No matter what, the cryptocurrency industry was going to win the election. After spending hundreds of millions to influence politicians in both parties, the industry defeated some of its fiercest critics and scored bipartisan support, particularly from President-elect Donald Trump, despite crypto’s potential risks for consumers and the financial system. Today on Lever Time, Lever reporter Freddy Brewster discusses crypto’s emergence as a political power broker and what industry insiders are hoping for in return for their massive donations.
Then, Senior Podcast Producer Arjun Singh sits down with documentarian Cullen Hoback to discuss his new film Money Electric: The Bitcoin Mystery, in which Hoback alleges to have discovered the identity of the enigmatic inventor of the groundbreaking cryptocurrency Bitcoin.
For a transcript of this episode, click here.
LEVER TIME PREMIUM: The Populist Paradox Of Matt Gaetz
Exclusively for paid subscribers. President-elect Donald Trump’s pick of Rep. Matt Gaetz for attorney general has rocked Washington. Gaetz’s controversial history, including a Justice Department investigation into alleged sex trafficking, makes him an absurd choice. But in a special Lever Time Premium episode exclusively for paid subscribers, political analyst and Lever contributor Matt Stoller points out that Gaetz has a surprising record on antitrust and issues of corporate power, raising questions about his potential impact on corporate regulation if he manages to be confirmed.