A Presidential Campaign Crypto Milestone
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 23 May 2024
⏱️ 12 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.3 | It's a daily podcast on macro, Bitcoin, and the big-picture power shifts remaking our world. |
| 0:18.3 | What's going on, guys? It is Wednesday, May 22nd, and today we are continuing our big, crazy |
| 0:23.6 | crypto political week. Before we get into that, however, if you are enjoying the breakdown, please |
| 0:27.5 | go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into the |
| 0:31.4 | conversation, come join us on the Breakers Discord. You can find a link of the show notes or go |
| 0:35.0 | to bit.ly.L.ly slash breakdown pod. |
| 0:42.5 | All right, friends, today we are continuing our beat-by-beat moment-by-moment coverage of all of the quick-changing realities in Washington, D.C. when it comes to crypto. And to be honest, even though |
| 0:47.6 | you'll hear a bunch of interesting things, today is kind of the quiet day, because later today |
| 0:51.3 | we have the vote on the Fit 21 Act, which will shape a lot of what |
| 0:54.4 | comes next. But we kick off today with an announcement from the Trump campaign, which has followed |
| 0:58.8 | through on their pledge and are now accepting campaign donations in crypto. The first time a major |
| 1:03.3 | party candidate has done so. Donors can now pay using Bitcoin, Ethereum, Salana, Ripple, and |
| 1:07.9 | USDC, as well as Dogecoin and Shib. The Trump campaign said in a statement, |
| 1:12.5 | this addition to President Trump's already groundbreaking digital fundraising operation, |
| 1:16.2 | marks the first time a major party presidential nominee has embraced cryptocurrency for donations. |
| 1:20.8 | Biden's surrogate Elizabeth Warren said in an attack on cryptocurrency that she was building |
| 1:24.5 | an anti-crypto army to restrict Americans' rights to make their own |
| 1:27.5 | financial choices. MAGA supporters now with a new cryptocurrency option will build a crypto army |
| 1:32.1 | moving the campaign to victory. Which if you take nothing else away from that, the anti-crypto |
| 1:37.0 | army meme has now been explicitly weaponized by the other side, with the army and war analogy |
| 1:42.1 | coming to its natural head. |
... |
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