Trump Doubles Down on Crypto and Pledges to Commute Ross Ulbricht
The Breakdown
Blockworks
4.8 • 806 Ratings
🗓️ 29 May 2024
⏱️ 9 minutes
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| 0:00.0 | Welcome back to The Breakdown with me, NLW. |
| 0:09.0 | It's a daily podcast on macro, Bitcoin, and the big-picture power shifts remaking our world. |
| 0:19.0 | What's going on, guys? It is Tuesday, May 28th, and today we are talking about presidential candidate Donald Trump doubling down on crypto. |
| 0:25.8 | 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 the conversation, come join us on the Breakers Discord. |
| 0:34.2 | You can find a link in the show notes or go to bit.ly slash breakdown pod. |
| 0:38.0 | Hello, friends. Excented to be back with you after the long weekend. Although today we are going to be |
| 0:42.9 | a little bit shorter than usual, kind of an abbreviated episode. I am racing off to the airport. |
| 0:47.7 | I will be down at consensus this week, but I didn't want to leave without an episode. And the big |
| 0:51.6 | story that I wanted to discuss is that former President Donald Trump has continued to push the narrative that he is this cycle's crypto candidate. |
| 0:58.5 | Shortly before an appearance at the Libertarian Party's National Convention on Saturday, |
| 1:02.2 | he posted on Truth Social. I am very positive and open-minded to cryptocurrency companies |
| 1:06.5 | and all things related to this new and burgeoning industry. Our country must be the leader in |
| 1:10.2 | the field. There is no second place. Crooked Joe Biden, the worst president in the history of our country, |
| 1:14.5 | wanted to die a slow and painful death. That will never happen with me. Always one for mincing |
| 1:18.5 | words is former President Trump. Now, Trump continued the pro-crysterecoretoric during his convention |
| 1:22.8 | speech, stating, I will ensure that the future of crypto and the future of Bitcoin will be made in the U.S. not driven overseas. |
| 1:28.3 | I will support the right to self-custody. |
| 1:30.4 | To the nation's 50 million crypto holders, I say this, with your vote, I will keep Elizabeth |
| 1:34.0 | and her goons away from your Bitcoin, and I will never allow the creation of a central |
| 1:37.2 | bank digital currency. |
| 1:39.2 | And just to really throw the icing on the cake, Trump also promised to commute the sentence of Silk Road founder Ross Ilbrick down to time served, pledging to free Ross on day one of his presidency. Ross has served |
| 1:48.7 | 11 years of a double life sentence with no possibility of parole. The main point of Trump's |
... |
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