Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

What's going on, guys? It is Friday, November 17th, and today we are talking about one presidential

candidate's crypto plan. Before we get into that, however, if you are enjoying the breakdown,

please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into

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Hello friends, happy Friday. Today we are turning to a theme which is going to be a lot more

prominent in the months to come, which is the role of crypto in the elections. I think you'll see

from today's show that the level of discourse in this area is getting a lot more sophisticated,

which of course can't help but be a good

thing for the industry. Now specifically, Republican presidential candidate Vivek Ramoswamy

unveiled his crypto policy platform on Thursday. During an appearance at the North American

Blockchain Summit in Texas, Vivek announced that as president, he would rescind most crypto-regulation

and gut the enforcement

division of the SEC. His reform platform is grouped under three principles. The freedom to code,

the freedom of financial self-reliance, and the freedom to innovate. Regarding freedom to code,

Ramaswami noted enforcement efforts against tornado cash developers as the prime example of the

issue. His platform would ensure that software

in the crypto space enjoys First Amendment protection because code is speech. He said,

You've got to draw the distinction between the code itself, which is protected, versus people

who misuse it to steal. That's something that isn't happening today. Now, when it comes to his

...