Nov 6, 2020
Kristin Smith, executive director of the Blockchain Association and a board member of HODLpac, discusses how advocating for crypto will change under what is likely to be a new presidential administration. In this episode she talks about:
- what crypto advocacy typically entails
- how the approach will change under a Biden administration compared to what it was under Trump
- what appointments by Biden could most affect the crypto industry
- which issues are at the top of the agendas for both the Blockchain Association and HODLpac
- why regulators are particularly interested in stablecoins
- how a potentially Democratic-controlled Senate under a Biden administration might affect crypto
- what she's watching for from Cynthia Lummis, a Bitcoiner who won her Wyoming Senate race
- how anti-trust sentiment in Congress could affect crypto, and whether legislators see Web3 as an antidote to monopoly problems
- the divisions within the crypto industry around how to approach regulators, and how to resolve them
- the potential for a de minimus tax exemption, in light of PayPal integrating cryptocurrencies
- and how HODLpac used quadratic voting to decide which candidates to support
Thank you to our sponsor!
Crypto.com: https://crypto.com/
Episode links:
Kristin Smith: https://twitter.com/KMSmithDC
Blockchain Association: https://theblockchainassociation.org
HODLpac: https://www.hodlpac.org
Interview with acting Comptroller of the Currency, Brian Brooks: https://unchainedpodcast.com/acting-comptroller-of-the-currency-brian-brooks-on-crypto-banks/
Likely second runoff election in Georgia to determine control of Senate: https://twitter.com/bluestein/status/1324360112190951424?s=20
Cynthia Lummis to become first US Senator who is also a Bitcoiner https://fortune.com/2020/11/04/wyoming-bitcoin-cynthia-lummis-u-s-senate/
Brad Sherman wanting to ban cryptocurrency: https://www.coindesk.com/congressmans-call-for-crypto-ban-sparks-social-uproar
Leaked Binance doc about whether Binance.US is a decoy: https://www.forbes.com/sites/michaeldelcastillo/2020/10/29/leaked-tai-chi-document-reveals-binances-elaborate-scheme-to-evade-bitcoin-regulators/?sh=1d759bd2a926
More on quadratic voting: https://unchainedpodcast.com/how-blockchains-can-help-create-little-democracies-everywhere/
Link to the Crypto News Recap:
https://unchainedpodcast.com/what-a-potential-biden-administration-could-mean-for-crypto/