Anthony Scaramucci on Why He Supports Biden and Thinks He, Not Trump, Is Best for Crypto - Ep. 661

Unchained

Laura Shin

News, Tech News, Business News

4.5 • 1.3K Ratings

🗓️ 18 June 2024

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The political landscape in the US is heating up with the November elections, and the crypto industry is watching closely. In this episode, Anthony Scaramucci, founder of SkyBridge, doesn’t mince words and explains why he believes Joe Biden is the best choice—even for the crypto voter—in the upcoming election, the significance of the Ethereum ETF approval, and how the industry has overcome significant regulatory hurdles. Scaramucci also shares his insights on the future of Bitcoin ETFs, the role of younger generations in driving crypto policy, and why Solana might be the next big thing. Show highlights: 02:05 Why Anthony believes there’s only one choice in this election: Joe Biden 07:03 Why he thinks the crypto industry “has already won” 16:27 Whether the crypto industry should trust Trump with his pro-crypto comments 17:20 Why Anthony is convinced that the Biden administration has stopped its anti-crypto stance, even with the veto of the SAB 121 repeal 21:26 Why Anthony believes crypto is becoming a bipartisan issue, and how younger generations are driving this change in Washington 28:05 What three key elements would ideally be included in crypto legislation to ensure clarity and industry involvement in regulation 30:49 What happened to SkyBridge after selling a stake to FTX, and how they are riding the industry's “upswing” 38:00 What developments in Bitcoin ETFs could signal its recognition as an asset class and drive institutional adoption 40:00 What led SkyBridge to abandon its Bitcoin ETF application 43:23 What Anthony thinks is the best pitch for a spot Ether ETF to TradFi, and how expected inflows compare to Bitcoin ETFs 49:11 Anthony’s praise of Laura’s book 51:55 Why Anthony believes a Solana ETF might be the next big thing in crypto, despite SEC scrutiny and the need for a futures market first 55:20 Why SkyBridge is actively seeking new acquisitions and partnering with Parcl, a Solana-based decentralized real estate trading app 59:44 What Anthony's bullish predictions for Bitcoin and Ethereum are in the current cycle Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! Polkadot Guest: Anthony Scaramucci, Founder and Managing Partner at SkyBridge Links Recent coverage of Unchained on the political scenario in the US: How the U.S. Government Can Protect the Dollar Through Stablecoins Why Many Democrats, Including the White House, Have Come Around on Crypto Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's political suicide at this point to be anti-crypto.
0:05.0	Mike Novarazz and I have estimated there's about 85 million people in the United States
0:11.6	that own a
0:13.1	cryptocurrency or have a digital asset wallet.
0:17.3	There are 65 million people in the United States that own dogs.
0:20.2	So it would be like being anti-dog. It is very, very silly at this point for a presidential
0:26.4	candidate or an administration to be anti-criptive. Hi everyone. Welcome to Unchained, your no-hype resource for all
0:37.1	things crypto. I'm your host Laura Shin, author of The Cryptopians. I started
0:42.2	coming crypto nine years ago, and as the senior editor Forbes was the first
0:45.7	Matry meter reporter to come a cryptocurrency full-time.
0:48.6	This is the June 18th 2024 episode of Unchained.
0:52.4	Pocodot is the original and leading Layer Zero blockchain with over 2000 plus developers.
0:57.0	And the Pocodot 2.0 upgrade will be a massive accelerator for the ecosystem,
1:02.0	making it faster, more secure, and adaptable,
1:05.1	perfect for GameFi and Defi to build, grow, and scale.
1:08.9	Join the community at Pocodot.
1:11.0	network slash ecosystem
1:12.6	slash community.
1:13.8	Hey unchained listeners, as you know it's hard keeping up with a fast-paced world
1:18.7	of crypto, so we've got just the thing for you.
1:21.2	Subscribe to our free unchained daily newsletter at unchained crypto.
1:25.2	Substack.com.
	...

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