Patrick is the Executive Director of the President’s Council of Advisors for Digital Assets. We spoke to Patrick at ETH Denver to get the latest on Market Structure. Patrick discuses when the bill will pass, banks vs. crypto arguments, why developers should care about legislation, ethics concerns, if there will be enough Democrats to pass the bill, concerns with further delaying the bill, thoughts on David Sacks as Crypto Czar and who may replace him next
This episode is sponsored by Gemini: https://gemini.com/CIA
Watch On YouTube: https://youtu.be/2DHcedfFrvU
Please note that this podcast is for informational purposes only and any views shared by anyone on the show are opinions, not financial advice. The host or guests may have a direct or indirect financial interest in content mentioned in this episode.
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TIMESTAMPS:
0:00 - Welcome Patrick Witt To Crypto In America!
0:30 - Latest Update On Market Structure
4:30 - Locked Phones During Meeting
5:30 - Banks vs. Crypto Industry - Will They Find Common Ground?
7:50 - Agreement Timeline - Will It Take Until March or Aprill?
9:30 - Thoughts on Reconciliation Process
12:00 - Patrick’s Message To Developers & Why They Should Care About DC Legislation
14:10 - Ethics Concerns - Will There Be Enough Democrat Votes?
16:40 - Brain Drain Concerns From Delays
18:00 - Thoughts On David Sacks’ Time In DC As Crypto Czar
#crypto #bitcoin #blockchain #investing #technology #america
