The Breakdown The Five Most Important Stories In Crypto This Week
Jun 28, 2024
The podcast discusses the absence of crypto in the 2024 US presidential debate, Biden's performance repercussions, regulatory challenges faced by the industry, market shifts, significant events like Coinbase suing SEC, and stories on Assange, donations, and ETF speculation.
AI Snips
Chapters
Transcript
Episode notes
Crypto Absent from Debate
- Crypto was unmentioned in the first 2024 US presidential debate.
- Betting markets predicted discussion, especially by Trump against Biden, but this narrative was wrong.
Biden's Debate Performance Raises Concerns
- Biden's poor debate performance amplified doubts about his candidacy.
- His confusion and difficulty with prepared statements were evident from the start.
Crypto as a Generational Divide
- Millennials and Gen Z's disillusionment and affinity for crypto are fueled by economic hardship and a perceived disconnect with older generations in power.
- The wealth and policy control held by older generations contribute to this sentiment.