Democratic Shift: Congressman Ro Khanna symbolizes a shift in the Democratic Party towards cryptocurrency. Despite challenges from older members, younger Democrats are pushing for pro-crypto policies, indicating potential support for the digital economy in future leadership.
Democrats are beginning to embrace cryptocurrency, with Congressman Ro Khanna leading the charge. Although the party has seen more support from Republicans in the crypto space, younger Democrats like Khanna believe a shift is happening. They aim to integrate pro-crypto policies into the Democratic platform, pushing against older members who are traditionally anti-crypto. As the landscape changes, there is hope that as these newer figures rise to power, they will advocate for a more friendly regulatory environment for cryptocurrencies under future Democratic leadership, particularly if Kamala Harris were to be elected again. This progression indicates a growing awareness of the financial innovation that crypto brings, suggesting that the party's future may align more closely with the emerging digital economy.
Crypto Conversations: Despite its significance, cryptocurrency was overlooked in debates. Efforts are underway to engage the government for better understanding and regulation of crypto to foster innovation and safety in this dynamic financial realm.
In recent debates, cryptocurrency did not come up, highlighting a gap in national conversations despite its financial importance. Cryptocurrency serves as a modern store of value, payment method, and innovation platform. As its use grows, clearer regulations and recognition from the government, especially the Biden team, are crucial for its future. Many in the crypto industry feel that silence and restrictive regulations could hinder innovation. Meetings with industry leaders aim to bridge this gap and push for a better understanding of crypto's potential benefits and regulation needs. Education and proactive dialogue between crypto advocates and lawmakers may lead to more informed policies surrounding digital currencies, paving the way for growth and innovation in this evolving financial landscape.
Crypto Progress: Younger Democrats are driving a more positive view of crypto in the party, promoting better regulations and recognizing its importance to attract younger voters. There's progress, but more work is needed to fully embrace crypto for the party's future.
There is a growing recognition in the Democratic Party about the importance of crypto and Bitcoin, particularly among younger members. Although older members have been more skeptical and cautious, there is hope for a shift in attitudes as younger voices gain influence. This could lead to better regulations and understanding of the crypto space, which is important for attracting younger voters who care about these issues. Recent changes in voting and opinions from some leaders show progress, but there is still work to do to fully integrate crypto into the party's agenda. As more people see the value and potential of crypto beyond speculation, it's crucial for the party to adapt and represent these views to appeal to the next generation of voters. Overall, the evolving dynamics suggest a gradual but positive movement towards a more accepting stance on cryptocurrency.
Crypto Politics: Concerns grow about crypto policy if Kamala Harris wins. Advocates seek reasonable regulations to support innovation, especially for male voters and those in oppressive regimes. A platform that promotes self-custody and secure transactions is crucial for America's future in finance.
In the upcoming elections, there is a significant concern regarding how cryptocurrency policies will be managed. Many believe the Democrats are missing an opportunity to connect with male voters interested in crypto by not addressing it more aggressively. If Kamala Harris wins, there are fears that the current anti-crypto stance might continue, impacting the growth of decentralized finance in the U.S. However, there are advocates within Congress pushing for more reasonable regulations, aiming for a platform that supports innovation, secure transactions, and self-custody of digital assets. The hope is to establish clear commitments that encourage financial progress while ensuring protection for users globally, especially in regions facing oppression or economic instability. It’s essential for political leaders to recognize the importance of crypto innovation for America's future economic leadership in the digital age.
Crypto Politics: Bitcoin and crypto are gaining political support, especially among Democrats. Educating lawmakers about their benefits could help bridge gaps and foster bipartisan innovation in regulation.
Bitcoin and cryptocurrency offer new forms of payment and value, especially beneficial for people under authoritarian regimes. The Mantle Layer 2 platform attracts developers with its efficient architecture and supportive team, allowing builders to tap into DeFi yields and rewards. Political support for crypto in the Democratic Party is growing, but many lawmakers still lack a clear stance. Advocates suggest that educating constituents about the benefits of crypto can help sway undecided politicians. Engaging with lawmakers and sharing real-world examples of how crypto can facilitate payments and protect rights in oppressive countries can foster a bipartisan approach to regulation that promotes innovation.
