YouSaid · the spoken record

Cynthia Lummis

lines on the record: 44
first: 2022-06-15
most recent: 2022-06-15
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Yeah, so I've obviously worked for Senator Lummis. So everybody go check out Lummus.senate.gov. You pronounce it lummis, not lumis. Lummus like hummus. So check that out. And obviously check out Senator Lummus' Twitter. You can follow my Twitter also, although I will note on my Twitter that retweets and et cetera are my own, not Senator Lumbus's. So please don't take anything I say as coming from Senator Lummus, especially when I'm shit talking, Jason, on Twitter”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“You gotta go. You got it. You got to get out of there when bad policy comes about, exit. Exit stage left and go to a jurisdiction that supports you, whether that's Texas or an even better place, Wyoming. Those guys will welcome you with open arms and on top of that, our power is pretty cheap. So that's good too.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Think it's this is one of the few times in my life I felt like the The nerdy kid in class that some jock is looking over his shoulder. During a test. I feel like Taxis is looking over Wyoming's shoulder. No, that's actually competition's fantastic. I think competition, in fact, the entire digital asset space, Bitcoiners, everybody should be fist pumping over the fact that states are competing for their business because that's essentially what they're doing, right? And when states come out with bad policy. Vote with your feet. Take your business to states that support you. God help us, guys. If you want to see, I mean, so this would be the plea for industry. If you want to see continued action supporting your industry and seeing your industry grow, you've got to pick up your bags, man.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“It's depreciative They're essentially saying Bitcoin's a pickup truck. That you're always going to lose money on it. Even though we've got a solid 10 years, over 10 years of history proving otherwise. And so that was a little bit of a screw up. And I don't think the IRS is going to be too squeaky about fixing that. But on the taxation piece evolving down the line over the next 10 years, I actually think that cap per transaction, I think you're going to see that grow. I hope we don't see an annual cap put in. Senator Lambus was pretty excited about not having an annual cap put in place. That way, if you wanted to transact solely in digital assets. Why should you pay capital gains? That's silly. If you're utilizing it as a currency.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I guess as far as a federalist standpoint, I would certainly appreciate more, not more taxes, but more of a focus on the sales aspect because that only goes to states. And I'm here for that. Starve the Beast. Starve the Fed. No, that's horrible. But I mean, the reality of the situation is when it comes down to capital gains and income in the United States and how we look at those different things. I mean, boy, did we ever... Boy, did we ever get this deal wrong? I mean, even look at the accounting screw up that Senator Lamas is fixing in this bill also. So that accounting piece in there, the IRS.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, general take on DeFi is there's really, I mean, that's peer-to-peer. So there's not a lot essentially known at this point as far as what that would even look like. Does it need to be? I think there's cases where you can make that point. And so there's actually a study piece in there. And I hate to point out studies because studies are non-actionable items, but at least we can learn some more. So there's a study piece in there as far as really, I mean, we obviously make the case for self-custody and how it's none of the government's business in the legislation, but we also point out in that DeFi study piece about the importance of and why that might be a route to look at as far as supporting in the future that self-custody piece under DeFi.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I don't know. Well, there's also a really good piece in there that speaks to MTL's money transmitter licenses. And basically, Senator Lemma saying, hey, that's cool too. Because what these MTL operators have done, circle, for example, they've gone state by state. And become regulated in each and every state. Now, 49 out of 50 states have an MTL. Montana does not. The District of Columbia does. So they've essentially got 50 out of 51 licenses in place where they've got to put down capital, where they've got to bond themselves, where they've got to report back. And so that's a definite, different route to go. I wouldn't say that it's easier, but it's a different route. And that's something that Senator Lammis recognizes in the bill also.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I mean, they certainly could, but they would have to be 100% reserved. And I mean, USDC unto itself, I believe, is $35 billion.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I think it, yeah, I think it would have to be, and then also undoing that a little bit as far as their risk management moving forward, it would require some of these bigger dogs to really have to hunker down with their books and figure out if it is even feasible for them. I think probably enough push they could get there.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“No, I mean, not only as a risk standpoint, but also, I mean, they would be held under the same scrutiny as anybody else issuing a stablecoin in that regulated path, which would be they would have to be 100% reserved.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Those big boys would have to change their model a little bit though if they were to go down this route and decide to issue a stablecoin they would have to change their existing model on how they handle assets comparatively”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And that's really where you're going to see some, you know, it's gonna take some fleshing out to be certain, but I would suspect that people should look at decentralization of assets long before they invest unto themselves as an individual and or if they are in exchange. I think a lot of the bigger ones do necessitate that. Some of those bigger guys are definitely more they're a little bit safer. They have, and I'm not saying the bigger ones are always better, but they also do a pretty good job of digging down on these new assets as they come about and figuring out where they are and how they've been issued.