UNCHAINED: Anthony Scaramucci on Why He Supports Biden and Thinks He, Not Trump, Is Best for Crypto
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 19 June 2024
⏱️ 63 minutes
🧾️ Download transcript
Summary
Trump’s former director of communications explains why he believes the industry “has already won,” and why he doesn’t trust Trump’s “impulsivity” when it comes to crypto.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
The political landscape in the US is heating up with the November elections, and the crypto industry is watching closely.
In this episode, Anthony Scaramucci, founder of SkyBridge, doesn’t mince words and explains why he believes Joe Biden is the best choice—even for the crypto voter—in the upcoming election, the significance of the Ethereum ETF approval, and how the industry has overcome significant regulatory hurdles.
Scaramucci also shares his insights on the future of Bitcoin ETFs, the role of younger generations in driving crypto policy, and why Solana might be the next big thing.
Show highlights:
- 1:14 Why Anthony believes there’s only one choice in this election: Joe Biden
- 06:15 Why he thinks the crypto industry “has already won”
- 15:49 Whether the crypto industry should trust Trump with his pro-crypto comments
- 17:15 Why Anthony is convinced that the Biden administration has stopped its anti-crypto stance, even with the veto of the SAB 121 repeal
- 20:59 Why Anthony believes crypto is becoming a bipartisan issue, and how younger generations are driving this change in Washington
- 28:43 What three key elements would ideally be included in crypto legislation to ensure clarity and industry involvement in regulation
- 30:35 What happened to SkyBridge after selling a stake to FTX, and how they are riding the industry's “upswing”
- 37:50 What developments in Bitcoin ETFs could signal its recognition as an asset class and drive institutional adoption
- 39:49 What led SkyBridge to abandon its Bitcoin ETF application
- 43:12 What Anthony thinks is the best pitch for a spot Ether ETF to TradFi, and how expected inflows compare to Bitcoin ETFs
- 49:00 Anthony’s praise of Laura’s book
- 51:45 Why Anthony believes a Solana ETF might be the next big thing in crypto, despite SEC scrutiny and the need for a futures market first
- 55:09 Why SkyBridge is actively seeking new acquisitions and partnering with Parcl, a Solana-based decentralized real estate trading app
- 59:41 What Anthony's bullish predictions for Bitcoin and Ethereum are in the current cycle
Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com
Thank you to our sponsors! Polkadot
Guest | Anthony Scaramucci, Founder and Managing Partner at SkyBridge
Links |
Recent coverage of Unchained on the political scenario in the US:
How the U.S. Government Can Protect the Dollar Through Stablecoins
Why Many Democrats, Including the White House, Have Come Around on Crypto
Senator Cynthia Lummis on Why Crypto Now Has Bipartisan Support in Congress
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:49.7 | Thanks for listening to Unchained, your no-hype resource for all things crypto, on the Coin Desk |
| 0:54.9 | Podcast Network. You can also listen to the episodes on the Unchained feed earlier if you subscribe there. |
| 1:01.4 | Plus, check out all our content on our website, Unchained Crypto.com. |
| 1:06.5 | It's political suicide at this point to be anti-crypto. |
| 1:11.9 | Mike Novagatz and I have estimated there's about 85 million people in the United States that own a cryptocurrency or have a digital asset wallet. |
| 1:23.6 | There are 65 million people in the United States that own dog. |
| 1:26.7 | So it would be like being anti-dog. |
| 1:29.4 | It is very, very silly at this point for a presidential candidate or an administration to be anti-cryptable. |
| 1:40.4 | Hi, everyone. Welcome to Unchained, your No hype resource for all things Crypto. I'm your host, |
| 1:45.5 | Laura Shin, author of The Cryptopians. I started covering crypto nine years ago, and as the senior |
| 1:50.8 | editor at Forbes was the first Metriameter Porter took up a cryptocurrency full-time. This is the June |
| 1:55.8 | 18th, 2024 episode of Unchained. Pocodot is the original and leading layer zero blockchain with over 2000 plus developers, |
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