DeFi Regulations: Congress is shifting towards clearer regulations for cryptocurrency and DeFi. While stablecoin policies may progress, DeFi poses challenges due to its structure. Educating legislators is crucial to enable innovation while safeguarding against risks.
There's a growing awareness in Congress regarding the need for clear regulations in the cryptocurrency and decentralized finance (DeFi) space. While stablecoin legislation is likely to progress as it aligns with pro-dollar policies, DeFi presents challenges due to its lack of intermediaries and alignment with traditional regulations. Democrats are encouraged to embrace DeFi, recognizing its potential to empower underrepresented groups and reduce costs by eliminating fees associated with conventional banking. However, regulators remain wary of the risks of scams and frauds inherent in permissionless finance. Educating legislators is vital, particularly around the transparency and reduced illicit activity on blockchain compared to traditional finance. There needs to be a balanced approach that allows for the innovation in decentralized finance while ensuring consumer protections through thoughtful regulation that evolves with technological advancements.
Crypto Education: Educating Democrats on crypto's benefits is crucial, especially regarding illicit finance. Single-issue crypto voters should seek clarity from candidates and remain engaged while also considering broader issues affecting society.
Educators like Ryan and myself are trying to help Democrats understand the benefits of crypto, especially in terms of fighting illicit finance. We need clear communication about specific issues like the Bitcoin mining activities in Iran and how they relate to authoritarian practices. It's important to highlight that decentralized finance promotes classical liberal values, which can challenge totalitarian regimes. Single-issue crypto voters find themselves torn between candidates, especially with a perceived lack of clarity from Kamala Harris on crypto. Voters are encouraged to consider other important issues, but those focused solely on crypto should stay engaged and hopeful for more concrete stances from Democratic leaders as the election approaches. We need to remain patient and supportive as the Democratic party works on outlining its positions. Continuing education and dialogue can help bridge the gap between party leaders and responsible crypto policies.
Crypto & The Democrats | Rep. Ro Khanna
Bankless
957 Episodes
Recent Episodes from Bankless
The Very Serious Impact of Misinformation | Nico Perrino
In this episode, we sit down with Nico Perrino, a leading advocate for free speech and individual rights, currently serving at the Foundation for Individual Rights and Expression (FIRE). Nico shares his views on the increasing government control over digital speech, the role of social media, and how misinformation and disinformation are shaping our society.
We dive deep into the debate around censorship, the dangers of having a "Ministry of Truth," and the future implications of AI on free speech. Whether it’s the growing concerns about misinformation or the battle between government intervention and freedom of expression, Nico gives us a fresh perspective on navigating these complex issues.
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚡️CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance
------
TIMESTAMPS
0:00 Intro
2:46 Nico Perino: Free Speech Advocate Introduction
3:17 Social Media Misinformation & AI Concerns
7:14 Debating 1984 & Ministry of Truth
11:49 Misinformation, Fractured Sources, & Consensus
16:36 John Kerry on Governance & Free Speech
21:56 Fractured Truth: Media Referees & COVID
23:26 Morlocks Trap: Conspiracy Theories and Control
24:23 Misinformation Amplified by Algorithms & Bias
32:56 AI as a Tool for Finding Truth
36:59 Misinformation vs. Disinformation
39:58 The Pavel Durov Case
46:50 Comparing Telegram & Apple Encryption Cases
48:05 Brazil's Ban on X & VPN Penalties
52:58 Balkanization of the Internet and Free Speech
56:10 UK Online Safety Act
59:46 Global Misinformation Laws: Australia to U.S.
1:08:00 Government's Role in Protecting Free Speech
1:12:50 Bottom-Up Solutions for Truth & Speech
1:20:23 Inevitability of Censorship's Failures
1:22:33 Advancing Free Speech
1:23:01 Closing & Disclaimers
------
RESOURCES
Nico
https://x.com/NicoPerrino
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
ROLLUP: World War Threat | North Korean Hackers | Vitalik Roadmap Updates | Visa Platform On Ethereum
In this episode, we discuss escalating global tensions and their impact on crypto markets, questioning whether Bitcoin is a risk-on or risk-off asset in times of instability. We cover legal developments around Tornado Cash, the potential for an XRP ETF amid SEC scrutiny, and Visa’s new fiat tokenization platform on Ethereum. Plus, don’t miss details on the upcoming Kain vs. David fight at Permissionless!
