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The Pomp Podcast

#874 The Fight For The Future Of Money w/ Chris Giancarlo

The Pomp Podcast

Anthony Pompliano

Business, Investing

4.81.9K Ratings

🗓️ 21 March 2022

⏱️ 27 minutes

🧾️ Download transcript

Summary

Chris Giancarlo is the Former Chairman of the Commodity Futures Trading Commission (CFTC) and is the author of the book "CryptoDad: The Fight for the Future of Money" In this conversation we discuss regulation around Bitcoin & Cryptocurrencies, law enforcement In the Crypto industry, and when the Bitcoin ETF will be approved. ======================= Choice is a new self-directed IRA product that I'm really excited about. If you are listening to this, you are likely part of the 7.1 million bitcoin owners who have retirement accounts with dollars in them, but not bitcoin. I was in that situation too. Now you can actually buy real Bitcoin in your retirement account. I'm talking about owning your private keys and using tax-advantaged dollars to do it too. Absolute game changer. https://www.retirewithchoice.com/pomp ======================= Imagine coinmarketcap - decentralized. 3X in valuation is 15 billion dollars from the current price. Cryptotoday.com starts at zero, at fair launch on 7th of March. No VC. No pre-sale. Team tokens locked.  For the people, by the people. For decentralized crypto. Visit http://cryptotoday.com and read the whitepaper for the details.

Transcript

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0:00.0

All right, Chris John Carlo, ladies and gentlemen.

0:03.1

Chris, how are you?

0:04.7

I'm great, thanks.

0:06.0

Bang, bang.

0:07.0

Good to be with you.

0:08.6

All right, this is a very serious show, Chris.

0:10.9

We have to take everything very seriously around here.

0:13.6

Let's talk first about your time at the CFTC.

0:17.8

You became known as CryptoDad, now the title of your book. Walk us through as you were

0:23.6

kind of presiding over crypto as one of many other things. It seems like crypto became part of

0:30.5

the conversation or became the main conversation that you guys were having. Walk us through

0:34.3

kind of that time period. Yeah, it's actually fascinating because I didn't go to the CFTC to focus on crypto. I went to focus on an obscure

0:42.8

part of the over-the-counter institutional marketplace known as swaps. And that's what I was there

0:48.7

to try to get some of the new regulations that were imposed by Dodd-Frank to actually be well

0:54.0

tailored to that marketplace

0:55.6

and to work well.

0:57.3

But by 2014, 2015, it really, crypto was really emerging.

1:02.1

I talked about it in my book.

1:03.6

I received a visit from the Winklevoss brothers and some others, the newly formed at that

1:10.1

point, Chamber of Digital Commerce, and really started

1:13.5

leaning in and started learning and understanding this.

1:17.7

And at first was fascinated by the whole world, including, of course, distributed ledger

...

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