Supply Shock
Crypto Wars: Republicans & Democrats FIGHT Over Bitcoin & Stablecoins | Weekly Roundup LIVE @ DAS
Mar 20, 2025
Join Casey Wagner, a Senior reporter for BlockWorks covering crypto news and politics, and Ben Strack, also with BlockWorks focusing on institutional crypto involvement, as they tackle the heated political landscape surrounding Bitcoin. They discuss the urgency of bipartisan legislation on cryptocurrencies, corporate adoption trends, and the intriguing rise of Bitcoin staking. They also explore the evolving perception of Bitcoin and stablecoins, revealing how mainstream interest is growing while skepticism remains in certain quarters. It's a dynamic conversation shaping the future of digital assets!
41:10
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Quick takeaways
- The podcast highlights the increasing political engagement surrounding Bitcoin legislation as U.S. lawmakers advocate for a strategic Bitcoin reserve.
- It discusses the growing interest of major financial institutions in adopting Bitcoin as a treasury asset, reflecting a shift in corporate finance strategies.
Deep dives
Political Engagement and Legislation
The episode emphasizes the active political engagement surrounding Bitcoin and cryptocurrency legislation, particularly after the announcement of a strategic Bitcoin reserve by the U.S. government. Key figures, such as Congressman Cynthia Lummis, are advocating for bills that could formally establish this reserve and prepare the legislative groundwork for future Bitcoin purchases. Participants at the Digital Asset Summit noted the significance of upcoming bills on stablecoins and market structure as potential catalysts for change. This political landscape reflects a shifting appetite towards the inclusion of Bitcoin in federal policy, although bipartisan support remains inconsistent.
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