BREAKDOWN: Crypto Politics Heats Up in Advance of the Midterm Elections
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 4 May 2022
⏱️ 16 minutes
🧾️ Download transcript
Summary
Politicians are starting to formalize their positions.
This episode is sponsored by Nexo.io, NEAR and FTX US.
Today on “The Breakdown,” NLW looks at a set of stories relating to crypto’s place in the political discourse, including:
- SEC increasing enforcement staff
- Bitcoin Mining Council letter to the EPA
- Ohio’s entirely pro-crypto Senate primary
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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.
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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: Hill Street Studios/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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. |
| 0:14.9 | 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 Wednesday, May 4th, and today we are talking about |
| 0:27.4 | crypto politics heating up in advance of the U.S. midterm elections. Before we get into that, |
| 0:33.5 | however, if you are enjoying the breakdown, please go subscribe to it, give it a rating, |
| 0:37.8 | give it a review, or if you want to get deeper into the conversation, come join us at the |
| 0:42.4 | Breakers Discord. A disclosure, as always, in addition to them being a sponsor of the show, |
| 0:47.1 | I also work with FTX. Finally, I would love to invite you to come join CoinDesks Consensus |
| 0:53.8 | 2022. The event is taking place this June 9th through Finally, I would love to invite you to come join CoinDesk's Consensus 2020. |
| 0:55.6 | The event is taking place this June 9th through 12th in Austin, Texas. |
| 1:00.7 | And the thing that makes consensus such a different type of event is that it is truly a big |
| 1:04.9 | tent event. |
| 1:05.9 | It is highlighting all aspects of this industry from specific cryptocurrency ecosystems to Bitcoin, to |
| 1:12.4 | Web3, to Metaverse, NFTs, etc. It's got tracks for people who are more enfranchised as well as for |
| 1:18.5 | people who are newer, and there's great speakers like Kathy Wood, CZ, Punk 6529, SBF, and many, many more. |
| 1:26.7 | You can use Code Breakdown to get 15% off your pass if you go to |
| 1:30.6 | coin desk.com slash consensus 2020. It should be a great time. So today is a Fed day that FOMC |
| 1:38.9 | meeting is getting reported later this afternoon. So of course, we'll be discussing that |
| 1:42.8 | tomorrow. But as of the time of this |
| 1:44.8 | recording, it's still just speculation around whether we'll see the 50 basis point hike that we |
| 1:49.3 | anticipated or whether there might be more dramatic action. Today, what we are doing is we are |
... |
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