Michael Selig

speaker

215 appearances 3 recordings 3 series first heard Mar 2026 last heard 8 Jul

Michael Selig’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 2.

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The Glenn Beck Program · Democrats FINALLY Denounce Graham Platner, but Reveal a Bigger Problem | Guests: Tom Homan & Michael Selig | 7/7/26 · 7 Jul 2026 podcast

There's investor protections and delays.

It has to go through what's called an order book where you're matched with a counterparty on the exchange.

The exchange then clears that through a clearinghouse where they're standing in between.

You don't have any of those protections when you walk into a casino, and that's for good reason because that's entertainment.

So that is all regulated by the state really to raise tax revenue and then also for entertainment purposes to allow for bookies, for example –

in most of these casinos, they actually take the other side of your position.

So they're coming out and they're looking at the data and saying, these are the odds of, you know, if it's a sports event, who's going to win the game or whatever else they're betting on, and they'll bet against you essentially.

And so they're going to give you worse terms because they always make money, right?

And the casinos are always making money and they're able to serve you alcohol and do all these things because they're entertainment businesses.

The Clarity Act, talking to this future proof notion of making sure that crypto is here to stay, that the next administration doesn't come and take it all away from us.

We want to get in statute.

And this has been from the top.

The president has pushed for this and it's in our hearts.

President's Working Group report.

It's legislation that creates a market structure, just like we have for the prediction markets and for securities markets.

We would have exchanges that are federally regulated.

And the problem here is that the states, you know, if you look to a state like New York, they're very aggressive against crypto.

We're in litigation, for example, with Letitia James on some of these issues.

They do not like it.

And so we need federal protections for the product and for the exchanges.

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