Aug 27, 2024
John and Glen riff on the role Bitcoin is suddenly playing in
the presidential election, and the thorny issue of how the US
government should “manage” its crypto holdings. Also- assessing the
prospects beyond the bluster for productive crypto legislation, and
the bizarre backstory of HODL.
Links related to this episode:
In his own words, Mark Cuban’s take on Donald Trump’s crypto
conversion: https://x.com/mcuban/status/1813591281970348264
The House’s approved crypto bill (the ball’s in your court,
Senate): https://www.coindesk.com/policy/2024/05/22/us-house-approves-crypto-fit21-bill-with-wave-of-democratic-support/
Analysis of Bitcoin’s mid-August price decline coinciding with
movement of government holdings: https://www.fxempire.com/forecasts/article/bitcoin-price-prediction-btc-down-as-u-s-govt-transfers-btc-worth-600m-1454167
Coindesk’s take on the same: https://www.coindesk.com/markets/2024/08/14/nearly-600m-of-silk-road-bitcoin-hits-coinbase-prime-but-not-necessarily-to-sell/
The history of HODL: https://www.investopedia.com/terms/h/hodl.asp
Join us for the next CU Town Hall on Wednesday September 11
at 3pm ET/Noon PT for a live and lively interactive
conversation tackling the major issues facing CUs today. It’s free
to attend (credit union employees might even win a door prize!),
but advance registration is required: https://www.cutownhall.com/
Find us on X and BlueSky at @bigfintech,
@jbfintech and @154Advisors
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