Weekly Roundup 05/10/24 (Biden threatens SAB121 veto, Trump embraces crypto, FDIC scandal deepens) (EP.527)
On The Brink with Castle Island
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Cryptocurrency Commencement Speech Chaos
The chapter delves into a peculiar commencement speech at Ohio State that unexpectedly involved Bitcoin, receiving a negative reception. Speakers express skepticism about public statements, reveal challenges within the industry, and discuss the humorous and incredible aspects of the bizarre speech, including breathing exercises, personal matters, magic tricks, and Bitcoin promotion. Additionally, the discussion covers Grayscale's withdrawal of their Ethereum spot ETF application, speculation on motivations, implications of the ETF approval, potential lawsuits against the SEC, personal fitness goals, and the impact of the DTCC collateral rule on Bitcoin ETFs.
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