Unconfirmed: Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes - Ep.235

Unchained

Laura Shin

News, Tech News, Business News

4.6 • 1.3K Ratings

🗓️ 7 May 2021

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Reshma Patel, a Democratic candidate for New York City’s Comptroller position, talks about her “future proof” plan for the city, which centers on investing in cryptocurrencies and blockchain technology. In this episode, she discusses: what duties the New York City Controller performs how Reshma thinks crypto and blockchain tech can help New York City, which she calls her “future proof” plan how a city comptroller would go about investing 1%-3% of the city’s pension funds into crypto what type of crypto investment vehicles would be appropriate for the city to invest in why Reshma became interested in crypto in the first place what sort of real-world issues blockchain technology could solve in NYC, particularly in its procurement system whether Reshma envisions an NYC blockchain solution for its procurement system being on a private or public blockchain how the Comptroller could influence the state of New York to make the BitLicense more accessible for entrepreneurs why NYC must compete in the blockchain/crypto space with Miami and Wyoming how crypto could help NYC recover post-COVID what comes next for Reshma’s campaign and why she is not allowed to receive crypto donations Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero NEAR: https://near.org Episode Links Reshma Patel Twitter: https://twitter.com/reshmapatelnyc?lang=en Blockchain campaign: https://www.reshma2021.com/blockchain CoinDesk profile: https://www.coindesk.com/city-comptroller-candidate-says-blockchain-is-in-new-yorks-future The Block article: https://www.theblockcrypto.com/post/102122/candidate-nyc-comptroller-crypto-blockchain Miscellaneous Links BitLicense https://ciphertrace.com/new-york-bitlicense/ https://www.coindesk.com/bitlicense-timeline Duties of NYC Comptroller https://comptroller.nyc.gov/about/duties-of-the-comptroller/ Link to the Crypto News Recap: https://unchainedpodcast.com/doge-up-13000-ytd/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The paperback version of my book, The Cryptopians, is out now.
0:04.5	It contains a new afterward covering recent developments in crypto since 2021 when the
0:09.0	book went to press.
0:10.4	Plus, this version names the person I suspect to be the Dow hacker.
0:14.7	In case you never got to read the book in hardback, or like me, you like to read paperbacks
0:19.0	or bedtime reading, order today, check our newsletter and the show notes for the link,
0:23.7	or just search for it at any of your favorite bookstores.
0:26.5	It's The Cryptopians.
0:28.0	Idealism, greed, lies, and the making of the first big cryptocurrency craze.
0:32.6	Thanks for reading.
0:34.1	Hi everyone, welcome to Unconfirmed.
0:40.0	The show that reveals how the marquee names in crypto are reacting to the least half headlines
0:43.8	and can see inside scoop on what they see in a horizon.
0:46.0	I'm your host, Laura Shin, a journalist with over two decades of experience.
0:49.5	I started carving crypto over six years ago, and as a senior editor at Forbes, was the
0:53.8	first mainstream media reporter to cover cryptocurrency full-time.
0:57.5	The Crypto.com app pays you up to 8.5% interest on your Bitcoin.
1:02.0	Get $25 when you download the Crypto.com app with code, Laura.
1:06.6	The link is in the description.
1:08.6	Mirror is an open source platform that accelerates the development of decentralized applications,
1:14.4	overcoming high fees and slow speeds with its fast, scalable, low-cost, and climate-neutral
1:19.5	blockchain protocol.
	...

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