The Chopping Block: Why Vivek Ramaswamy Wants Less Crypto Regulation - Ep. 569

Published: Nov. 13, 2023, noon

b'Welcome to The Chopping Block \\u2013 where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest news. This week, the gang welcomes Republican presidential candidate Vivek Ramaswamy, who discusses his mission to end the U.S. government\\u2019s regulatory overreach of the crypto industry, the parallels between crypto and the biotech industry where he came from, whether \\u201ccode is law\\u201d is an appropriate framework for crypto regulation, how Bitcoin could be a check on the Fed, and how less regulation would actually lead to fewer, not more, instances of fraud like FTX.\\xa0\\xa0\\nRamaswamy is promising to release a comprehensive crypto policy plan this week.\\xa0\\nListen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.\\n\\nShow highlights:\\xa0\\n\\nwhat Vivek thinks about crypto and why he is interested in this topic as a presidential candidate\\n\\nwhy he believes the SEC is engaging in \\u201cunconstitutional overreach\\u201d when it comes to crypto\\n\\nwhat the similarities are between early-stage biotech and early-stage crypto investing\\n\\nwhether current regulatory requirements create a "false blanket of security"\\n\\nhow Vivek would act to make sure the SEC doesn\'t overreach\\n\\nhow the system should respond to less regulation in terms of fraud and innovation\\n\\nhow stablecoins can reinforce the value of the dollar and Bitcoin can help discipline the Fed, according to Vivek\\n\\nwhether Bitcoin is an asset that the Fed should buy for its balance sheet\\n\\nwhy Vivek believes it was a mistake to abandon the gold standard in the 1970s\\n\\nthe gang\'s debrief of the conversation: what stood out, where they agree or disagree with Vivek\\n\\ntheir reaction to the conviction of Sam Bankman-Fried\\n\\n\\nHosts\\n\\n\\nHaseeb Qureshi, managing partner at Dragonfly\\xa0\\n\\n\\nRobert Leshner, founder of Compound\\n\\n\\nTom Schmidt, general partner at Dragonfly\\xa0\\n\\n\\nTarun Chitra, managing partner at Robot Ventures\\n\\n\\nDisclosures\\nGuest\\n\\nVivek Ramaswamy, American entrepreneur and U.S. presidential candidate\\nLinks\\n\\nFox Business: Ramaswamy woos pro-crypto voters, says he\\u2019ll build new policy framework for digital assets\\n\\n\\nAxios: Ramaswamy goes after regulators at crypto event\\n\\n\\nCoinDesk: Vivek Ramaswamy Is Drafting a \'Crypto Policy Framework\'\\n\\n\\nWSJ: Stablecoins Can Keep the Dollar the World\\u2019s Reserve Currency\\n\\n\\nDecrypt: What Stops the Fed From Buying Up Bitcoin?\\n\\n\\nForbes: What Happened In 1971?\\n\\n\\nUnchained: SBF Trial, Day 18: Sam Bankman-Fried Found Guilty on All 7 Counts in Swift Verdict\\n\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'