The Breakdown Republican VP Nominee on Bitcoin, Crypto and Gensler
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Jul 17, 2024 
New Republican VP nominee JD Vance discusses his support for blockchain tech, challenges in traditional finance, and more industry-friendly crypto regulation. The podcast also explores the shift towards crypto support in US politics, generational dynamics in Silicon Valley, and the evolution of prominent figures endorsing Bitcoin.
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J.D. Vance's Background
- J.D. Vance gained recognition through his memoir, "Hillbilly Elegy," and his career as a tech investor.
- He worked with Peter Thiel's Mithril Capital and Steve Case's Revolution Ventures before starting his own fund, Naria Capital.
Vance's Crypto Stance
- J.D. Vance is considered pro-crypto and is working on a bill to regulate the industry.
- His bill aims to simplify the process of determining which tokens are securities.
Vance's Critique of Gensler
- Vance is critical of Gary Gensler's approach to crypto regulation.
- He believes the SEC is stifling utility in the crypto industry.