------
📣 0x v2 | NEXT GEN PRICING ENGINE
https://bankless.cc/0x
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/73?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS & Resources
00:00 War And Crypto
https://x.com/PeterKwoba2/status/1841177421179183405
https://x.com/lexfridman/status/1841253627190517785
https://www.coindesk.com/markets/2024/10/02/bitcoin-regains-61k-in-worst-start-to-most-bullish-month-as-israel-iran-tensions-rage-on/
https://x.com/legendarygainz_/status/1840733999930413127
https://x.com/VitalikButerin/status/1840944416997195974
08:49 Markets
https://pro.kraken.com/app/trade/btc-usd
https://farside.co.uk/btc/
https://x.com/NateGeraci/status/1840036803404800018
https://www.coingecko.com/en/global-charts
12:26 L2 Update
https://l2beat.com/scaling/summary
https://www.growthepie.xyz/chains/ethereum
https://www.coingecko.com/
17:57 Rate Cuts
https://x.com/Cointelegraph/status/1840819209879896455
22:58 Tornado Cash Updates
https://x.com/BanklessHQ/status/1839408070524547246
https://www.theblock.co/post/318417/tornado-cash-founder-roman-storm-to-face-trial
https://x.com/jchervinsky/status/1839478184808460325
https://juicebox.money/@defend-roman-storm
32:21 Ripple ETF?
https://x.com/BitwiseInvest/status/1841464422557954168
https://x.com/NateGeraci/status/18412784213655720187
https://x.com/EleanorTerrett/status/1841586154258285021
35:10 SEC Director Updates
https://x.com/SECGov/status/1841548406029754524
https://x.com/GOPMajorityWhip/status/1841560880955158916
https://x.com/jchervinsky/status/1841572472195305651
38:57 Visa Launch On Ethereum
https://blockworks.co/news/visa-to-help-banks-test-tokenized-assets-smart-contracts
40:30 Vitalik On Alignment
https://vitalik.eth.limo/general/2024/09/28/alignment.html
https://x.com/RyanSAdams/status/1840026201999495332
43:08 Pectra Upgrade
https://www.youtube.com/live/PWhn8KdgCl8?si=2dyOikXU9ja7lbji&t=2762
https://github.com/ethereum/pm/issues/1153#issuecomment-2377002932
47:32 Coinbase's New Exec
https://x.com/jessepollak/status/1840929040854892966?s=46
48:14 Polymarket
https://x.com/shayne_coplan/status/1840033666723938669?s=46
49:01 The gm Heard Round The World
https://x.com/cz_binance/status/1839861237850497271?s=46
49:26 North Korea
https://x.com/skesslr/status/1841421864779833494
54:35 Fight Prep
https://x.com/TrustlessState/status/1841094626108748128
https://x.com/kaiynne/status/1841642359378829411
https://polymarket.com/event/hoffman-vs-warwick?tid=1727184262347
If you don’t have your tickets yet, Bankless has something for you!
Bankless listeners - 10% off tickets with BANKLESS10
Bankless citizens - 30% off tickets with the link in the shownotes
https://bankless.cc/PermissionlessDiscount
If you do have tickets and you are a Bankless citizen, don’t forget to sign up for the Bankless Meetup!
https://lu.ma/yj5pdeqe
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
CFTC vs. Uniswap, Prediction Markets, & Crypto | Commissioner Summer Mersinger
In this episode, we speak with CFTC Commissioner Summer Mersinger about the rapidly changing world of cryptocurrency regulation. Commissioner Mersinger provides a detailed look at the differences between the CFTC and SEC, their roles in overseeing digital assets, and how the regulatory landscape is evolving with DeFi and crypto markets. She discusses the CFTC’s recent dissent in the Uniswap case, the challenges of classifying assets as commodities or securities, and the implications of U.S. regulations on the global crypto industry.
