Will Gottsagen
👤 PersonAppearances Over Time
Podcast Appearances
Well, I think to understand that question, you have to sort of go back and look how crypto has been regulated over the past sort of throughout the Biden presidency. Biden had appointed Gary Gensler as the head of the SEC, and he was largely seen as a pretty, pretty kind of lefty, pretty aggressive regulator, especially when it came to crypto.
Well, I think to understand that question, you have to sort of go back and look how crypto has been regulated over the past sort of throughout the Biden presidency. Biden had appointed Gary Gensler as the head of the SEC, and he was largely seen as a pretty, pretty kind of lefty, pretty aggressive regulator, especially when it came to crypto.
Well, I think to understand that question, you have to sort of go back and look how crypto has been regulated over the past sort of throughout the Biden presidency. Biden had appointed Gary Gensler as the head of the SEC, and he was largely seen as a pretty, pretty kind of lefty, pretty aggressive regulator, especially when it came to crypto.
I mean, he had a background teaching a crypto class at MIT. He knew his stuff, and he kind of wanted to make an example of the crypto industry. And so now, Trump, fast forward to 2024, Trump is elected. As soon as he's inaugurated, basically, he rolls back a huge amount of the investigations that were kicked off by Biden's SEC, Gensler's SEC, Lina Khan's FTC.
I mean, he had a background teaching a crypto class at MIT. He knew his stuff, and he kind of wanted to make an example of the crypto industry. And so now, Trump, fast forward to 2024, Trump is elected. As soon as he's inaugurated, basically, he rolls back a huge amount of the investigations that were kicked off by Biden's SEC, Gensler's SEC, Lina Khan's FTC.
I mean, he had a background teaching a crypto class at MIT. He knew his stuff, and he kind of wanted to make an example of the crypto industry. And so now, Trump, fast forward to 2024, Trump is elected. As soon as he's inaugurated, basically, he rolls back a huge amount of the investigations that were kicked off by Biden's SEC, Gensler's SEC, Lina Khan's FTC.
These are like, these were, you know, they had a real track record for being very harsh on crypto. And now it's like a total free-for-all. I mean, there are still... regulations that the rules really haven't changed that much. It's just how they're enforced and they're being enforced a lot less harshly than they were during the Biden administration.
These are like, these were, you know, they had a real track record for being very harsh on crypto. And now it's like a total free-for-all. I mean, there are still... regulations that the rules really haven't changed that much. It's just how they're enforced and they're being enforced a lot less harshly than they were during the Biden administration.
These are like, these were, you know, they had a real track record for being very harsh on crypto. And now it's like a total free-for-all. I mean, there are still... regulations that the rules really haven't changed that much. It's just how they're enforced and they're being enforced a lot less harshly than they were during the Biden administration.
As much as the industry and the good actors in the industry, of which there are many, have tried to say, look, crypto is a double-edged sword. The fact of it's being kind of fast and loose and anonymous, there are a lot of really good qualities that come with that, but it's also enabled some of the worst in people and maybe the worst of Trump's impulses to really come to the fore.
As much as the industry and the good actors in the industry, of which there are many, have tried to say, look, crypto is a double-edged sword. The fact of it's being kind of fast and loose and anonymous, there are a lot of really good qualities that come with that, but it's also enabled some of the worst in people and maybe the worst of Trump's impulses to really come to the fore.
As much as the industry and the good actors in the industry, of which there are many, have tried to say, look, crypto is a double-edged sword. The fact of it's being kind of fast and loose and anonymous, there are a lot of really good qualities that come with that, but it's also enabled some of the worst in people and maybe the worst of Trump's impulses to really come to the fore.
It has directly transmuted the Trump brand into money. And it has muddied a lot of those pathways. I mean, exactly what's worrying people on both sides of the aisle about the Qatar plane situation, like, we've taken that to, like, a whole different degree with the sort of anonymous money situation stemming from Trump's crypto businesses.
It has directly transmuted the Trump brand into money. And it has muddied a lot of those pathways. I mean, exactly what's worrying people on both sides of the aisle about the Qatar plane situation, like, we've taken that to, like, a whole different degree with the sort of anonymous money situation stemming from Trump's crypto businesses.
It has directly transmuted the Trump brand into money. And it has muddied a lot of those pathways. I mean, exactly what's worrying people on both sides of the aisle about the Qatar plane situation, like, we've taken that to, like, a whole different degree with the sort of anonymous money situation stemming from Trump's crypto businesses.
So it wouldn't surprise me if as that continues to come out and continues to be muddier and muddier, that people on both sides of the aisle start to react to that.
So it wouldn't surprise me if as that continues to come out and continues to be muddier and muddier, that people on both sides of the aisle start to react to that.
So it wouldn't surprise me if as that continues to come out and continues to be muddier and muddier, that people on both sides of the aisle start to react to that.