Zeke Faux
👤 PersonAppearances Over Time
Podcast Appearances
an interview to Bloomberg from Davos where he was like, hey, Tether, I've seen their money. They got the money. You can trust them, something like that. And that also was really helpful. So it was kind of controversial at his confirmation hearing. He got asked a lot of questions about his relationship with Tether and what he thinks about... It's used for money laundering.
an interview to Bloomberg from Davos where he was like, hey, Tether, I've seen their money. They got the money. You can trust them, something like that. And that also was really helpful. So it was kind of controversial at his confirmation hearing. He got asked a lot of questions about his relationship with Tether and what he thinks about... It's used for money laundering.
And he kind of repeated his defense of the company and said, hey, Tether works with law enforcement. They're against crime. They want to stop it. You know, I've helped them improve their compliance. He just got confirmed. So he'll be the Commerce Secretary.
And he kind of repeated his defense of the company and said, hey, Tether works with law enforcement. They're against crime. They want to stop it. You know, I've helped them improve their compliance. He just got confirmed. So he'll be the Commerce Secretary.
And he kind of repeated his defense of the company and said, hey, Tether works with law enforcement. They're against crime. They want to stop it. You know, I've helped them improve their compliance. He just got confirmed. So he'll be the Commerce Secretary.
His crypto czar, David Sachs, is an investor in Solana, which is like the network that the meme coins run on. So with these meme coins, right, it seems pretty weird. Like, is the government going to do anything about this? It's like a question you might ask.
His crypto czar, David Sachs, is an investor in Solana, which is like the network that the meme coins run on. So with these meme coins, right, it seems pretty weird. Like, is the government going to do anything about this? It's like a question you might ask.
His crypto czar, David Sachs, is an investor in Solana, which is like the network that the meme coins run on. So with these meme coins, right, it seems pretty weird. Like, is the government going to do anything about this? It's like a question you might ask.
More or less. And he's come out and said, these are collectibles. These are digital collectibles, which is code for they should be unregulated.
More or less. And he's come out and said, these are collectibles. These are digital collectibles, which is code for they should be unregulated.
More or less. And he's come out and said, these are collectibles. These are digital collectibles, which is code for they should be unregulated.
Yeah, the Bitcoin Reserve is one of the craziest policies that has been put on the table here. And I saw Trump propose this at the Bitcoin conference in Nashville last year. And I was just shocked that he was repeating so many of the industry's talking points. And yeah, one Republican senator has sort of spelled out some details for this.
Yeah, the Bitcoin Reserve is one of the craziest policies that has been put on the table here. And I saw Trump propose this at the Bitcoin conference in Nashville last year. And I was just shocked that he was repeating so many of the industry's talking points. And yeah, one Republican senator has sort of spelled out some details for this.
Yeah, the Bitcoin Reserve is one of the craziest policies that has been put on the table here. And I saw Trump propose this at the Bitcoin conference in Nashville last year. And I was just shocked that he was repeating so many of the industry's talking points. And yeah, one Republican senator has sort of spelled out some details for this.
And she would have the US government spend $100 billion to buy... Bitcoin. And as I explained before, people are not using Bitcoin for anything. So the pitch now that Bitcoiners have is that this is digital gold. The idea with the Bitcoin Reserve is that The price of Bitcoin will inevitably go up. And therefore, if the government should get in early and make money by trading it.
And she would have the US government spend $100 billion to buy... Bitcoin. And as I explained before, people are not using Bitcoin for anything. So the pitch now that Bitcoiners have is that this is digital gold. The idea with the Bitcoin Reserve is that The price of Bitcoin will inevitably go up. And therefore, if the government should get in early and make money by trading it.
And she would have the US government spend $100 billion to buy... Bitcoin. And as I explained before, people are not using Bitcoin for anything. So the pitch now that Bitcoiners have is that this is digital gold. The idea with the Bitcoin Reserve is that The price of Bitcoin will inevitably go up. And therefore, if the government should get in early and make money by trading it.
And the thing to me is that this is a handout to anybody who already has Bitcoin. No one has any reason to buy Bitcoin like it's not used. You don't need it for anything. The point of Bitcoin now is the price going up. And so at this point, the price is very high. So like you or I buying Bitcoin is not going to do anything for the price. They need bigger like pools of money.
And the thing to me is that this is a handout to anybody who already has Bitcoin. No one has any reason to buy Bitcoin like it's not used. You don't need it for anything. The point of Bitcoin now is the price going up. And so at this point, the price is very high. So like you or I buying Bitcoin is not going to do anything for the price. They need bigger like pools of money.
And the thing to me is that this is a handout to anybody who already has Bitcoin. No one has any reason to buy Bitcoin like it's not used. You don't need it for anything. The point of Bitcoin now is the price going up. And so at this point, the price is very high. So like you or I buying Bitcoin is not going to do anything for the price. They need bigger like pools of money.