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The Breakdown

Why Progressives Should Embrace Crypto

The Breakdown

Blockworks

Investing, Business

4.8786 Ratings

🗓️ 4 November 2024

⏱️ 16 minutes

🧾️ Download transcript

Summary

A reading and discussion inspired by https://time.com/7111315/kamala-harris-crypto-laura-shin-essay/ Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/nathanielwhittemorecrypto Subscribe to the newsletter: https://breakdown.beehiiv.com/ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

Transcript

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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, November 3rd, and that means it's time for Long

0:22.8

Rade Sunday. Before we get into that, however, if you are enjoying the breakdown, please go

0:26.7

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

0:30.1

conversation, come join us on the Breakers Discord. You can find a link at the show notes or go to

0:33.8

bit.ly slash breakdown pod. All right, friends, today we are doing our last LRS before the election, and so of course

0:41.4

it has to be election themed.

0:43.0

And for our selection, I picked the essay by Laura Shin in Time magazine called Kamala Harris

0:48.9

shouldn't just embrace crypto.

0:50.6

She must help it flourish.

0:52.4

Now, writing this piece, in a moment where Democrats are clearly unfavored by the crypto industry, for help it flourish. Now, writing this piece in a moment where Democrats are clearly

0:56.0

unfavored by the crypto industry, for understandable reasons, is, I think, a pretty brave thing

1:00.5

from Laura. In announcing this post, she tweeted, hey everyone, today I published an opinion piece

1:05.6

in time in which I reveal my political stance. This isn't something I would normally do since my

1:10.0

personal political opinions aren't relevant for my work. I've had people something I would normally do since my personal political opinions

1:11.1

aren't relevant for my work. I've had people from both major political parties on my show,

1:15.2

and I don't think one's political leanings really have much to do with the technological

1:18.3

innovation that is constantly occurring and will for the rest of our lives. I've said before and

1:22.0

we'll say again, crypto is nonpartisan the way the internet is nonpartisan. It doesn't make sense to be for or against it.

1:27.7

It's there and it will only grow and become more and more integrated in our lives like the

1:31.2

internet has these last few decades. I'm publishing this opinion piece as an American who cares

...

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