Bankless

105 - Crypto in Washington | Congressman Tom Emmer

Feb 14, 2022

Congressman Tom Emmer, a dedicated crypto advocate from Minnesota, sheds light on the evolving stance of Washington towards cryptocurrency. He challenges the notion that the government is entirely anti-crypto, revealing the complexities of legislative conversations. Emmer emphasizes the urgent need for updated regulations to prevent losing innovators to other countries. The discussion also touches on the implications of centralized digital currencies like China's, urging a focus on privacy and innovation. Find out how grassroots efforts are reshaping crypto policy in D.C.!

01:01:33

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Episode guests

Rep. Tom Emmer

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Episode notes

Intro

2min

The Evolving Role of Crypto in Governance and Innovative Trading Solutions

4min

Empowering Cryptocurrency: A Political Perspective

28min

The Need for Legislative Reform in Cryptocurrency Regulation

4min

Navigating Crypto Regulation

11min

The CBDC Challenge: Navigating Innovation and Privacy

7min

Engaging Politics: Crypto Community Strategies

6min

Is D.C. taking crypto seriously? Congressman Tom Emmer shares the latest from the ongoings in Washington. Minnesota Representative Emmer is a 4th term member of the House of Representatives. He sits on the House Financial Services Committee and is a dedicated crypto advocate. Many of us have preconceived notions that the majority of the government is anti-crypto. Representative Emmer explains why this isn’t entirely true. We also unpack what’s at stake here. What happens if we get crypto policy wrong? How do we defeat the super-shadowy-legislators? Should we follow in China’s Digital Yuan footsteps?

Lastly, Representative Emmers shares that Bankless—yes—Bankless is having an impact in Washington! Find out in what way and how we’re going to continue crypto-pilling everyone in Washington.

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------ Topics Covered:

0:00 Intro 6:00 Rep. Tom Emmer 13:20 Why D.C. Hates Crypto 19:53 What’s at Stake? 26:02 Playing Devil’s Advocate 31:55 The Opportunity 37:03 Legislative Solutions 43:56 Securities Clarity Act 52:44 China’s Digital Yuan 57:25 How We Win in D.C. 1:03:24 Closing & Disclaimers

------ Resources:

Representative Emmer on Twitter https://twitter.com/reptomemmer

Representative Emmer’s website https://emmer.house.gov/

Elon Musk vs. Elizabeth Warren https://twitter.com/SenWarren/status/1470415896053227522?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1470898920146542592%7Ctwgr%5E%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Findianexpress.com%2Farticle%2Ftrending%2Ftrending-globally%2Felon-musk-elizabeth-warren-taxes-twitter-spat-7674225%2F

PAC.xyz https://www.pac.xyz/

The Road to Serfdom by Friedrich Hayek https://www.goodreads.com/book/show/299215.The_Road_to_Serfdom

The Scandal of Money by George Gilder https://www.goodreads.com/book/show/29632093-the-scandal-of-money?from_search=true&from_srp=true&qid=kaAA6nUX2E&rank=1

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures

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