Best Podcast Episodes About Gary Gensler
Everything podcasters are saying about Gary Gensler — curated from top podcasts
Updated: Apr 02, 2026 – 22 episodes
Listen to the Playlist
Ridealong has curated the best and most interesting podcasts and clips about Gary Gensler.
Top Podcast Clips About Gary Gensler
“You have this yield situation and you have, you know, what is the best? Do we want regulation by enforcement to end at the SEC and to avoid a Gensler 2.0, or do we want the yield? And obviously, that's a big, big issue for people. I side on the thought of another Gary Gensler coming in and engaging in regulation by enforcement is just going to chase everything offshore. It's going to die. Innovation will die potentially here. I hate the banks. Let me be blunt. I think the banks are one of the biggest enemies of the American people. And we can go down to 2008 financial crisis proves it. But …”
“You have this yield situation and you have, you know, what is the best? Do we want regulation by enforcement to end at the SEC and to avoid a Gensler 2.0, or do we want the yield? And obviously, that's a big, big issue for people. I side on the thought of another Gary Gensler coming in and engaging in regulation by enforcement is just going to chase everything offshore. It's going to die. Innovation will die potentially here. I hate the banks. Let me be blunt. I think the banks are one of the biggest enemies of the American people. And we can go down to 2008 financial crisis proves it. But at the same time, I think we need something. Charles Hodgkinson, he makes valid points about yield and about the de facto being a security for young projects and the burdensome of getting out of purgatory at the SEC. And, of course, the criticism of passive yield not going to stablecoins for exchanges. Those things are valid criticisms. But if we go …”
View more
Ridealong summary
The outcome of the midterms could determine the future of crypto regulation in the U.S., especially regarding the controversial Clarity Act. With a 52% chance of Democrats retaining the Senate, the stakes are high—another Gensler-like figure could push innovation offshore. Young Democrats are advocating for a balanced approach that fosters innovation rather than stifling it.
“Hey, matter of fact, Gary, I'm glad Uncle leaded with that question as far as doing something, obviously having older kids like myself and starting back over with twins. Not too long ago, Uncle and I and Joe as well, we talked about actually having kids again. No, Uncle didn't. You did. Uncle ain't missing ish. Hey, Joe, you said y'all two agree with me. We talked about a triple marriage. We talk about us having no kids. Well, Gary, I'm thinking about having twins. I …”
“Hey, matter of fact, Gary, I'm glad Uncle leaded with that question as far as doing something, obviously having older kids like myself and starting back over with twins. Not too long ago, Uncle and I and Joe as well, we talked about actually having kids again. No, Uncle didn't. You did. Uncle ain't missing ish. Hey, Joe, you said y'all two agree with me. We talked about a triple marriage. We talk about us having no kids. Well, Gary, I'm thinking about having twins. I want to know, what do you think about me having twins? Do you think it's a good move at this point in life, or should I just stick with what I have right now? Keep it real, G. You close to double digits. Might as well get that even 10. See? That's what I'm talking about. One thing. Obviously, you know how I am. I'm very financially savvy. so what …”
View more
Ridealong summary
Gary Owen reveals the unexpected decision to invite Chad 'Ochocinco' Johnson to officiate his wedding. After witnessing a fun wedding ceremony led by Cedric the Entertainer, Gary wanted to create a relaxed atmosphere instead of a traditional, serious one. This light-hearted approach highlights the importance of making personal choices that resonate with your unique style, especially during significant life events.
“… Trump's first term, he would say something that, you know, the private sector didn't like, but they would call up Steve Mnuchin, they would call up Gary Cohn, and there would be this back and forth. And that totally went away during the Biden administration in the sense that people were making decisions who would never run a P&L, who would never run a balance sheet, never really underwritten risk for a living. That has obviously come back. So that, I think, is the most charitable and sort of least politicized view of all of this and seems fine to me. AI is really important. It's really …”
“… that was really widely felt in the private sector about the Biden administration was less the sort of policies they were pursuing than the personnel pursuing them and the sort of access that private sector people had. Like, say what you want, even Trump's first term, he would say something that, you know, the private sector didn't like, but they would call up Steve Mnuchin, they would call up Gary Cohn, and there would be this back and forth. And that totally went away during the Biden administration in the sense that people were making decisions who would never run a P&L, who would never run a balance sheet, never really underwritten risk for a living. That has obviously come back. So that, I think, is the most charitable and sort of least politicized view of all of this and seems fine to me. AI is really important. It's really important economically. It's really important for national security. And I think we'll all remember that Senate hearing where a bunch of the big tech executives were being questioned by senators who clearly just had no idea how they made money. I mean, that knowledge gap between people doing the regulating and writing the laws and the industries they're …”
View more
Ridealong summary
The new tech council advising the White House is composed of industry leaders like Zuckerberg and Huang, marking a shift from academic advisors to those directly building technology. This change could lead to more effective regulation, but it also raises concerns about conflicts of interest and the power dynamics between the industry and government. As AI becomes crucial for the economy and national security, the implications of this council are significant.
