Sam Seder
@TheMajorityReport·2M subscribers·30.1K videos
Crypto Bros Finally Invest In Something Real
Posted
December 11, 2024
Views
9,322
Likes
422
Comments
189
Engagement
6.55%
December 11, 2024
9,322
422
189
6.55%
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9:53Now PlayingLive-streamed on November 25, 2024
Jacob Silverman, co-author of his latest book Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud, and writer at the AM Quickie newsletter, discusses Trump’s nomination of Howard Lutnick to be Commerce Secretary, and his associations with crypto.
Jacob Silverman then walks Sam and Emma through the major influx in crypto spending in the 2024 election cycle, despite the industry’s recent stutters, and touches on the potential issue of an industry dominated by criminal conspiracy and transactions shaping US politics, before zeroing in on the particular role of one Tether, perhaps the largest cryptocurrency on the international level and a central investment of incoming Trump Commerce Secretary Howard Lutnick. After expanding on the incredibly shady, and fully not evidence-backed dealings of Tether, Jacob wraps up by unpacking the ultimate goal of the crypto industry in completely liberating the movement of money, freeing it from the shackles of absurd concepts like “fraud” and government regulations, and the role the Trump administration can play in making this goal a reality.
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