In this video, All-In Podcast host David Sacks dives into the latest developments in the US government's crackdown on cryptocurrency, particularly in the wake of the recent banking crisis. David Sacks discusses the findings of Nick Carter's Substack article, which details how the Biden administration has been quietly targeting digital assets through measures such as Operation Choke Point. He covers the actions of the SEC, the proposed bill targeting crypto miners, and the historical example of FDR's Executive Order 6102 that confiscated gold bullion.
Is this crackdown a response to the financial system's stress, or simply a reaction to public outcry over crypto losses?
Original Video: • E121: Macro update, Fed hike, CRE deb...
#cryptocrackdown #davidsacks #allinpodcast #operationchokepoint
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