It’s been a while since former Speaker of the House Paul Ryan was in the public spotlight, but in this episode, we discover his surprising stance: he’s bullish on crypto! In fact, he believes that crypto could be crucial in staving off a U.S. debt crisis. We dive deep into his core argument and explore a range of related topics, such as:  - America’s debt crisis - The potential loss of the U.S. reserve currency status - How crypto could help the U.S. stay ahead of China - Why the left is anti-crypto - Crypto under a Trump vs. Kamala’s administration  This episode highlights how crypto is becoming an essential issue in Washington. Tune in for a comprehensive look at crypto’s growing influence on U.S. politics and beyond. ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠ 🦄UNISWAP | BROWSER EXTENSION https://bankless.cc/uniswap  ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle    🌐 OBOL | STAKE ON DVs, SCALE ETHEREUM https://bankless.cc/obol  🗣️TOKU | CRYPTO EMPLOYMENT  https://bankless.cc/toku  ------ ✨ Mint the episode on Zora ✨ https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/55   ------ TIMESTAMPS 0:00 Intro 5:11 Why Politics Are Messier 7:36 Being Speaker of the House 11:27 Paul’s WSJ Stablecoin Op-Ed 16:47 Paul’s Intro to Crypto 18:54 U.S. Debt Crisis 26:05 Losing Reserve Currency 28:29 CBDCs vs. Stablecoins  38:06 KYC Stablecoins & Legislation  43:27 Anti-Crypto Army 46:16 Is the Left Anti-Crypto?  51:03 Right vs. Left Crypto Adoption  55:50 Kamala vs. Trump 58:49 Advice to Bankless Listeners 1:01:18 Closing & Disclaimers ------ RESOURCES Paul Ryan  https://x.com/speakerryan   WSJ Article  https://www.wsj.com/articles/stablecoins-could-stave-off-a-us-debt-crisis-china-digital-currency-c491d717   ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures  ⁠  

Tron has been on a tear ranking second in stablecoin supply, highest number of token holders at 143.5 million, and has the second highest TVL among layer 1's at over $8 billion dollars.  What's causing this big spike and... why? ------ 📣 GET 10% OFF PERMISSIONLESS TICKETS | USE CODE: BANKLESS10  https://bankless.cc/PermissionlessDiscount  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠ 🦄UNISWAP | BROWSER EXTENSION https://bankless.cc/uniswap ⚖️ ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum   🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle    🌐 OBOL | STAKE ON DVs, SCALE ETHEREUM https://bankless.cc/obol  🗣️TOKU | CRYPTO EMPLOYMENT  https://bankless.cc/toku  ------ TIMESTAMPS & RESOURCES 00:00 David's New Fighting Opponent https://x.com/Permissionless/status/1826245778098237923  05:35 Markets https://pro.kraken.com/app/trade/btc-usd  https://pro.kraken.com/app/trade/eth-usd  https://farside.co.uk/?p=1518  https://unchainedcrypto.com/blackrocks-ethereum-etf-surpasses-1-billion-in-net-inflows/  09:17 Tron Taking Over? https://www.coingecko.com/en/coins/tron  14:57 Fear vs Greed In Markets https://x.com/Barchart/status/1825970627011817561  https://www.coinglass.com/pro/i/FearGreedIndex  19:53 Dems 2024 Platform Release https://x.com/BitcoinMagazine/status/1825571943891792289  https://x.com/RyanSAdams/status/1825620753783345308  https://x.com/RyanSAdams/status/1825625975528501711  https://x.com/RyanSAdams/status/1825619465339351144  https://washingtonreporter.news/editorial/scoop-kamala-harris-likely-to-nominate-gary-gensler-as-treasury-secretary-if-elected-senate-sources/  https://x.com/RyanSAdams/status/1825618904686739630  32:36 Trump Onchain https://blockworks.co/news/donald-trump-nft-royalties-memecoin-taxes  https://edition.cnn.com/2024/08/15/politics/read-donald-trump-financial-disclosure-forms/index.html  https://opensea.io/collection/trump-digital-trading-cards  39:02 Optimism Disabled Fraud Proofs? https://x.com/Optimism/status/1824560736657670314  42:47 Pump Dot Fun https://x.com/adam_tehc/status/1824994679265349802?s=46  45:33 McDonalds Memecoin? https://x.com/timo_bult/status/1826284191115530600  https://pump.fun/4BRummYdfvoEGQwYzTSmn5F6RyAFdrHUTFkeagobpump  50:02 Story $80 Million Raise https://www.story.foundation/  https://x.com/jasonjzhao/status/1826236451954286946  53:58 Sorella Labs $7.5 Million https://www.theblock.co/post/312222/paradigm-sorella-labs-ethereum-mev-problem?utm_source=twitter&utm_medium=social  57:20 Meme Of The Week https://x.com/vitalikbuterin/status/1826253901240431083?s=46    ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