The Chopping Block: Crypto in US Politics & Roaring Kitty is back! - Ep. 646

Unchained

Laura Shin

News, Tech News, Business News

4.5 • 1.3K Ratings

🗓️ 16 May 2024

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and special guest Laura Shin explore the latest trends in the crypto world. In this episode, we touch on how Donald Trump's pro-crypto statements influence voter behavior in the upcoming U.S. elections. We ask ourselves, is voting based solely on crypto policy a legitimate strategy? What are the implications of the Biden administration's stance on crypto regulations for future electoral outcomes? Following the political discussion, we unpack the recent GameStop and AMC pump and dissect the viability of their business models. We bring to light the broader implications for memestocks and whether the increased capital really saves these companies. Tune in for a detailed exploration of these critical questions affecting the interplay of politics, finance, and cryptocurrency. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform. Show highlights 🔹 Crypto's Role in U.S. Politics: Trump's pro-crypto stance at a recent gala and its potential implications for voter behavior are examined. 🔹 Single Issue Voting on Crypto: The legitimacy of voting based solely on crypto policy is debated, with insights into how this could impact the political landscape. 🔹 Opinions on Financial Regulations: The various aspects of financial regulation, including the Biden's administration's stance on crypto, and predictions on how this might influence future electoral outcomes. 🔹 Roaring Kitty’s resurgence and its impact on GameStop's stock prices are discussed, analyzing the ongoing influence of meme stocks in the market. 🔹 Retail's Impact on Financial Markets and the broader implications of retail investment behaviors. Hosts ⭐️Haseeb Qureshi, Managing Partner at Dragonfly ⭐️Tom Schmidt, General Partner at Dragonfly ⭐️Robert Leshner, CEO & Co-founder of Superstate ⭐️Laura Shin, journalist, author of ‘The Cryptopians,’ founder and CEO of Unchained Disclosures Links Blockworks article: https://blockworks.co/news/only-a-fool-would-vote-on-crypto-alone Trump’s 2019 Tweet: https://x.com/realDonaldTrump/status/1149472282584072192 SAB121: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409250 Roaring Kitty Tweet: https://x.com/TheRoaringKitty/status/1789807772542067105 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	I mean this was like a loose narrative around GameStop that like oh they were going to start an
0:05.6	NFT marketplace and they were going to do all these things and it's like the court is
0:09.7	is not yeah they don't have the cash or you know, there's, oh if only we had more capital then our business would be saved.
0:16.4	It's like no, like fundamentally these businesses are fucked and they don't have the DNA to like un-fuck themselves.
0:21.0	And so yeah, maybe you can have some more cash on the balance sheet by you
0:24.3	selling shares on to retail but like that is not AMC that is not GameStop's core issue.
0:28.6	Wow Tom you might get more hate for this than for your politics comments.
0:32.6	Yeah, right.
0:34.6	Not a dividend.
0:35.6	It's a tale of two quan.
0:36.7	Now, your losses are on someone else's balancing.
0:39.5	Generally speaking, aircrafts are kind of pointless anyways.
0:42.2	I made the trading firms who are very involved.
0:45.0	I like that eat of the ultimate pump.
0:47.2	D5 protocols are the antidote to this problem.
0:49.8	Hello everybody, welcome to the chopping block. Every couple couple weeks the four of us get together and give the industry insiders
0:56.6	perspective on the crypto topics of the day so quick intro first you got Tom the D-5 maven and master of memes
1:02.3	hello everyone next we got Rob Tom, the Defy Maven and Master of Memes. Hello, everyone.
1:04.0	Next we've got Robert, the Crypticontassur and Tsar of Superstate.
1:07.0	Good evening.
1:09.0	Joining us once again, we have Laura, the CEO of the show.
1:12.6	Hey everyone.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.