Whether you're a crypto enthusiast, a DeFi developer, or just curious about how the U.S. government is approaching these new technologies, this episode offers invaluable insights into the future of crypto regulation.
------
📣0x v2 | NEXT GEN PRICING ENGINE
https://bankless.cc/0x
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
⚡️CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
------
✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/72?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
5:20 Commissioner Mersinger
8:20 CFTC vs. SEC Regulation Differences
9:44 Assets: Commodities vs. Securities
21:59 Consensus on Digital Assets as Commodities
26:03 CFTC vs. SEC Rivalry Dynamics
28:25 Bureaucracy a Feature or Bug?
29:34 Overregulation in Crypto: CFTC vs. SEC
36:15 Uniswap Case: CFTC Enforcement Action
47:41 The Regulatory Paradox of Decentralized Finance
1:00:09 CFTC Enforcement Decision-Making Process
1:02:02 Addressing Crypto Prediction markets in crypto
1:15:08 Engagement for Productive Crypto Future
1:19:52 Continuing engagement and conversation is essential
1:20:55 Closing & Disclaimers
------
RESOURCES
Commissioner Summer Mersinger
https://x.com/cftcmersinger
Commissioner Mersinger’s Dissent
https://www.cftc.gov/PressRoom/SpeechesTestimony/mersingerstatement090424
Uniswap Action
https://www.cftc.gov/PressRoom/PressReleases/8961-24
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Where is Ethereum Headed? | Mike Ippolito & Mike Neuder
The exploration of the Ethereum Roadmap continues.
Today on the show we’re bringing back Mike Neuder who was just on the show to give his defense of the Ethereum Roadmap and we’re also joined by Blockworks Mike Ippolito who brings a wealth of knowledge from around the crypto industry to add his thoughts to the conversation.
We cover the essence of Ethereum, the current state of rollups, value accrual and much more. We end the podcast with just overall bullish vibes and reflecting on what will take to make the promises of the crypto industry manifest in reality. Enjoy!
------
📣 JOIN US AT PERMISSIONLESS III
https://blockworks.co/event/permissionless-iii
🎉 REGISTER FOR THE BANKLESS PARTY
https://lu.ma/yj5pdeqe?tk=lIr2oe
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/71?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
7:29 The Essence of the Argument
17:50 Ethereum and Rollups
33:00 Ethereum’s Schism
40:23 Value Accrual
59:30 Nation State Resistance
1:04:52 The Bull Case for Crypto
1:10:03 What Will Take
1:16:25 Closing & Disclaimers
------
RESOURCES
Mike Ippolito
https://x.com/mikeippolito
Mike Neuder
https://x.com/mikeneuder
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Defending Crypto to the Middle-Class American | Austin Campbell
Do you remember the 2008 crisis? It left a mark on many of us, fueling a distrust of bankers and politicians, and leading us to crypto as an alternative to the broken system.
Today’s guest, Austin Campbell, a professor and former Chief Risk Officer at Paxos, explains how crypto, especially stablecoins, can protect everyday Americans from the risks of traditional banks. He’s here to show why the middle class should care about the future of finance.
------
🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-austin-campbell-interview
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/70?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
5:18 Austin’s Tweet Defending Crypto
13:55 How the Banking System Works
23:19 Who Manages Bank Risk?
32:37 Depositor Bailouts
41:36 Stablecoin Solution?
59:51 Stablecoin Impact on Banks
1:06:44 U.S. Payments Outdated?
1:10:15 Global Implications of Crypto Adoption
1:17:46 U.S. Regulatory Stance on Crypto
1:24:55 Anti-crypto Policy Motivation
1:32:13 Austin's Advice to Crypto Community
1:35:22 Closing & Disclaimers
------
RESOURCES
Austin Campbell
https://x.com/CampbellJAustin
Must Read Threads
https://x.com/CampbellJAustin/status/1817590780879397114
https://x.com/CampbellJAustin/status/1821591319816581469
https://x.com/campbelljaustin/status/1823362155984388226
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
ROLLUP: China's $500B Stimulus | Kamala's Pro-Crypto Pivot? | Gary Gets Grilled | EIGEN Unlock Incoming
This week we break down China’s massive new economic stimulus package, its biggest move since the pandemic and what it could mean for the global markets.
