The Growing Political Force of Crypto
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 26 May 2024
⏱️ 14 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.3 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
| 0:18.3 | What's going on, guys? It is Sunday, May 26th, and that means it's time for Long Read Sunday. |
| 0:23.7 | Before we get into that, however, if you are enjoying The Breakdown, please go subscribe to it, |
| 0:27.0 | give it a rating, give it a review, or if you want to dive deeper into the conversation, |
| 0:30.5 | come join us on the Breakers Discord. You can find a link at the show notes or go to bit.ly slash |
| 0:34.7 | breakdown pod. Hello, friends. Well, it only makes sense that on the most |
| 0:38.6 | consequential week in crypto political history, we read a couple of essays that are related to |
| 0:42.9 | crypto politics. The first is by Austin Campbell, who's frequently quoted on this show, |
| 0:48.0 | and is along the lines of a conversation that we've had over the past few weeks about crypto |
| 0:51.3 | single-issue voters. Let's turn it over to NLW-AI version, |
| 0:56.0 | created by 11 Labs, to get a sense of what Austin says. Why I'm a single-issue crypto voter? |
| 1:02.3 | Given the events of the past two years, everyone in the United States and both parties |
| 1:06.0 | should be single-issue voters in favor of crypto having a level playing field. In particular, |
| 1:10.2 | we should support |
| 1:11.0 | all politicians who oppose the Biden administration's extreme efforts to kill the industry in the |
| 1:15.3 | United States, regardless of party, Republican or Democrat. This stance is not about being pro-crypto, |
| 1:21.0 | it is about being pro-fairness. Today, the actions of the executive branch target the crypto industry, |
| 1:26.0 | but who will be the next target under future administrations? Fossil fuel producers, abortion providers, public sector unions, |
| 1:32.1 | gun manufacturers, green energy companies, the press. As a people, we cannot allow government |
| 1:36.9 | misbehavior of this sort, and it must be our primary source of concern. If we cannot secure |
| 1:41.3 | fair treatment under the law for all, every other right we enjoy as Americans |
... |
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