cover of episode The Chopping Block: 2024 Election Debate feat. Mike Novogratz & Shaun Maguire - Ep. 729

The Chopping Block: 2024 Election Debate feat. Mike Novogratz & Shaun Maguire - Ep. 729

2024/11/3
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Unchained

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Shownotes Transcript

Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner slice into the juiciest topics in crypto. This week, Robert Leshner welcomes two special guests: Mike Novogratz, CEO of Galaxy, and Shaun Maguire, general partner at Sequoia Capital, for a one-of-a-kind debate on how the upcoming 2024 U.S. presidential election could shape the future of crypto. With the stakes higher than ever, they explore what a Harris or Trump presidency could mean for crypto regulation, market infrastructure, and the populist undercurrents driving the industry forward. From blockchain voting possibilities to the macroeconomic forces impacting Bitcoin and stablecoins, the conversation pushes beyond policy to the heart of crypto's role in tomorrow's world. This episode delivers crucial insights on the political forces that could redefine crypto’s trajectory in the U.S. and beyond.

Show highlights

🔹 Crypto in the Election Crosshairs: Mike Novogratz and Shaun Maguire debate how a Trump or Harris presidency could reshape the U.S. crypto landscape.

🔹 Deregulation vs. Innovation: Trump’s pro-deregulation stance meets Harris’s pro-innovation campaign promises. Which path is better for crypto growth?

🔹 Crypto's Populist Appeal: How Trump’s base connects with crypto’s populist movement and why that resonates with “the people at the bottom” of the income bracket.

🔹 Deep State and Political Jaywalking: Shaun Maguire dives into the concept of “political jaywalking” and its impact on trust in U.S. elections.

🔹 The Future of Blockchain Voting: Could blockchain-based voting bring transparency to elections? The crew weighs in on the feasibility and timing of decentralized voting.

🔹 Bitcoin's Role in Macro Trends: With U.S. debt surging, Mike and Shaun share their thoughts on Bitcoin as a hedge, whether Trump or Harris takes office.

🔹 The Crypto Political Machine: A look at how crypto insiders engage with political campaigns and the industry’s impact on down-ballot races.

🔹 Wildcard Assets: How a national Bitcoin reserve might impact U.S. fiscal policy – could it ever happen under Harris?

Hosts

⭐️Robert Leshner), CEO & Co-founder of Superstate

Guests

⭐️Mike Novogratz), CEO of Galaxy

⭐️Shaun Maguire), general partner at Sequoia Capital

Disclosures)

**Timestamps **

  • 00:00 Introduction

  • 02:03 Shaun’s Argument for Trump

  • 05:10 Mike's Argument for Harris

  • 11:10 Political Bias and Prediction Markets

  • 18:25 Flynn & Political Jaywalking

  • 24:26 Macroeconomic Implications for Crypto

  • 30:29 Bitcoin Price Predictions Post-Election

  • 32:38 Gold & Central Bank Dynamics

  • 34:41 Nation States & Bitcoin Reserves

  • 37:35 Military Technology & Future Dominance

  • 39:10 Presidential Campaign Issues & AI

  • 47:44 Election Integrity & Blockchain Voting

  • 53:17 Crypto's Influence in Politics

  • 56:42 $WLFI Endeavors

  • 01:00:17 Closing Thoughts

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