Gary Gensler faced intense bipartisan grilling in Congress, and Nic Carter dropped shocking new insights on ChokePoint 2.0’s legal implications. Plus, Eigenlayer’s token unlock is finally here after months of non-transferability. We’ll also dive into the key moments from Solana’s Breakpoint Conference. Buckle up.
------
📈 INDEX COOP | LEVERAGE TOKENS
https://bankless.cc/IndexCoop
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/69?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS & Resources
00:00:00 Kamala's Pivot?
https://www.theblock.co/post/318216/kamala-harris-says-us-should-become-dominant-in-blockchain-reiterates-digital-assets-in-economic-plan
https://twitter.com/standwithcrypto/status/1838327263953326469
https://x.com/EleanorTerrett/status/1839041447007342919
https://www.theblock.co/post/317636/vp-harris-says-shell-encourage-crypto-business-while-protecting-consumers-at-wall-street-fundraiser-bloomberg
https://x.com/TrustlessState/status/1838578494462189990
https://x.com/mcuban/status/1838667484905578704?s=46
https://www.axios.com/2024/09/23/harris-embraces-crypto-overture-young-men
https://x.com/Zachary/status/1839260651614568845
00:14:17 Markets
https://pro.kraken.com/app/trade/btc-usd
00:16:39 ETH Options Approved
https://x.com/EricBalchunas/status/1837240128588169587
https://x.com/kellyjgreer/status/1824168136637288912
00:19:16 Movers Of The Week
https://www.coingecko.com/en/coins/sei
https://x.com/VitalikButerin/status/1838809754002690403
00:22:10 The Beijing Bazooka
https://x.com/JustDeauIt/status/1839152089718538572
https://finance.yahoo.com/news/what-chinas-biggest-stimulus-since-the-pandemic-means-for-us-investors-morning-brief-100039804.html
https://x.com/deitaone/status/1839235182294913315?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g
00:29:55 The Roast Of Gary Gensler
https://x.com/BanklessHQ/status/1838602362841374762
https://x.com/BanklessHQ/status/1838613533061230618
https://x.com/BanklessHQ/status/1838621580546425045
00:38:25 Jail Updates
https://www.reuters.com/world/us/bankman-frieds-ex-girlfriend-ellison-be-sentenced-over-crypto-fraud-2024-09-24/
https://x.com/autismcapital/status/1838661563663945804
00:44:23 Crypto Bank Crackdown Exposed
https://x.com/nic__carter/status/1836858969241100776
00:54:25 EIGEN Unlock
https://x.com/eigenfoundation/status/1838270195246170553
https://x.com/JimmyRagosa/status/1839272870809076003
00:55:55 Solana Breakpoint Recap
https://x.com/solana/status/1837035324587028567
https://x.com/solanamobile/status/1836614409613119632
https://x.com/solanafloor/status/1837038360101007577?s=46
00:59:05 Telegram Founder Updates
https://www.bbc.com/news/articles/cvglp0xny3eo
01:00:32 Raises
https://blog.celestia.org/celestia-foundation-raise/
https://x.com/infinex_app/status/1838730410710446144
01:03:57 David Fight Updates
https://polymarket.com/event/hoffman-vs-warwick
01:08:26 Meme Of The Week
https://x.com/spreekaway/status/1837128008169095172?s=46
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Crypto & The Democrats | Rep. Ro Khanna
Representative Ro Khanna, a Congressman from California and a key advocate for crypto within the Democratic party joins us on today’s episode. We discuss his efforts to bring crypto into the mainstream, including recent meetings he's helped broker between the White House, the Kamala Harris campaign, and key figures from the crypto industry. We explore the challenges and opportunities for the Democrats to embrace pro-crypto policies, the potential future of crypto regulation, and how this could shape the party's platform moving forward.
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/68?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
6:08 Harris vs. Trump Debate Reaction
8:58 Kamala Admin's Crypto Silence
11:27 Pro-Crypto Meetings with Democrats
17:01 Biden, Warren, & Crypto Stances
21:43 Future of Crypto Under Harris?
