In this episode, we sit down with Dennis Porter, CEO and Co-Founder of the Satoshi Action Fund, for an in-depth look at bitcoin’s place in U.S. politics. Dennis opens with an overview of how each political party approaches bitcoin and discusses the importance of bipartisan support. He examines bitcoin's resonance with American values, its appeal across political lines, and how policies can balance innovation and openness with consumer protection. Dennis reflects on the role of single-issue bitcoin voters and the potential impact on future elections including the 2024 US presidential election. He also explores how states are beginning to adopt bitcoin-friendly policies and the importance of creating scalable templates for state-level adoption.
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TIMESTAMPS:
0:00 Intro
1:09 Breaking down each party’s stance on bitcoin
3:04 Bipartisan effort and why it matters for bitcoin
5:39 Kamala Harris vs. biden on bitcoin
7:04 Protecting consumers while supporting innovation
8:32 Bitcoin’s inclusiveness and appeal to democrats
9:36 Why bitcoin resonates with American values
10:16 Importance of bipartisan support for bitcoin
11:38 Working with both sides of the aisle
17:17 Role of broken money in political division
20:40 ECB’s stance on bitcoin holders
23:14 Debunking the ECB paper
26:16 Bitcoin’s potential as a bipartisan issue
29:20 Single-issue bitcoin voters and future elections
32:14 Bitcoin voters as a swing factor in elections
36:43 Strategic bitcoin stockpile plan
39:17 How bitcoin influences future elections
41:17 Adoption of bitcoin-friendly policies at the state level
47:15 Influence of presidential cycles vs. halvings on bitcoin cycles
50:07 Creating template policies for state adoption
53:02 Risk to bitcoin: if earth falls into the sun
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