The Conservative Argument for Bitcoin

The Daily Signal Podcast

The Daily Signal

News, Government, Politics, Daily News

4.6 • 1.2K Ratings

🗓️ 23 October 2024

⏱️ 21 minutes

🔗️ Recording | iTunes | RSS

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Summary

For conservatives, it is not surprising that bitcoin is an appealing technology, according to Dennis Porter. Bitcoin is “truly nonpartisan,” says Porter, CEO and co-founder of the Satoshi Action Fund, but within the technology, “there are so many things that I think appeal to the conservative voter or Republican voters,” he argues. Bitcoin is unique because it’s “money which can't be debased,” the CEO of the pro-bitcoin policy organization says. There are only 21 million bitcoin in existence and no more can be created, protecting the digital currency against inflation. “I think also beyond that is this idea of individual freedom,” Porter says. “You are able to operate wholly on your own with no third parties, without asking permission,” he says adding, “you are able to access the bitcoin network globally, anywhere in the world and be able to participate in the economy without asking permission.” Porter joins “The Daily Signal Podcast” to discuss the future of bitcoin use and how the currency is playing a role in the 2024 presidential election.

Transcript

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0:00.0	This is the Daily City Podcast for Wednesday, October 23rd. I'm Virginia Allen.
0:11.0	Cryptocurrency and specifically Bitcoin
0:13.2	Bitcoin is playing an increasingly large role within society and even
0:17.1	within our elections.
0:18.8	CEO and co-founder of the Satoshi Action Fund joins the show in just a minute to explain a little bit more
0:25.5	about this role of Bitcoin and current society.
0:28.7	Stay tuned for our conversation right after this.
0:37.0	This is Rob Lewy from the Daily Signal. In today's media landscape, it's more important than ever
0:40.0	to have a trusted source of news and conservative commentary.
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0:49.5	factual reporting on the issues that matter most to you. Whether it's five dollars or
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0:59.1	signal.com slash donate to help us keep Americans informed and fight for conservative values.
1:05.0	The Daily Signal is your voice for the truth.
1:10.0	Dennis Porter is the CEO and the co-founder of the Satoshi Action Fund and he's also the
1:14.9	president and founder of Satoshi Action Educate. Dennis, thanks so much for being here on the show today.
1:20.0	Really appreciate it.
1:21.0	Glad to be here.
1:22.0	Thanks for having me on and. Glad to be here.
1:23.0	Thanks for having me on and looking forward to the conversation.
1:25.0	Well, let's go ahead and jump right into what you guys do and I actually want to start
	...

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