24:09 Ideal Democratic Crypto Policy
27:37 Kamala's Plans for Gary Gensler
28:37 Crypto Advocates in the DNC
30:43 Convincing Undecided Democrats on Crypto
33:27 Future of DeFi Regulation
34:58 Explaining DeFi Benefits to Democrats
37:50 Educating on Crypto's Transparency
39:55 Crypto Voter Dilemma: Harris vs. Trump
42:18 Closing & Disclosures
------
RESOURCES
Rep. Ro Khanna
https://x.com/reprokhanna
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
In Defense of The Ethereum Roadmap | Mike Neuder
Is the Ethereum’s Rollup centric roadmap a Queen Sacrifice blunder? That’s the core question the industry is asking and Bankless has aired some of these dissents.
Today’s episode voices a counter to the doubters. Mike Neuder is an Ethereum developer and previous Bankless guest. He thinks the Ethereum roadmap is pretty great as is, it’s right on track, in fact, his message is to stay the course, play the long game, and watch ETH grow in value as a monetary asset as the Ethereum economy grows across L2s.
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/67?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
6:06 Why is the ETH Roadmap Great
12:38 Ethereum’s North Star
17:12 Property Rights
28:14 Rollups
33:20 Rollup Stages
47:38 Data Availability
1:06:25 Value Accrual for ETH
1:15:33 ETH as Money
1:21:35 Closing Thoughts
------
RESOURCES
Mike Neuder
https://x.com/mikeneuder
Mike Neuther Thesis
https://hackmd.io/@mikeneuder/ethesis
Max Resnick Pod
https://www.youtube.com/watch?v=FLUJ0uLye0U
Kyle Samani Pod
https://www.youtube.com/watch?v=7CMMLdVrtFE
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
ROLLUP: Rate Cuts Price Savior? | Trump’s DeFi Project | Vitalik’s Documentary
The Fed just cut rates by 50 basis points for the first time since the pandemic, how is the market reacting, should we be excited?
Trump revealed new details about World Liberty Financial. We’ll break down why they’re building it, who’s involved, and what’s going on with the token.
We also have a Tale of Two Chains: Bitcoiners watching Trump buy a burger with Bitcoin in NYC, while Ethereans premiere an Ethereum documentary down the street.
------
📈 INDEX COOP | LEVERAGE TOKENS
https://bankless.cc/IndexCoop
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
⚡️ CARTESI | LINUX-POWERED ROLLUPS
https://bankless.cc/CartesiGovernance
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/66?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS & RESOURCES
00:00 Start
02:36 Markets
https://x.com/ledgerstatus/status/1835473538028814667
06:09 RSA Finally Cracks
https://x.com/RyanSAdams/status/1836779556998459436
10:55 Total MKT Cap
https://www.coingecko.com/en/global-charts
11:09 L2 Update
https://www.growthepie.xyz/fundamentals/transaction-count
13:36 Fed Rate Cuts
https://x.com/SpecialSitsNews/status/1835699786785136703
https://www.cnbc.com/2024/09/18/fed-cuts-rates-september-2024-.html
18:57 Cut Reactions
https://x.com/TimDuy/status/1836154346045870391
https://x.com/coinbase/status/1836470341063053572
https://x.com/RyanSAdams/status/1836795960321585388
https://www.coindesk.com/business/2024/09/18/arthur-hayes-if-they-go-50-that-will-be-a-nuclear-catastrophe-for-financial-markets/
https://x.com/intocryptoverse/status/1836471892674302430?s=46&t=2ZINVXJQKx6xO_6Wiiu_2g
https://x.com/Jamie1Coutts/status/1836192104722370930
https://www.tradingview.com/chart/1RYLG2gC/?symbol=NASDAQ%3AQQQ
https://youtu.be/b6O-lHr-D0s?si=7uiJPAxPibmCTLsz
27:03 Trump's Liberty Financial
https://x.com/EricTrump/status/1834322630721122521
https://x.com/worldlibertyfi/status/1835748701534404945
https://x.com/alexandergrieve/status/1836006655223275904
32:06 Takes On The Project
https://x.com/iamDCinvestor/status/1836006290125987860
https://x.com/worldlibertyfi/status/1835300402163503260?s=46&t=dmRhP54bJmHi0Ppb8BT30Q
34:42 Trump Pays With Bitcoin
https://x.com/WatcherGuru/status/1836510214482284545
https://x.com/crypto_condom/status/1836512092503077146
36:39 Vitalik Film Premiere
https://ethereumfilm.xyz/streaming
https://x.com/EthereumFilm/status/1828192695095042429
https://x.com/TrustlessState/status/1836737714223210638
https://x.com/dimabuterin/status/1836701356565922006
https://x.com/ViktorBunin/status/1836556640734085478
https://x.com/jessepollak/status/1836607456497275028
https://x.com/jessepollak/status/1836607456497275028
https://x.com/EthereumFilm/status/1835973354995499061
41:36 SEC Sues Rari?
