Regulation
The chopping block: crypto in American politics and Roaring Kitty is back!
What’s Driving Today’s Crypto Debates? Crypto Impact of US Elections, Regulatory Outlook and GameStop Viability
Published on May 16, 2024 at 12:00 EST.
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner and special guest Laura Shin explore the latest trends in the crypto world. In this episode, we discuss how Donald Trump’s pro-crypto statements are influencing voter behavior in the upcoming US elections. We wonder if voting based solely on crypto policy is a legitimate strategy? What implications does the Biden administration’s stance on cryptocurrency regulation have on future election outcomes? Following the political debate, we unpack the recent GameStop and AMC pump and dissect the viability of their business models. We shed light on the broader implications for memestocks and whether increasing capital actually saves these companies. Tune in for a detailed exploration of these critical issues affecting the interplay of politics, finance, and cryptocurrency.
Listen to the episode on Apple Podcasts, Spotify, Covered, Addicted to podcasts, Pocket castings, Pandora, Casting box, Google Podcasts, To agreeAmazon Musicor on your favorite podcast platform.
Show Highlights
🔹 The role of crypto in American politics: Trump’s pro-crypto stance at a recent gala and its potential implications for voter behavior are examined.
🔹 Single Crypto Question Voting: The legitimacy of voting based solely on crypto policy is debated, with insight into how it could impact the political landscape.
🔹 Opinions on Financial Regulation: The different aspects of financial regulation, including the Biden administration’s stance on crypto, and predictions about how it could influence future election results.
🔹 The resurgence of Roaring Kitty and its impact on GameStop’s stock prices are discussed, analyzing the continued influence of memestocks on the market.
🔹 Impact of retail on financial markets and broader implications of retail investment behaviors.
Hosts
⭐️Haseeb Qureshimanaging partner at Dragonfly
⭐️Thomas Schmidtgeneral partner at Dragonfly
⭐️Robert LeshnerCEO and Co-Founder of Superstate
⭐️Laura Shinjournalist, author of “The Cryptopians”, founder and CEO of Unchained
Disclosures
Connections
Article on blocks: https://blockworks.co/news/only-a-fool-would-vote-on-crypto-alone
Trump’s 2019 tweet: https://x.com/realDonaldTrump/status/1149472282584072192
SAB121: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409250
Tweet from Roaring Kitten: https://x.com/TheRoaringKitty/status/1789807772542067105