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The Gist

CryptoDad's Pirate Clause: Reviving Letters of Marque

The Gist

Mike Pesca

News, Politics, Arts, Daily News

4.43.6K Ratings

🗓️ 20 August 2025

⏱️ ? minutes

Summary

Christopher Giancarlo—former CFTC chair and known as "CryptoDad"—joins to explain why the U.S. should build a crypto reserve, just like oil or gold. He recalls a White House summit that treated digital assets with the pomp of a state visit—and unveils a swashbuckling plan to revive the Constitution's old letters of marque to hunt today's digital pirates. Plus murder has almost doubled in D.C. since 2012  but officials and media insist the city is perfectly safe.

Produced by Corey Wara


Production Coordinator Ashley Khan


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