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MARKETS DAILY: Featured Story | Why Elizabeth Warren Is Wrong About Crypto and the Fentanyl Epidemic

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 4 June 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

Chainalysis and Elliptic have found that crypto is useful for crime, but that’s hardly an argument for banning it.

This Featured Story:  Is an opinion piece by Daniel Kuhn, deputy managing editor for Consensus Magazine, titled: Why Elizabeth Warren Is Wrong About Crypto and the Fentanyl Epidemic


This episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.


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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0:59.1

It's Sunday, June 4th, 2023, and this is Markets Daily from CoinDesk.

1:01.1

I'm Adam B. Levine here again with your weekend story.

1:04.1

On today, sure, we're taking a look at Senator Warren's latest windmill.

1:08.4

And just a reminder, CoinDesk is a new source and does not provide investment advice.

1:21.5

Today's featured stories in opinion piece by Coin Desk's Daniel Kuhn.

1:26.4

Our piece today is entitled Why Elizabeth Warren is wrong about crypto and the fentanyl epidemic.

1:32.3

For a while, crypto's role in the illegal and gray area drug trade seems swept under the rug, or at least it was not getting the attention it could have, which is good and bad for an industry,

1:35.3

still looking to shed its early associations with the Silk Road Digital Marketplace,

1:39.3

which the Fed shuttered back in 2013.

1:41.3

It's good because some people have a tendency to moralize about drug use,

1:44.8

and the less crypto is linked to crime in general, the less the entire industry will be stigmatized.

1:48.9

However, it would arguably be better to be upfront about such things, assuming they're going

...

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