The Bad Crypto Podcast
Ep 743: Catching Bad Crypto Guys - BAD NEWS for Sep 24, 2024
Sep 25, 2024
Join Alex Fisun, CEO and co-founder of Global Ledger, as he dives into crucial topics surrounding cryptocurrency and financial crime prevention. The episode highlights Trump’s historic Bitcoin purchase and Kamala Harris's scripted crypto remarks. Discussion shifts to shifting investor sentiment and October market predictions, with a spotlight on a landmark Bitcoin transaction during National Cheeseburger Day. Expect insights on legal challenges following the FTX collapse and the evolving regulatory landscape that impacts compliance and user protection in the crypto space.
53:00
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Quick takeaways
- Trump's historic Bitcoin purchase underscores the growing legitimacy of cryptocurrency within government and mainstream transactions.
- Alex Fisun highlights the potential of blockchain technology in combating financial crime while emphasizing the importance of privacy in compliance efforts.
Deep dives
Historic Bitcoin Transaction by Trump
Trump has made history as the first U.S. president to publicly transact with Bitcoin, purchasing a cheeseburger at a Bitcoin-themed bar in New York on National Cheeseburger Day. This notable event marks an important milestone in the acceptance of cryptocurrency at high levels of government. During the transaction, Trump engaged with the notion of Bitcoin's value over time and its potential to contribute positively to the U.S. economy. It highlights the growing recognition of cryptocurrency as a legitimate means of transaction in mainstream society.
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