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The Chopping Block: Cryptocurrencies in US Politics and Roaring Kitty are Back!
What drives today’s cryptocurrency debates? Crypto Impact of US Elections, Regulatory Outlook, and GameStop Viability
Posted May 16, 2024 at 12pm EST.
Welcome to The Chopping Block, where cryptocurrency insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner, and special guest Laura Shin explore the latest trends in the world of cryptocurrencies. In this episode, we will talk about how Donald Trump’s pro-crypto statements influence voter behavior in the upcoming US elections. We ask ourselves: is voting based solely on crypto policy a legitimate strategy? What are the implications of the Biden administration’s stance on cryptocurrency regulation for future election outcomes? After the political discussion, let’s analyze the recent GameStop and AMC pump and analyze the viability of their business models. We bring to light the broader implications for memestocks and whether the capital raise really saves these companies. Tune in for a detailed exploration of these critical questions influencing the interplay between politics, finance and cryptocurrency.
Listen to the episode on Apple Podcasts, Spotify, Covered, Addicted to podcasts, Pocket casts, Pandora, Castbox, Google Podcasts, Tune inAmazon Musicor on your favorite podcast platform.
Show the highlights
🔹 The role of cryptocurrencies in US politics: Trump’s pro-cryptocurrency stance at a recent gala and its potential implications on voter behavior are examined.
🔹 Cryptocurrency Unique Issue Voting: The legitimacy of voting based solely on cryptocurrency politics is debated, with insights into how this could impact the political landscape.
🔹 Views on Financial Regulation: Various aspects of financial regulation, including the Biden administration’s stance on cryptocurrencies and predictions about how it could affect future election results.
🔹 The resurgence of Roaring Kitty and its impact on GameStop stock prices are discussed, analyzing the continued influence of memestocks on the market.
🔹 The impact of retail trading on financial markets and the broader implications of retail investment behaviour.
Guests
⭐️Haseeb QureshiManaging Partner of Dragonfly
⭐️Tom SchmidtGeneral partner of Dragonfly
⭐️Robert LeshnerCEO and co-founder of Superstate
⭐️Laura Shinjournalist, author of “The Cryptopians”, founder and CEO of Unchained
Disclosures
Connections
Blockworks article: https://blockworks.co/news/only-a-fool-would-vote-on-crypto-alone
Trump’s 2019 Tweet: https://x.com/realDonaldTrump/status/1149472282584072192
SAT121: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409250
Roaring Kitty Tweet: https://x.com/TheRoaringKitty/status/1789807772542067105