Bitcoin's Incontrovertible Political Winning

The Breakdown

Nathaniel Whittemore

Investing, Business

4.8 • 786 Ratings

🗓️ 7 October 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

A reading and description inspired by https://blockworks.co/news/political-candidates-cannot-ignore-crypto-voters Unlocking Bitcoin DeFi with ExSat The exSat Network aims to unlock and scale the Bitcoin ecosystem without compromising Bitcoins Ideology. The network has partnered with the largest mining pools in the world, major custodians and exchanges, Cefu, Cubolt, Matrixport, Copper, OKX and aims to have over $200M TVL at mainnet launch on the 23rd of October. Follow exSat’s Twitter to stay up to date @exsatnetwork or visit the testnet exsat.network Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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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 Sunday, October 6th, and that means it's time for Long Read Sunday.
0:24.0	Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it,
0:27.6	give it a rating, give it a review, or if you want to dive deeper into the conversation,
0:31.0	come join us on the Breakers Discord. You can find a link of the show notes or go to bit.ly slash
0:35.3	breakdown pod. Hello, friends.
0:38.0	When the history books look back on 2024, obviously the story of crypto will be a story of
0:45.2	the increased political relevance of this industry and this asset class in the lead-up to
0:51.0	the November elections.
0:53.4	The piece that we're reading today is by
0:54.8	Blockchain Association CEO Kristen Smith and perfectly encapsulates where we are and how
1:00.4	this has evolved in a way that, frankly, I don't think many people would have guessed.
1:04.1	The piece is called Political Candidates can no longer ignore crypto voters. Both parties now embrace
1:10.2	pro-crypto policies to win voters.
1:12.8	So let's read it and then we will do a discussion at the end.
1:15.8	Kristen starts off with two quotes, the first from former President Donald Trump.
1:19.3	Instead of attacking industries of the future, we will embrace them, including making
1:22.7	America the world capital for crypto. The second quote is from VP Kamala Harris.
1:27.4	We're going to remain
1:28.1	dominant in AI and quantum computing, blockchain, and other emerging technologies. Then Kristen
1:33.0	writes, following the collapse of FTX, the crypto industry's reputation was at its lowest in the
	...

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