BREAKDOWN: Bitcoin Isn't Apolitical, but It Is Nonpartisan
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 29 May 2022
⏱️ 15 minutes
🧾️ Download transcript
Summary
One of bitcoin’s strengths is appealing to the Right and Left, for different reasons.
This episode is sponsored by Nexo.io, NEAR and FTX US.
On this week’s “Long Reads Sunday,” NLW reads and comments on “Bitcoin Is Apolitical, but Won't Be Much Longer” by Daniel Kuhn.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Craig Hastings/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
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Transcript
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.1 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:15.0 | The breakdown is sponsored by nexo.io, near an FtX, and produced and distributed by CoinDesk. |
| 0:22.8 | What's going on, guys? It is Sunday, May 29th, and that means it's time for Long |
| 0:28.6 | Reads Sunday. Before we get into that, however, if you are enjoying the breakdown, please |
| 0:33.7 | go subscribe to it, give it a rating, give it a review, or if you want to dig deeper into |
| 0:38.3 | the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go |
| 0:43.5 | to bit.ly slash breakdown pod. Also a disclosure as always, in addition to them being a sponsor |
| 0:50.3 | of the show, I also work with FTX. And finally, one more little note tomorrow being |
| 0:56.6 | Memorial Day. I will not have a show coming out. I hope you guys are having a great celebratory |
| 1:02.3 | beginning of summer weekend. With that, let's get to our topic and ooh baby is it one that I love. |
| 1:10.1 | Daniel Kuhn wrote a piece on CoinDesk this week called Bitcoin is a political, but won't be much longer. |
| 1:17.0 | Practically speaking, everything is eaten by the culture war. |
| 1:21.2 | You don't even have to be that regular, a listener of the breakdown to know that this topic, |
| 1:26.4 | Bitcoin's partisan or nonpartisan nature, |
| 1:29.3 | is one that I think a lot about. So let's read this piece and then discuss. Ted Cruz, the Republican |
| 1:36.6 | U.S. Senator for Texas, said he wants the lone star state to be an oasis on planet Earth for |
| 1:41.9 | Bitcoin and crypto. He said that, reiterating previous support for the |
| 1:45.8 | state's mining industry during a keynote address at a Heritage Foundation event. The block reported |
| 1:51.3 | that several speakers harshly criticized the left side of the political aisle at this Bitcoin |
| 1:56.3 | and the American Experiment Conference. Cruz singled out Massachusetts Senator Elizabeth Warren, |
| 2:01.7 | a Democrat. Quote, why does Bitcoin make Elizabeth Warren toss and turn in Twitch at night? |
... |
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