“… that happening A lot of weird shit First of all the tree Let's discuss the tree. All right. Because that's the first thing they looked at here. Gary's story required, obviously, a gigantic tree to have fallen at exactly the right moment to knock Teresa into the pond and pin her face down under the water. Yeah. Okay. So 1,000 pounds, 60 foot tall. And it would have to keep like crush her down into it, not even like knock her out of the way or anything. I mean, best case scenario, she sees it, dives under to try to get away from it, and it gets her while she's underwater. Best case scenario. …”
“Right So they go through everything The 911 call the autopsy report the photographs the witnesses And as they looking into it they start seeing some pretty clear Yeah You know bird eye view here Pretty good clear cracks in everything that happening A lot of weird shit First of all the tree Let's discuss the tree. All right. Because that's the first thing they looked at here. Gary's story required, obviously, a gigantic tree to have fallen at exactly the right moment to knock Teresa into the pond and pin her face down under the water. Yeah. Okay. So 1,000 pounds, 60 foot tall. And it would have to keep like crush her down into it, not even like knock her out of the way or anything. I mean, best case scenario, she sees it, dives under to try to get away from it, and it gets her while she's underwater. Best case scenario. Yeah. Well, if she didn't just look at it and go, hey, like Gary says, like we're supposed to believe. Yeah. So the tree does not break any of Teresa's bones. And they're a little skeptical about any time a thousand pound object falls on. You're probably going to have a broken bone or two. Yeah. Just the way it works. They said also it didn't leave …”
View more
Ridealong summary
In this segment, the hosts dissect the bizarre case of a woman allegedly killed by a falling tree. They hilariously question the physics of a 1,000-pound tree not breaking any bones, while the hosts joke about how glasses would fly off in a fall, making it a comedic yet morbid exploration of the incident.
“… much more open to open source privacy developers. But it appears not. And one of the people leading this war is actually, do you remember the pre-Gary Gensler who he was? Jay Clayton. Say his name. Jay Clayton. Jay Clayton. Bad man. He's a bad man. He is not proving himself to be a friend of crypto. So there's a story actually in Bankless about some of his history. So Jay Clayton is now the U.S. Attorney General for the Southern District of New York. He's leading the charge here. He's the guy who is deciding to re-prosecute. He was the guy who decided to prosecute the first time. He also brought the …”
“… 2026, that's just this month, said that lawful users of digital assets may leverage mixers to enable financial privacy. So we thought we were in the clear with this administration that they were calling off the dogs and they were just, you know, being much more open to open source privacy developers. But it appears not. And one of the people leading this war is actually, do you remember the pre-Gary Gensler who he was? Jay Clayton. Say his name. Jay Clayton. Jay Clayton. Bad man. He's a bad man. He is not proving himself to be a friend of crypto. So there's a story actually in Bankless about some of his history. So Jay Clayton is now the U.S. Attorney General for the Southern District of New York. He's leading the charge here. He's the guy who is deciding to re-prosecute. He was the guy who decided to prosecute the first time. He also brought the Ripple lawsuit together when he was back at the chair of the SEC. Not only Roman Storm, the Samurai Wallet developers.”
View more
Ridealong summary
The DOJ is set to retry Roman Storm, the developer of Tornado Cash, despite a previous hung jury on serious charges. This decision raises concerns about the implications for open-source developers in the crypto space, especially as the government shifts its stance on digital asset regulation. With the potential for up to 40 years in prison, the case highlights the ongoing tension between innovation and regulatory scrutiny in the cryptocurrency world.
