The Democratic Party's Divide on Crypto

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Ilyse Hogue: There seems to be an anti crypto arrangement syndrome that has clouded clear and rational thinking about the subject of crypto. But you will find is that the pro crypto members of Congress are much more knowledgeable about the technology than the opposition, she says. "There's something for everyone in the world of crypto and blockchain," said Hogue who represents New York 15 -- the poorest congressional district in America.

Are Democrats against Crypto? That’s the question we bring in today’s State of the Nation with New York Representative Ritchie Torres.

It seems that crypto is becoming an increasingly divisive and polarized topic in the halls of Congress, and we are hopeful that we can find some common ground on both sides of the aisle.

Crypto is good for the American people. It’s as simple as that.

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------ Topics Covered

0:00 Intro 7:00 What is MEV? 13:30 MEV is Subjective 17:15 The Oil Analogy 21:15 The Benefits of Smoothing 28:35 Builders and Proposers 38:45 Forced Centralization 44:35 Rug Pool Protection 48:30 Distribution 58:20 Pros of Burning 1:05:15 Burning on Overdrive 1:09:30 Does this Hurt Stakers? 1:13:55 Too Deflationary? 1:23:30 Monetary Premium 1:28:15 EIP-4844 1:31:00 The Engine 1:35:50 Wen?

——— Resources:

Rep. Torres https://twitter.com/RitchieTorres?s=20

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