meta_pixel
Tapesearch Logo
Log in
Recode Daily

Bitcoin and Biden’s infrastructure bill

Recode Daily

Recode

Society & Culture, Science, Technology

4.61.3K Ratings

🗓️ 12 August 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

The Senate just passed a massive, trillion-dollar infrastructure deal, and lawmakers are looking to cryptocurrency to help pay for it. But users of the new technology are worried a small provision in the bill may burden the wrong people with that responsibility. Makena Kelly (@kellymakena) with The Verge joins Recode’s Adam Clark Estes to break down senators’ crypto debate. ---------- References: Read Makena’s story on the bipartisan infrastructure package here. Enjoyed this episode? Rate Recode Daily ⭐⭐⭐⭐⭐ and leave a review on Apple Podcasts. What do you want to learn about on Recode Daily? Send your requests and questions to recodedaily@recode.net. We read every email! Subscribe for free. Be the first to hear the next episode of Recode Daily by subscribing in your favorite podcast app. Learn more about your ad choices. Visit megaphone.fm/adchoices This episode was made by: Host: Adam Clark Estes (@adamclarkestes) Producer: Alan Rodriguez Espinoza (@ardzes) Engineer: Melissa Pons Support Recode Daily by making a financial contribution to Vox! bit.ly/givepodcasts Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Support for this episode comes from Contentful.

0:03.8

In today's digital first world content is the customer experience, but to build those

0:08.8

experiences digital teams need an intelligent solution that can keep pace with their business

0:13.2

goals.

0:14.2

Enter Contentful.

0:16.0

Contentful empowers digital teams to scale and launch experiences quickly and efficiently.

0:20.9

Their composable content platform makes it easy to create, collaborate, manage, and deliver

0:25.8

content across all of your channels all from one place.

0:29.2

Contentful.

0:30.2

Where content drives business momentum, get started at contentful.com.

0:39.2

This week, the Senate approved a historic trillion dollar infrastructure package.

0:47.2

I truly believe that this bill proves the voice of the people will be heard, and they can

0:53.1

all come together to make a difference in people's lives.

0:57.9

High speed internet, clean drinking water, this package has it all, including bipartisan

1:02.5

support.

1:03.5

The bill now goes to the house, but lawmakers on both sides of the aisle are hopeful that

1:07.4

this one will make it to the president's desk soon.

1:10.7

There's just one small detail that has tech experts worried.

1:15.6

The infrastructure bill takes aim at the cryptocurrency industry.

1:19.4

More specifically, tighter regulation around taxation on crypto that could help cover the

1:23.8

cost of the infrastructure bill's initiatives.

1:26.7

Critics say the language in the bill is off and that crypto developers and minors might

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Recode, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Recode and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.