“Gensler returns ahead of clarity. What does all this mean today? We've got a special one for you. Stick around. Let's get into it. I do want to thank our sponsor, and that is iTrust Capital, where you guys can get into your own crypto IRA. Very easy to set up over there. Just go to itrustcapital.com. You can buy and sell crypto gold and silver with your IRA. All of that, no fees in terms of your monthly. You just pay for fees for individual trades that …”
“Gensler returns ahead of clarity. What does all this mean today? We've got a special one for you. Stick around. Let's get into it. I do want to thank our sponsor, and that is iTrust Capital, where you guys can get into your own crypto IRA. Very easy to set up over there. Just go to itrustcapital.com. You can buy and sell crypto gold and silver with your IRA. All of that, no fees in terms of your monthly. You just pay for fees for individual trades that you manage in your own crypto IRA, join 300,000 plus accounts, 17 billion out there. One of the top rated trust pilot platforms out there when it comes to crypto IRA. So make your retirement funds work for you guys. Get started. Check it out. Use our link down below. It's going to give you a little bit of bonus to get started and get going. I do …”
View more
Ridealong summary
Gary Gensler is taking a strong stance against interest payments on stablecoins, raising concerns about their impact on the banking system. As stablecoins become major players in Treasury markets, Gensler's influence could reshape the crypto landscape. Plus, he’s launching a new podcast, 'Power and Consequences,' to discuss these pressing issues.
“… he's not helping us right now. And look, two things can be true. Donald Trump has been better for crypto than things were under Elizabeth Warren and Gary Gensler, right? Absolutely, but he's also taking advantage of the market, right, and some people can't see that for the life of them, right? Their politician can do no wrong, but I don't worship politicians, folks. I keep politicians accountable, right? The government is supposed to work for the people. So we gotta call it like we see it. You know, when Donald Trump was running and when he came into office, you know, we were saying, look, where's …”
“… in yesterday's podcast, Trump needs to slow the hell down, man. He should not be doing all these crypto things. It's really gonna put a roadblock in front of us for the Clarity Act and hopefully, you know, we are still able to get it done, but he's not helping us right now. And look, two things can be true. Donald Trump has been better for crypto than things were under Elizabeth Warren and Gary Gensler, right? Absolutely, but he's also taking advantage of the market, right, and some people can't see that for the life of them, right? Their politician can do no wrong, but I don't worship politicians, folks. I keep politicians accountable, right? The government is supposed to work for the people. So we gotta call it like we see it. You know, when Donald Trump was running and when he came into office, you know, we were saying, look, where's Kamala Harris? Where's all these people? They're not doing a great job, Donald Trump is. Now Trump is taking advantage of this market, so we gotta call it like we see it, and he could potentially really stop this Clarity Act from passing, and I hope not, but you can see these people are not, they're gonna use it against him, and he put himself in that …”
View more
Ridealong summary
Donald Trump's recent involvement in the crypto space may hinder the passage of the Clarity Act, as his actions have sparked backlash from politicians, including Senators Warren and Kim. While Trump has previously been seen as beneficial for crypto, his current maneuvers could create obstacles for regulatory clarity, prompting concerns among both supporters and critics. This highlights the complex relationship between politics and the evolving crypto landscape.
“joe dimaggio yeah that's right yeah where have you gone gary busey who played dimaggio in blonde in blonde also gary busey brought him back wasn't it adrian brody no is it oh boy i remember thinking they got DiMaggio wrong. In blonde, Gary Busey was Albert Einstein. In blonde, Gary Busey did come back. Is Gary Busey alive or did he recently leave us? He's alive. He's alive, but let's just say this episode's a month away. As is Peter Weir. Peter Weir is alive, retired, and I truly think like gardening and …”
“joe dimaggio yeah that's right yeah where have you gone gary busey who played dimaggio in blonde in blonde also gary busey brought him back wasn't it adrian brody no is it oh boy i remember thinking they got DiMaggio wrong. In blonde, Gary Busey was Albert Einstein. In blonde, Gary Busey did come back. Is Gary Busey alive or did he recently leave us? He's alive. He's alive, but let's just say this episode's a month away. As is Peter Weir. Peter Weir is alive, retired, and I truly think like gardening and chilling. Yeah. He seems to be taking it easy. Yeah. What was I going to say? So I think the, because there's this thing especially in like the Australian Peter Weir movies, at least the ones that I've seen, where there's like something grotesque or there's some kind of like the guy from the, what's the plumber one? The plumber, the plumber, the …”
View more
Ridealong summary
Peter Weir's 'Picnic at Hanging Rock' is celebrated as the quintessential Australian film, achieving serious artistic legitimacy in the 1970s. This segment dives into Weir's unique ability to blend darkness with mainstream Hollywood success, establishing him as a pivotal figure in Australian New Wave cinema. The discussion highlights how this film not only defined a genre but also positioned Weir as Australia's answer to Ingmar Bergman.
