Jeb Hensarling is the former Chairman of the House Financial Services Committee and one of the most influential voices in economic policy during the 2008 financial crisis. He has also joined ProCap BTC as a Senior Advisor. In this conversation, we talk about how Jeb pushed back against the bank bailouts, how those same issues led to the rise of bitcoin, his views on bitcoin, stablecoins, the broader crypto industry, and how technology and innovation are reshaping the financial system today.
======================
Check out my NEW show for daily bite-sized breakdowns of the biggest stories in finance, technology, and politics: http://pompdesk.com/
======================
Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/
======================
Xapo Bank, the world’s first fully licensed Bitcoin-enabled bank, offers military-grade security with an unmatched blend of physical and digital security, as well as pioneering regulatory oversight, so your funds are always protected. Beyond secure storage, they enable you to grow and use your Bitcoin. Earn daily interest in Bitcoin, spend with zero FX fees using a global card, and make instant payments via the Lightning Network for unrivalled access and convenience. Visit https://www.xapobank.com/pomp to join.
======================
Timestamps:
- 0:00 - Intro
- 2:25 - 2008 bank bailouts & Satoshi
- 6:21 - QE playbook & constant intervention
- 10:39 - Bitcoin as protection & property rights
- 17:11 - GENIUS Act & advice for industry regulation
- 24:36 - How to get lawmakers educated
- 28:11 - Why stablecoins matter for America & bitcoin
- 33:34 - How to think through a US bitcoin strategic reserve
- 38:39 - Opportunities in the intersection of finance and technology
- 43:25 - Choosing optimism & why Jeb is Long America
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
The Breakfast Club
The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!