This chapter examines the rapid development of the Mantle layer, emphasizing its innovative architecture and benefits for both developers and users. It also delves into the challenges posed by stablecoins to banking systems and discusses regulatory considerations surrounding their use.
It’s been a while since former Speaker of the House Paul Ryan was in the public spotlight, but in this episode, we discover his surprising stance: he’s bullish on crypto! In fact, he believes that crypto could be crucial in staving off a U.S. debt crisis. We dive deep into his core argument and explore a range of related topics, such as: - America’s debt crisis - The potential loss of the U.S. reserve currency status - How crypto could help the U.S. stay ahead of China - Why the left is anti-crypto - Crypto under a Trump vs. Kamala’s administration
This episode highlights how crypto is becoming an essential issue in Washington. Tune in for a comprehensive look at crypto’s growing influence on U.S. politics and beyond.
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------ TIMESTAMPS
0:00 Intro 5:11 Why Politics Are Messier 7:36 Being Speaker of the House 11:27 Paul’s WSJ Stablecoin Op-Ed 16:47 Paul’s Intro to Crypto 18:54 U.S. Debt Crisis 26:05 Losing Reserve Currency 28:29 CBDCs vs. Stablecoins 38:06 KYC Stablecoins & Legislation 43:27 Anti-Crypto Army 46:16 Is the Left Anti-Crypto? 51:03 Right vs. Left Crypto Adoption 55:50 Kamala vs. Trump 58:49 Advice to Bankless Listeners 1:01:18 Closing & Disclaimers
------ RESOURCES
Paul Ryan https://x.com/speakerryan
WSJ Article https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717
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