“… now and that we're seeing so much innovation in the space. But I want to see that for years to come. I want to make sure that if we do get the next Gary Gensler, that the rules and the statutes are very clear and they keep this stuff here for the long term. Clarity is a pretty wide ranging bill. There's a lot of components inside of it as it relates to crypto, a bunch of different things. Is there a part of clarity that you find particularly exciting or has like a particularly large opportunity for either crypto or America? What part of clarity is your favorite? Clarifying what's a security and what's …”
“… developed. So I'm hoping that we have both the crypto capital of the world today, which I do believe the president has made the United States crypto capital of the world. I don't think there's any question that this is the best place to build right now and that we're seeing so much innovation in the space. But I want to see that for years to come. I want to make sure that if we do get the next Gary Gensler, that the rules and the statutes are very clear and they keep this stuff here for the long term. Clarity is a pretty wide ranging bill. There's a lot of components inside of it as it relates to crypto, a bunch of different things. Is there a part of clarity that you find particularly exciting or has like a particularly large opportunity for either crypto or America? What part of clarity is your favorite? Clarifying what's a security and what's not is going to be critical because the last thing we want is to backslide into the last administration where all of a sudden now the Solana blockchain, the Ethereum blockchain is a national securities exchange. So that's really critical. We're going to protect the industry here in the U.S. with statutory clarity that certain things are subject to …”
View more
Ridealong summary
The U.S. is poised to become the crypto capital of the world with clear regulations that encourage innovation and prevent regulatory backsliding.
The ongoing challenge in crypto regulation is the lack of clear definitions for crypto assets, which complicates compliance for the industry.
Regulatory clarity through rulemaking is possible but insufficient without legislative action to truly define crypto assets.
“… It did in the last election. Crypto was the biggest donor in that election. And that was because it was attacked unlawfully by Elizabeth Warren and Gary Gensler. But across the globe, we're seeing a similar type of trend. So major Tether investors' donations to UK party pushing pro-crypto policies reach $16 million. So something similar is happening here in the UK. Reform UK became the first UK party to accept cryptocurrency donations, prompting calls from lawmakers to ban the practice. The debate unfolds as the UK finalizes its broader crypto rulebook, with firms like Coinbase urging regulators to …”
“… or weeks. So that is something I expect to happen. I don't think that's going to be a problem, but it's already made its way up there to get the signature. So this is really great. And we know crypto is going to play a major part in US elections. It did in the last election. Crypto was the biggest donor in that election. And that was because it was attacked unlawfully by Elizabeth Warren and Gary Gensler. But across the globe, we're seeing a similar type of trend. So major Tether investors' donations to UK party pushing pro-crypto policies reach $16 million. So something similar is happening here in the UK. Reform UK became the first UK party to accept cryptocurrency donations, prompting calls from lawmakers to ban the practice. The debate unfolds as the UK finalizes its broader crypto rulebook, with firms like Coinbase urging regulators to avoid restrictive stablecoin policies. So you go against crypto, you're going to lose because this industry is on the rise and TradFi is now adopting it. So it would be foolish to be anti-crypto. it is not foolish to have regulations, right? That's, you may say, hey, look, I'm not anti-crypto, but I want to have fair and balanced regulations in place …”
View more
Ridealong summary
Crypto is on the rise globally, and opposing it would be foolish as traditional finance is now adopting it.
