2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E132: SEC goes after crypto giants, Sequoia splits, LIV/PGA, Messi's deal + LIVE Q&A!

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Cryptocurrency: Progress or Not?

The government led by gensler is in a full assault on crypto. The goal is basically to either destroy it in the us or drive it offshore. I think it's because of their radical spending schemes remember in the first years of the buying administration they wanted four and a half trillion dollar build back better billRemember Larry summers told them that you're going to cause inflation? And even the 750 billion dollar scoped down version that they ultimately passed Caused a lot of inflation, he says.

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