John and Glen riff on the role Bitcoin is suddenly playing in the presidential election, and the thorny issue of how the US government should “manage” its crypto holdings. Also- assessing the prospects beyond the bluster for productive crypto legislation, and the bizarre backstory of HODL.

Links related to this episode:

In his own words, Mark Cuban’s take on Donald Trump’s crypto conversion: https://x.com/mcuban/status/1813591281970348264
The House’s approved crypto bill (the ball’s in your court, Senate): https://www.coindesk.com/policy/2024/05/22/us-house-approves-crypto-fit21-bill-with-wave-of-democratic-support/
Analysis of Bitcoin’s mid-August price decline coinciding with movement of government holdings: https://www.fxempire.com/forecasts/article/bitcoin-price-prediction-btc-down-as-u-s-govt-transfers-btc-worth-600m-1454167
Coindesk’s take on the same: https://www.coindesk.com/markets/2024/08/14/nearly-600m-of-silk-road-bitcoin-hits-coinbase-prime-but-not-necessarily-to-sell/
The history of HODL: https://www.investopedia.com/terms/h/hodl.asp

Join us for the next CU Town Hall on Wednesday September 11 at 3pm ET/Noon PT for a live and lively interactive conversation tackling the major issues facing CUs today. It’s free to attend (credit union employees might even win a door prize!), but advance registration is required: https://www.cutownhall.com/

Find us on X and BlueSky at @bigfintech, @jbfintech and @154Advisors

You can also follow us on LinkedIn:
https://www.linkedin.com/company/best-innovation-group/
https://www.linkedin.com/in/jbfintech/
https://www.linkedin.com/in/glensarvady/

The Illinois Credit Union League’s Tom Kane and Ashley Sharp go deep on the turmoil surrounding Illinois’ problematic new interchange law and the steps being taken to course correct. Also- Sam Altman’s Worldcoin moves fast and scans (personal) things, and…Backpedaling as a Service (BaaS)?

Links related to this episode:

Our continuing coverage of Illinois’ Interchange Fee Prohibition Act: https://www.big-fintech.com/Media?p=a-state-of-confusion-interchange-battles-move-closer-to-home
The ICUL’s press release explaining the recently filed lawsuit: https://www.icul.com/news/icul-news/bank-and-credit-union-groups-join-forces-to-challenge-new-illinois-law-restricting-interchange-fees/
The “Guard Your Card” website: https://guardyourcard.com/illinois/
The Chicago Tribune’s editorial opposing the Illinois law: https://www.chicagotribune.com/2024/06/03/editorial-retailers-credit-cards-interchange-pritzker-springfield/
The Wall Street Journal’s front page article on Sam Altman’s Worldcoin/retinal scanning efforts: https://www.wsj.com/tech/sam-altman-openai-humanness-iris-scanning-4d0e1dab

Join us for the next CU Town Hall on Wednesday August 28 at 3pm ET/Noon PT for a live and lively interactive conversation tackling the major issues facing CUs today. It’s free to attend (you might even win a door prize!), but advance registration is required: https://www.cutownhall.com/

Find us on X and BlueSky at @bigfintech, @jbfintech and @154Advisors

You can also follow us on LinkedIn:
https://www.linkedin.com/company/best-innovation-group/
https://www.linkedin.com/in/jbfintech/
https://www.linkedin.com/in/glensarvady/

Glen chats with Finovate’s Greg Palmer about the state of fintech investment and startup momentum in anticipation of September’s Finovate NYC event. Also- soft landings, long bike rides, $2.5 billion bets and honest borrowers.

Links related to this episode:

Finovate Fall in NYC September 9-11: https://informaconnect.com/finovatefall/
***Use code BIG20 for a 20% discount off registration***
TruStage’s Discovery 2024 conference replay: https://trustage.registration.goldcast.io/events/414b601e-9185-426f-9877-6405088473e5
Lamont Black’s bike ride from Maps to Redwood CU: https://www.linkedin.com/posts/lamontblack_ai-outdoors-bikepacking-activity-7228525803385274369-XW5p
BNPL’s analog precursor: https://www.marketplace.org/2024/08/12/schulze-family-business-kept-old-things-running-for-82-years/
PYMNTS.com’s interview with NCR Voyix digital banking leadership after its $2.5B sale to private equity: https://www.pymnts.com/news/digital-banking/2024/ncr-voyix-2-5-billion-sale-to-veritas-verifies-digital-bankings-long-term-potential/

Find us on X and BlueSky at @bigfintech, @jbfintech and @154Advisors

You can also follow us on LinkedIn:
https://www.linkedin.com/company/best-innovation-group/
https://www.linkedin.com/in/jbfintech/
https://www.linkedin.com/in/glensarvady/