“… to be whitelisted onto that token. So we have a security token, a security, a regulated security. An actual security. An actual security. Not a Gary Gensler, not a Gary Gensler security, an actual security. Being traded through Uniswap, which is pretty sick. It's pretty sick that we can do that. It's also pretty sick that BlackRock is doing it because that is not a trivial thing to do. Like, putting your security in a decentralized, like, the lawyers need to look at that in every way, shape, and form, you know? Like, CZ Styles spread the butt cheeks. And they did it, and they gave the thumbs up. …”
“… Uniswap. What's happening here? Why is that a big deal, is the first question, the first big question. The answer is that, you know, Uniswap is a permissionless AMM, but Biddle, the token, is not a permissionless token. You need to be, your address needs to be whitelisted onto that token. So we have a security token, a security, a regulated security. An actual security. An actual security. Not a Gary Gensler, not a Gary Gensler security, an actual security. Being traded through Uniswap, which is pretty sick. It's pretty sick that we can do that. It's also pretty sick that BlackRock is doing it because that is not a trivial thing to do. Like, putting your security in a decentralized, like, the lawyers need to look at that in every way, shape, and form, you know? Like, CZ Styles spread the butt cheeks. And they did it, and they gave the thumbs up. And so that's, so we have the blessing of BlackRock's lawyers that you can put securities into Uniswap, which I think will make it, do it, offer a lot. If BlackRock's doing it, everyone's gonna do it. You know, the other thing they did, though, here, David, which is kind of cute and kind of good, BlackRock actually bought some UNI tokens, all right? …”
View more
Ridealong summary
BlackRock, the world’s largest asset manager, is now trading regulated securities through Uniswap, marking a significant milestone for decentralized finance (DeFi). This partnership not only legitimizes DeFi but also signals that major financial institutions are embracing blockchain technology. With BlackRock's endorsement, the future of trading securities on decentralized platforms looks promising.
“… the folks at Grayscale. Because if it wasn't for Grayscale, I don't even know if we would have crypto ETFs because you guys took on the SEC under Gary Gensler. I think that's right. And it's wild to think back. But at the end of the day, I think that we were in the position to help to move the industry forward and move the regulatory regime forward. And we're really excited about where we are today, which is a world of altcoin ETFs. And so, yeah, I'm really proud and Grayscale is really proud to have been a trailblazer that paved the way for the crypto ETF landscape as it stands today. Oh, …”
“… We have crypto native firms partnering with incumbent legacy financial infrastructure, tokenization here at the NYSE, which was just announced, and a really favorable regulatory backdrop. And so it's like a totally different world. And kudos to you and the folks at Grayscale. Because if it wasn't for Grayscale, I don't even know if we would have crypto ETFs because you guys took on the SEC under Gary Gensler. I think that's right. And it's wild to think back. But at the end of the day, I think that we were in the position to help to move the industry forward and move the regulatory regime forward. And we're really excited about where we are today, which is a world of altcoin ETFs. And so, yeah, I'm really proud and Grayscale is really proud to have been a trailblazer that paved the way for the crypto ETF landscape as it stands today. Oh, absolutely. And speaking of ETFs, over the past year, Grayscale has launched a lot of crypto products, many of which I'm a fan of. I love the top five and much more. Maybe you can tell us about some of the latest ones that were launched. Definitely. So we've had our Bitcoin and Ethereum products, GBTC and ETHE, BTC and ETH, the minis. But in a post-generic …”
View more
Ridealong summary
Grayscale has been a trailblazer in the crypto ETF landscape, paving the way for major financial institutions to embrace cryptocurrency products. With their innovative approach, they've launched ETFs for assets like Solana and Chainlink, providing investors with familiar financial vehicles and attractive staking returns. This shift marks a significant change in how investors can access and leverage cryptocurrencies through traditional financial channels.
“… I'll see you in a couple of weeks. Listen, Whit, I came on here. I came on here like, let's not get, uh, anyways. Oh, I love it. No, no, no, no, no. Gary, Gary, Gary. Gary, Gary, Gary. I want to ask you this. it's been uninspiring hockey for a little while but we brought up before you came on their save percentage is abysmal and their shooting percentage is crazy low do you agree with some fans take that they're not as bad as they've looked so they since the Olympic break they have averaged they allowed the opponents 22 shots a night That number one in the NHL That's number one in the NHL. Okay. …”
“… the air last night broadcasting our game against the Capitals. I get a text from my buddy Paul, my best pal, Lolly. I need 40 rooms at ARIA now. I'm sure they'll be able to find rooms. You're like, let me text Bruce. He'll pay for it. It's awesome. I'll see you in a couple of weeks. Listen, Whit, I came on here. I came on here like, let's not get, uh, anyways. Oh, I love it. No, no, no, no, no. Gary, Gary, Gary. Gary, Gary, Gary. I want to ask you this. it's been uninspiring hockey for a little while but we brought up before you came on their save percentage is abysmal and their shooting percentage is crazy low do you agree with some fans take that they're not as bad as they've looked so they since the Olympic break they have averaged they allowed the opponents 22 shots a night That number one in the NHL That's number one in the NHL. Okay. It's number one. Like they, it's what the, the system that Bruce put in and, uh, the, their ability to defend is there. They have not got enough saves. That is, uh, without question. When you look at the team, a bunch of guys broke through last night, but a bunch of their top guys had underachieved since the Olympic break. And listen, when you …”
View more
Ridealong summary
When a hockey team struggles, it's not just the players who are to blame. A broadcaster reveals that underperformance can stem from a lack of saves despite strong defensive stats, pointing to deeper issues within the team's dynamics. This insight highlights the importance of evaluating both individual and team contributions to performance.
