This story and video are positively stunning.
Marc Andreessen, who has began quite a few profitable high-tech companies and is an investor within the discipline, not too long ago appeared on the Joe Rogan podcast and talked about how the U.S. authorities quietly works with giant monetary establishments to de-bank folks they see as a risk, together with people who find themselves simply attempting to create startups or put money into crypto.
Oddly, this by no means appears to occur to folks on the political left, and Andreessen means that Elizabeth Warren’s fingerprints are throughout this.
NFT Gators has particulars:
A16z’s Marc Andreessen Tells Joe Rogan Biden Administration “Debanked Over 30 Crypto Startups”
Within the run-up to the November U.S. election, a number of crypto corporations had already declared their help for President-elect Donald Trump.
Whereas the Securities and Trade Fee’s warfare on crypto was perceived to be the predominant cause for the crypto business’s stand, A16z co-founder and Normal Associate Marc Andreessen revealed throughout a Joe Rogan podcast why some founders selected to endorse Trump.
In accordance with Andreessen, the federal government debanked over 30 tech startups together with crypto founders over the previous 4 years. He additionally claims that the train goes again 15 years throughout the Obama administration when a number of ‘unconventional startups’ together with marijuana companies had been debanked.
The train grew to become extra well-liked throughout the “Operation Choke Level” in 2013, which investigated banks in the USA and the companies they handled together with firearm sellers, payday lenders and others that had been thought-about a excessive danger for fraud and cash laundering regardless of working legally.
Andreessen claims the present administration prolonged that apply over the previous 4 years to incorporate tech founders, particularly crypto startups.
Watch this whole video. It’s gorgeous.
The whole thing of the Joe Rogan <> Marc Andreeseen podcast is fascinating, however please, please take heed to this half.
The abuse of energy inside unaccountable (and arguably unconstitutional) federal businesses has develop into so excessive the tales are nearly unbelievable. pic.twitter.com/wwwEifM41U
— Austen Allred (@Austen) November 27, 2024
The federal government shouldn’t be capable of scheme to get folks de-banked. All of this should finish as soon as Trump takes over.
