously, you can use crypto to pay stuff online, but can you use it for other stuff?
Starting point is 00:20:50 Yeah, you can. You can. So some retailers accept it. Overseas, big companies like Starbucks and Microsoft are accepting it. You can buy flights on Emirates with it. Some companies, including Binance, have a Binance card, which is basically like a MasterCard credit card where you can spend your crypto when you want to go and buy coffee
Starting point is 00:21:07 in any normal kind of retailer. The question I have about crypto, so you've got this online currency, you've got your wallet, you have an X amount of dollars in there. Can I go to an EFTPOS terminal and take that money out and turn it into cash that I'm holding in my hand? Yeah, you can. You can. So there are crypto ATMs that some companies launch,
Starting point is 00:21:26 but also businesses like us, we allow you to sell your crypto. So with Binance, you can buy crypto, you can trade it, but you can also sell it into New Zealand dollars. It seems like for me, from the outside looking in, that can be a bit volatile at times. Is it, you know, like, should I be scared of it? I'm always scared of new things. Or should I try and embrace it?
Starting point is 00:21:44 What do you reckon? So, look, it's an investment asset like lots of different others. So if you're getting into shares, for example, you know that that's going to go up and going to go down. So crypto is the same. So like anything, you just need to do your own research and get educated before you get into it. You know, you can make big gains, but you can also make big losses. So education is the key. To me, it feels like one of those things in 10 years, I'm going to be like, Pryor, why didn't you?
Starting point is 00:22:08 When you get into crypto, you spoke to Brose, you spoke to Ben Rose, we had a chat, we had a laugh, he made a wine, we made a wine. You didn't do anything about it. Didn't do anything about it. Is it the future? Will you see your traditional currencies disappearing and the world turning to one unified currency that is crypto?
Starting point is 00:22:26 A hundred percent is the way that it's going. So already about one in 10 Kiwis has got some sort of digital asset. A lot of central banks around the world, including ours, are having a look at creating their own digital currency. So definitely it's the way, it's the way of the future. So Bitcoin, that's just one of the types of cryptocurrencies, right? Yeah, it was the first one and it's still the biggest one. But there are, I mean, there are literally thousands.
Starting point is 00:22:51 We list about 350 on our platform, but Bitcoin would be the best known and the biggest one. Taxing, what's happening with taxing? Are we getting text on this? Yeah, so the IRD recognise crypto as a digital asset. So when you sell it, if you make a gain or you make a loss, you pay tax on it just like you would with shares. Because I imagine a lot of people might think that you can use crypto like I would like to use crypto, go onto the dark web
Starting point is 00:23:14 and buy an exotic white elephant from Africa or something. Can you do that? Could I buy an elephant? He's not going to recommend that. So I'll give you a stat. I'll give you a stat, right? So recent survey that the UN did, they reckon about 5% of traditional money is proceeds of crime, but you just wouldn't know because you can only launder it and then you can't trace it. Crypto is about 0.15%. So there is a bit of that, but the difference with crypto from traditional money is you can track every single transaction. Absolutely like any kind of money, you know,
Starting point is 00:23:46 the wrong kind of people can use it, but at least with crypto we can find it out and get rid of them. Now, because I hear the odd news story of, oh, this poor guy, he bought Bitcoin back in the day and he's got $920 billion worth of Bitcoin, but he forgot his password. And so he can't access the money. Like, is that an area of concern yeah so
Starting point is 00:24:07 it's a new technology so you've got to work it out and learn about it before you get into it but there are um there are lots of ways to keep keep your money safe there are different kinds of wallets that you can have but you know one of the things that we always advise is uh take a record of your of your passwords really important But it's the same with the traditional financial system. When it first came out, pretty complicated and not regulated initially. So yeah, absolutely, that's the case. But work with big companies like us and we'll help you get your head around it all before you get into it. Binance, the name of the company, it feels like we've been presenting an
Starting point is 00:24:45 infomercial, but it's actually been really interesting talking to you, Ben. It really has. Awesome. Glad to enjoy it. And look, just to give you a sense of the scale of crypto, so we do about 2 million transactions a second, and we do about 100 billion US dollars trading a day. This is
Starting point is 00:25:01 a thing. So we're new in New Zealand, but globally we're going to catch up with the rest of the world, and this This is a thing. So we're new in New Zealand, but globally, we're going to catch up with the rest of the world. And this is a growing thing. Yeah, there's definitely a few people folding their arms here in New Zealand going, oh, I don't trust it yet. But I think you might have turned them. So if people want to find out more about Binance, Ben, where do they go? They go to Binance.com slash PNNZ or just Google Binance and it'll take you there. Thanks very much, Ben. That's really interesting.
Starting point is 00:25:25 Before 7 o'clock this morning, we've got $5,000 to be given away. We might put it into Bitcoin. We might just give you cash.

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