https://www.sec.gov/newsroom/press-releases/2024-138
https://x.com/dcfgod/status/1836488126744924299
43:03 The Flyfish Case
https://www.sec.gov/files/litigation/admin/2024/33-11305.pdf
https://x.com/HesterPeirce/status/1835757603860681141
https://x.com/FinancialCmte/status/1836124400695021654
https://x.com/RepFrenchHill/status/1836420981310542092?t=KbWMCpEacfkVWgSADJSgQg&s=19
50:41 Token 2049
https://x.com/justinsuntron/status/1836330985706918253
https://unchainedcrypto.com/buterin-at-token2049-were-not-early-to-crypto-but-were-early-to-crypto-being-usable/
53:36 New Zora App
https://x.com/RyanSAdams/status/1836399083482742814
56:19 New Fastest Rollup
https://x.com/atlasxyz/status/1833880969251524973
57:39 Permissionless Party
https://lu.ma/yj5pdeqe
Bankless listeners - 10% off tickets with BANKLESS10
Bankless citizens - 30% off tickets with link: https://bankless.cc/PermissionlessDiscount
59:26 Moment Of Zen
https://www.youtube.com/watch?v=71DtEk1cFdg
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures
Fed Rate Cut: Is It Too Late? | Macro Alf
Jerome Powell and the Federal Reset is about to cut rates, but the question on everyone’s mind is… What happens next?
Alfonso Peccatiello, known as "Macro Alf," is a macroeconomic analyst and investment strategist and he’s joining the pod to help us figure this out.
- Are these rate cuts just in time or too little too late?
- Is the Fed cutting by 25bps or 50bps?
- Will we get a recession or the soft landing the FED is hoping for?
- What will happen to crypto assets?
We discuss all this and more with Macro Alf, one of the top minds in macro out there.
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium
------
BANKLESS SPONSOR TOOLS:
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2
🦄UNISWAP | BROWSER EXTENSION
https://bankless.cc/uniswap
⚖️ ARBITRUM | SCALING ETHEREUM
https://bankless.cc/Arbitrum
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle
🗣️TOKU | CRYPTO EMPLOYMENT
https://bankless.cc/toku
------
✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/65?referrer=0x077Fe9e96Aa9b20Bd36F1C6290f54F8717C5674E
------
TIMESTAMPS
0:00 Intro
5:41 The Fed is Behind the Curve
12:28 Why Haven’t Things Broke?
18:57 Bad News are Actually Bad News
24:17 Fed Rate Cut Prediction
30:43 Elizabeth Warren’s Letter
35:06 Market Reaction
42:55 How to Prepare
53:20 Probability of Recession
54:48 Debasement
1:05:06 Monetary Plumbing
1:09:09 Debasement Assets
1:11:46 Closing Thoughts
------
RESOURCES
Maro Alf
https://x.com/MacroAlf
Alf's Institutional Research Free Trial
https://docs.google.com/forms/d/e/1FAIpQLSfzLZS_8sWjyuqzDgJb9OQC_pSAoOjz6GVgsB0UIGzLELMSFQ/viewform
The MacroCompass
https://themacrocompass.org/
Monetary Plumbing Chart
https://x.com/MacroAlf/status/1834938859848634440
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures