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Big Tech’s Monopoly Money

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Manage episode 487098223 series 3349109
Content provided by The Lever Podcasts and The Lever. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Lever Podcasts and The Lever or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

There’s a new evil genius on Capitol Hill, one that privacy experts warn could empower tech billionaires like Elon Musk and Mark Zuckerberg to issue their own private currencies. The Senate is poised to pass the GENIUS Act, which would give so much free rein to such “stablecoins” that it could destabilize the rest of the economy.

Today on Lever Time, Arjun Singh sits down with Lever reporter Luke Goldstein to understand the GENIUS Act, how it could turn Big Tech companies into unregulated banks, and why this should be a concern for the rest of us.

You can read Luke’s full story on the GENIUS Act and the future of “ZuckBucks” here.

  continue reading

182 episodes

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Big Tech’s Monopoly Money

Lever Time

163 subscribers

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Manage episode 487098223 series 3349109
Content provided by The Lever Podcasts and The Lever. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Lever Podcasts and The Lever or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

There’s a new evil genius on Capitol Hill, one that privacy experts warn could empower tech billionaires like Elon Musk and Mark Zuckerberg to issue their own private currencies. The Senate is poised to pass the GENIUS Act, which would give so much free rein to such “stablecoins” that it could destabilize the rest of the economy.

Today on Lever Time, Arjun Singh sits down with Lever reporter Luke Goldstein to understand the GENIUS Act, how it could turn Big Tech companies into unregulated banks, and why this should be a concern for the rest of us.

You can read Luke’s full story on the GENIUS Act and the future of “ZuckBucks” here.

  continue reading

182 episodes

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