“… like Paul, I started off working in private practice at a law firm. And right around 2021, 2022, every week, my clients would get a subpoena from Gary Gensler or from the CFTC and were faced with this onslaught of regulation by enforcement. And they were faced with regulations that did not work for their business models. And these were crypto firms, prediction markets, artificial intelligence firms, as well as our traditional financial market participants. They were just relentlessly attacked by the federal government under the prior administration. So I really came into government to help right the …”
“… there are three key ones that I've heard over and over and over again over the last 30 some years from venture capitalists, private equity folks, investment bankers, lawyers, and et cetera. Mike, what are your top priorities for 2026 in the CFTC? Well, like Paul, I started off working in private practice at a law firm. And right around 2021, 2022, every week, my clients would get a subpoena from Gary Gensler or from the CFTC and were faced with this onslaught of regulation by enforcement. And they were faced with regulations that did not work for their business models. And these were crypto firms, prediction markets, artificial intelligence firms, as well as our traditional financial market participants. They were just relentlessly attacked by the federal government under the prior administration. So I really came into government to help right the ship, to help make sure that we have purpose fit rules and regulations for new innovative technologies and financial products. And so a big piece of my agenda has been crypto. our crypto asset markets, as you all, I'm sure, tracking. There some legislation that we really hopefully working with David Sachs to get across the finish line and the …”
View more
Ridealong summary
The CFTC aims to create purpose-fit rules for crypto, balancing innovation with regulation, despite past enforcement challenges.
“… Howey and then we start over. I think it can just be built upon. Oh, interesting. Interesting. So, you know, as you're saying that I thought of Gary Gensler, even I don't want to bring that name, but just how much of a mess he created, and he could have taken action and, you know, tried to speed this up and bring clarity to the market. But of course, I don't think that was his intention. Well, the clarity he wanted to bring was to kill the market. No, he, he really did make a mess like the enforcement actions against good actors and the space with the SEC taking overly aggressive positions and …”
“… in this way to accommodate new facts. And I think Howey needs to evolve or in the interpretation of Howey needs to evolve with the new technology. So I think that all these things can exist. I don't think it needs to be like the Supreme Court overturns Howey and then we start over. I think it can just be built upon. Oh, interesting. Interesting. So, you know, as you're saying that I thought of Gary Gensler, even I don't want to bring that name, but just how much of a mess he created, and he could have taken action and, you know, tried to speed this up and bring clarity to the market. But of course, I don't think that was his intention. Well, the clarity he wanted to bring was to kill the market. No, he, he really did make a mess like the enforcement actions against good actors and the space with the SEC taking overly aggressive positions and those cases really didn't help anyone. It didn't even help them, right? Like, now they have to unwind a bunch of litigation that never had to take place in the first place. If instead of just suing people, they had written rules, you know, they tried to write an updated ATS rule, they tried to to amend the exchange rule and describe ATSs to include …”
View more
Ridealong summary
Gary Gensler's aggressive enforcement actions against crypto firms have created chaos in the market, hindering innovation and clarity. Instead of establishing clear regulations, his approach led to litigation that could have been avoided. This failure has not only politicized crypto but also stunted its growth during a crucial time.
“… act of Congress. But for all intents and purposes, at least right now, we have clarity. And sure, it would be good to codify that so that Gary Gensler V2 doesn't come in and try to reverse everything that this administration is doing. But do we need that now And if you get Gary Gensler V2 could he actually reverse things to this extent Because there has to be some continuity from administration to administration with respect to how they treat the crypto industry And if you writing reports and you saying oh full steam ahead this is all legal and you a regulator and then the next person in that …”
“… way of regulator. All of the Reinforcement has been dropped. The U.S. is now a much friendlier country to crypto. Our developers are no longer fleeing. We've got full steam ahead on tokenization. What I'm saying is, yeah, that's not codified in a legislative act of Congress. But for all intents and purposes, at least right now, we have clarity. And sure, it would be good to codify that so that Gary Gensler V2 doesn't come in and try to reverse everything that this administration is doing. But do we need that now And if you get Gary Gensler V2 could he actually reverse things to this extent Because there has to be some continuity from administration to administration with respect to how they treat the crypto industry And if you writing reports and you saying oh full steam ahead this is all legal and you a regulator and then the next person in that institution comes in and says, nope, reversed, all of this was illegal, haha, forgot to tell you, and takes you to court, judges will, like, the court will laugh you out of the system. In this administration, precedent is being set. That is, it's not, you can't just undo it. It's precedent. It's real precedent. That's right.”
