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ROLLUP: China's $500B Stimulus | Kamala's Pro-Crypto Pivot? | Gary Gets Grilled | EIGEN Unlock Incoming

Bankless

[email protected]

Tech News, News, Technology

4.81.1K Ratings

🗓️ 27 September 2024

⏱️ 69 minutes

🧾️ Download transcript

Summary

This week we break down China’s massive new economic stimulus package, its biggest move since the pandemic and what it could mean for the global markets. 
Gary Gensler faced intense bipartisan grilling in Congress, and Nic Carter dropped shocking new insights on ChokePoint 2.0’s legal implications. Plus, Eigenlayer’s token unlock is finally here after months of non-transferability. We’ll also dive into the key moments from Solana’s Breakpoint Conference. Buckle up.
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TIMESTAMPS & Resources


00:00:00 Kamala's Pivot?
https://www.theblock.co/post/318216/kamala-harris-says-us-should-become-dominant-in-blockchain-reiterates-digital-assets-in-economic-plan 
https://twitter.com/standwithcrypto/status/1838327263953326469 
https://x.com/EleanorTerrett/status/1839041447007342919 
https://www.theblock.co/post/317636/vp-harris-says-shell-encourage-crypto-business-while-protecting-consumers-at-wall-street-fundraiser-bloomberg 
https://x.com/TrustlessState/status/1838578494462189990 
https://x.com/mcuban/status/1838667484905578704?s=46 
https://www.axios.com/2024/09/23/harris-embraces-crypto-overture-young-men 
https://x.com/Zachary/status/1839260651614568845 


00:14:17 Markets
https://pro.kraken.com/app/trade/btc-usd 


00:16:39 ETH Options Approved
https://x.com/EricBalchunas/status/1837240128588169587 
https://x.com/kellyjgreer/status/1824168136637288912 


00:19:16 Movers Of The Week
https://www.coingecko.com/en/coins/sei 
https://x.com/VitalikButerin/status/1838809754002690403 


00:22:10 The Beijing Bazooka
https://x.com/JustDeauIt/status/1839152089718538572 
https://finance.yahoo.com/news/what-chinas-biggest-stimulus-since-the-pandemic-means-for-us-investors-morning-brief-100039804.html 
https://x.com/deitaone/status/1839235182294913315?s=43&t=2ZINVXJQKx6xO_6Wiiu_2g 


00:29:55 The Roast Of Gary Gensler
https://x.com/BanklessHQ/status/1838602362841374762 
https://x.com/BanklessHQ/status/1838613533061230618 
https://x.com/BanklessHQ/status/1838621580546425045 


00:38:25 Jail Updates
https://www.reuters.com/world/us/bankman-frieds-ex-girlfriend-ellison-be-sentenced-over-crypto-fraud-2024-09-24/ 
https://x.com/autismcapital/status/1838661563663945804 


00:44:23 Crypto Bank Crackdown Exposed
https://x.com/nic__carter/status/1836858969241100776 


00:54:25 EIGEN Unlock
https://x.com/eigenfoundation/status/1838270195246170553 
https://x.com/JimmyRagosa/status/1839272870809076003 


00:55:55 Solana Breakpoint Recap
https://x.com/solana/status/1837035324587028567 
https://x.com/solanamobile/status/1836614409613119632 
https://x.com/solanafloor/status/1837038360101007577?s=46 


00:59:05 Telegram Founder Updates
https://www.bbc.com/news/articles/cvglp0xny3eo 


01:00:32 Raises
https://blog.celestia.org/celestia-foundation-raise/ 
https://x.com/infinex_app/status/1838730410710446144 


01:03:57 David Fight Updates
https://polymarket.com/event/hoffman-vs-warwick 


01:08:26 Meme Of The Week
https://x.com/spreekaway/status/1837128008169095172?s=46 
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Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠ 

Transcript

Click on a timestamp to play from that location

0:00.0

So I will recommit the nation to global leadership in the sectors that will define the next century.

0:07.0

We will invest in biomanufacturing and aerospace, remain dominant in AI and quantum computing,

0:15.0

blockchain, and other emerging technologies.

0:17.6

Was that it? Was that a pivot?

0:20.0

Does that count as a pivot?

0:22.0

I don't know, David.

0:24.0

I don't know.

0:25.0

If neither are the first words out of Kamala Harris's mouth about, well, blockchain.

0:31.0

It's not nothing. It may be barely more than nothing, but it is something.

0:37.8

It is something more than nothing. It is certainly something more than nothing.

0:41.6

We'll talk about that. I think that's maybe the first

0:43.2

thing we want to talk about but we also have on the weekly roll-up the Beijing

0:46.5

Bazuka. David I want to tell you this week China might be dropping its biggest

0:50.8

economic stimulus since the pandemic.

0:54.0

Remember, Raul Paul's Banana Zone that we were promised?

0:57.4

Beijing, Bazooka Banana Zone?

0:58.8

It's all bees.

0:59.4

We also got Gary getting grilled in front of Congress

1:02.0

by both sides of the aisle and also our favorite

1:05.2

Hester purse and other SEC commissioners at his side giving a little different kind of responses

1:10.9

to some of this grilling.

1:12.5

Also, Nick Carter has revealed some of his findings related to Chokepoint 2.0.

...

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