4.8 • 786 Ratings
🗓️ 16 October 2024
⏱️ 13 minutes
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0:00.0 | Welcome back to The Breakdown with me, NLW. |
0:08.3 | It's a daily podcast on Macro, Bitcoin, and the Big Picture Power Shifts remaking our world. |
0:18.4 | What's going on, guys? It is Tuesday, October 15th, and today we are talking about Kamala Harris's |
0:23.5 | latest crypto push. Before we get into that, however, if you are enjoying the breakdown, |
0:27.4 | please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper |
0:30.8 | into the conversation, come join us on the Breakers Discord. You can find a link in the show |
0:34.6 | notes or go to bit.ly slash breakdown pod. Just a month out from the election, Kamala Harris is attempting to brush up her crypto credentials, |
0:42.1 | and her campaign's latest comment on crypto policy comes in the context of a push to win |
0:46.3 | black male voters. On Monday, they released a new proposal called the Opportunity Agenda for Black |
0:51.5 | Men. The policy is centered around $20,000 for |
0:54.5 | givable loans to black entrepreneurs. It also features a promise to legalize marijuana |
0:58.6 | at the federal level, down payment assistance for black homeowners, and a health equity |
1:02.4 | initiative targeted at black men. For the crypto policy, the Harris campaign said that they |
1:06.6 | would be, quote, supporting a regulatory framework for cryptocurrency and other digital assets, |
1:10.8 | so black men who invest in and own these assets are protected. The platform announcement |
1:14.6 | recognized that 20% of black Americans own or have owned cryptocurrency assets. Interestingly, |
1:19.8 | this was the first time the Harris campaign actually referred directly to cryptocurrency, |
1:23.9 | rather than using some other term like digital assets. The announcement stated, |
1:28.1 | Vice President Harris appreciates the ways in which new technologies can broaden access to banking |
1:32.1 | and financial services. She will make sure owners of and investors in digital assets benefit |
1:36.4 | from a regulatory framework so that black men and others who participate in this market are protected. |
1:40.9 | This framing of crypto policy has a lot of people surprised. |
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