View more
Ridealong summary
The compromise on stablecoin yield limits growth potential, but existing regulatory clarity already supports crypto development.
“… native businesses because they are behind. But they're kind of playing both sides of the table here. I kind of think that's the same thing that Gary Gensler was doing. He was just like, stall, just stall the industry, stall, stall, stall, stall, stall. And like one thing I'm bummed about is we get all of the things that we just said, which we have been asking for, for so long, for years, like five, six years now. And we're doing it in a time in which crypto builder energy is like at an all time low. And investment is at an all time low. Like if imagine if we had some of this stuff in like 2021, …”
“… fail. And what they're doing on the other side of things is they're also building in crypto at the same time. So they're pumping the brakes on Clarity and also like therefore the rest of the crypto industry while they are stocking up their own crypto native businesses because they are behind. But they're kind of playing both sides of the table here. I kind of think that's the same thing that Gary Gensler was doing. He was just like, stall, just stall the industry, stall, stall, stall, stall, stall. And like one thing I'm bummed about is we get all of the things that we just said, which we have been asking for, for so long, for years, like five, six years now. And we're doing it in a time in which crypto builder energy is like at an all time low. And investment is at an all time low. Like if imagine if we had some of this stuff in like 2021, 2022, 2023, when like investment was higher, builder energy was higher. It was like a more opportune time to do all this stuff. You're saying it would have been more crypto native builder driven rather than TradFi driven, where it seems more TradFi driven now. It's all the traditional incumbents catching up. Yeah. The TradFi Wall Street, the people …”
View more
Ridealong summary
Despite recent regulatory clarity from the SEC and CFTC, traditional finance is stalling progress in the crypto industry. Banks are delaying the Clarity Act while simultaneously building their own crypto businesses, effectively sidelining crypto innovators. This strategic delay means that traditional incumbents are now poised to benefit from advancements that should have empowered crypto builders during a more vibrant market period.
“… Let's watch the public latest ad. Is that what we should pull up next? Pull it up. Actually, let's pull up this video first of our president. Of Gary Tan. But this is Gary Tan when he sees a YC applicant using G-Stack to ship 500,000 lines of code daily. This is one of the best videos of all time. Just pulling out a wad of cash. I'm ready to invest. Quickly counting it. It is so funny how lines of code became not important at all. They're the new eyeballs. And now it's new eyeballs. They're the new eyeballs. Oh, the lines of code are the new eyeballs. I hope not. I was thinking that we …”
“… I don't know. Let everybody trade. Why not? Yeah, sounds like he's locked in. Let everybody trade at all times. What else is going on? We are removing sanctions on Russian and Iranian oil, which is craziness. Craziness. Didn't think that would happen. Let's watch the public latest ad. Is that what we should pull up next? Pull it up. Actually, let's pull up this video first of our president. Of Gary Tan. But this is Gary Tan when he sees a YC applicant using G-Stack to ship 500,000 lines of code daily. This is one of the best videos of all time. Just pulling out a wad of cash. I'm ready to invest. Quickly counting it. It is so funny how lines of code became not important at all. They're the new eyeballs. And now it's new eyeballs. They're the new eyeballs. Oh, the lines of code are the new eyeballs. I hope not. I was thinking that we should do a challenge here in the studio where every member of the team has to race to generate 10,000 lines of code. And whoever can do it fastest. Okay, but how do you define a line of code? Like I can just write a for loop that says... I will run a for loop after the lines of code are generated, and I will pass every line of code individually through …”
View more
Ridealong summary
Ro Khanna has executed an astonishing $609 million in trading volume while serving in Congress, challenging the elite financial players. His strategy involves high-frequency trading, averaging 11 trades a day for nine years, raising eyebrows about how he manages such volume. This raises questions about transparency and the ethics of trading while in office.
“What Gary Gensler did was he had a vision of really strategic ambiguity. By not defining the asset class, it kind of stalled it. When he tried to define it, they would go to the courts. But now we're going to have better definitions. It's really hard to put the genie back in the bottle. So that is a very positive, fundamental driver for institutional adoption as we hit this institutional era. Now the Clarity Act, if it gets done, and I am of the belief that this …”
“What Gary Gensler did was he had a vision of really strategic ambiguity. By not defining the asset class, it kind of stalled it. When he tried to define it, they would go to the courts. But now we're going to have better definitions. It's really hard to put the genie back in the bottle. So that is a very positive, fundamental driver for institutional adoption as we hit this institutional era. Now the Clarity Act, if it gets done, and I am of the belief that this interest issue will get sorted. It's been a real pain. I can walk through it in incredible depth. I think there's an easy way to solve it, really. And in fact, you just saw the way to solve it recently where the regulators have said we're going to lower the regulatory capital for banks. Banks are saying we can't lend if our deposits leave. Well, …”
View more
Ridealong summary
The future of crypto regulations hinges on Congress, as better definitions could lead to institutional adoption. With midterm elections approaching, both parties must recognize crypto's potential impact on their platforms, paving the way for clearer rules that can stabilize the market. If successful, this could unleash a wave of investment and innovation in the crypto space.
“… middle on this one. Markets will beg for Jerome Powell's return after one year of a new Fed chair. Has to be, yes. I mean, I see people begging for Gary Gensler's as if we forgot all that nightmare. So yeah, I think Jerome Powell is nowhere near as bad as Gary Gensler. I'm not going to say he's the greatest chairman ever, but if we're begging for Gary, there will definitely be people begging for Jerome. Okay. I'm on the fence on this one. Okay. On that one. I don't know. Last question here. Democrats winning the midterms is good for risk assets, do you think? You know, I would have probably said no to …”
“… have to give the refunds on the tariffs. and that's going to be in litigation for a long time. And I think Trump wants to buy some votes potentially for the midterms. All right, you're winning me over. Now I'm kind of in the middle. Yeah, I'm in the middle on this one. Markets will beg for Jerome Powell's return after one year of a new Fed chair. Has to be, yes. I mean, I see people begging for Gary Gensler's as if we forgot all that nightmare. So yeah, I think Jerome Powell is nowhere near as bad as Gary Gensler. I'm not going to say he's the greatest chairman ever, but if we're begging for Gary, there will definitely be people begging for Jerome. Okay. I'm on the fence on this one. Okay. On that one. I don't know. Last question here. Democrats winning the midterms is good for risk assets, do you think? You know, I would have probably said no to this before, but my business partner, Shrum, has been doing some deep diving into the history of this. There's actually – there's history that suggests that when we have gridlock, that's actually really good for the economy and for risk assets. So I'm going to say it's – I think it could be good for the Democrats to win. Yeah, I agree. I think it …”
View more
Ridealong summary
Sam Bankman-Fried (SBF) is rumored to be considering bribing former President Trump for a pardon, but the consensus is that it won't work. The discussion pivots to market predictions, including the impact of potential midterm outcomes and the future of stocks like Netflix. Ultimately, clarity in the market could lead to significant rallies for suppressed assets.
Top Podcasts About Gary Gensler
Bankless
5 episodes
The Paul Barron Crypto Show
4 episodes
Thinking Crypto News & Interviews
4 episodes
Club Shay Shay
1 episode
Prof G Markets
1 episode
Small Town Murder
1 episode
Blank Check with Griffin & David
1 episode
Spittin Chiclets
1 episode
Stories Mentioning Gary Gensler
Top Podcasts on Pam Bondi's Dismissal
Attorney General Pam Bondi has been fired as part of a series of staff changes within the Trump administration. This turnover highlights ongoing shifts in the administration's personnel, which could impact its policy direction and stability.
Pam Bondi
Best Podcasts on Stablecoin Yield & Crypto Clarity
Senators have reportedly reached a compromise on stablecoin yield, aiming to advance the crypto market bill known as the Clarity Act. This development comes as stablecoins like USDC continue to see rising adoption and decouple from broader crypto market cycles. The growth is driven by real-world use cases in cross-border payments and global demand for U.S. dollars.
Best Podcast Episodes on Crypto Legislation
Proposed legislation aimed at structuring the crypto market is facing challenges due to recent guidance from the SEC and CFTC. The regulatory bodies' input is causing delays and complications in the legislative process, highlighting the ongoing struggle to establish clear rules for the cryptocurrency industry.
Crypto Market Structure Legislation
SEC