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I think it's got a lot to do with decentralization, whether that's NFTs or any old digital asset. It's got a lot to do with the fact that can this asset be manipulated? Could somebody knows Dive it onto themselves? Can somebody flip a quarter of it or even an eighth of it unto themselves and either crash or pump the market?”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I think the biggest thing that folks are talking about and watching on this whole scenario is the consumer protection angle. Are there funds being moved in a manner Is essentially theft. And I don't know. I'm not saying that they are. But that's where everybody's watching right now. And it's kind of a terrifying aspect. I mean, as we explore these different technologies, just like the dot-com era, there's going to be winners and there's going to be losers. There's going to be stuff that works and there's going to be stuff that fails. And in this situation, it's, well, it is fascinating to watch. It's also really pushing the envelope on why this needs to be moved forward quickly, why they're responsible financial innovation act needs to need some wheels on it because it would handle situations like this.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And so when she was introduced to Bitcoin, that really was the hook. And then fast forward a couple of years later, there was this weird northeastern Wyoming rancher that was starting to run these types of bills. And so for her, when she went into the U.S. Senate, it was a natural hook to be able to continue riding for the brand, riding for Wyoming, which is, I mean, that lady lives and breathes it. But also on top of that, to protect state interests, because this is clearly a state interest at this point.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Well, so for Senator Lamas, I mean, she's old school. I mean, she first got involved in Bitcoin back in 2013. Her son-in-law, Will Cole, who's kind of a legend in space unto himself, got his mother-in-law involved and explained the economics behind it. But for Senator Lama, she's not your average, not your average cat, or neither is she your average mother-in-law. So she had a prior history of being the state treasurer for the state of Wyoming for eight. She did that for eight years. And before that, she was in the state legislature, both the state house and the state senate. And so in 2013, she was in the U.S. House. And so she's got all this vast experience of dealing with budgets and she was on the appropriations committee when she was in the U.S. House and did all these things. But the most important experience, the way she tells it, is when she was a state treasurer and she was always looking for that good store of value for Wyoming's.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Listen, if you walk like a duck and talk like a duck, you're a duck. I'm sorry. There it is. But also on that point, that's not the end of the world. It's actually a good thing because the reality of the situation is you'll now have the ability to move your project forward and actually get a response from the SEC and actually be able to file your reg A or your reg B or whatever. I mean You can't do that right now. You can move your project forward. There's no more grayspace. And so Yeah. So I guess that went down a different road, and I apologize for that.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I'd say largely pretty good. We honestly, we didn't know as much as we talked to everybody and their dog. I mean, like honestly, Senator Lamas, she made sure we were scouring. And we've talked to a lot of folks. And there might be some folks that are watching this right now. And they're like, well, you didn't call me. Well, phones work both ways. Honestly, it was really It was great. I mean, there's a couple of naysayers out there. But I also think that their naysayers based on not completely understanding what the bill does. For instance, there's a lot of folks that are saying, you know, how dare you define any asset as a security?”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“To be fair, we were actually writing the bill before the infrastructure package. Senator Lamos was ready to ride herd on this thing from day one And the infrastructure package was a double edged sword. Obviously, we don't like the text that eventually went into law. And there's a piece in this, Senator Lammis's bill that fixes that from one of our colleagues over on the House side. But ultimately, it got a lot of people looking that policy matters.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Whatever committee it's assigned to, whether it's all four of those or what have you, at that point it would go to the floor. And there's lots of different opportunities as far as motions that could be made from the floor. So there's some fun that can be had before the end of the year.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Sure. Well, so this is kind of an interesting aspect because the legislation does have so many different components to it that land in different committees. So the commodities portion would go to the agricultural committee. Senator Jillibrand sits on that, which is handy. The securities portion would go to the banking committee. Fortunately, Senator Lemmis sits on that. The taxation piece would go to the finance committee. And that finance committee, she's got a great friend in chairman Wyden. But either way, so that portion would necessarily, I mean, not mandatorily, but should go there. And then the commerce portion of the legislation would be essentially everything else. The cybersecurity portion, those types of things would have to get picked up over there. So a lot of different moving pieces as it moves forward. If it makes it through.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“One of those things that she really hunkered down on that fact and found a champ in Senator Gillibrand. But as we go forward, I mean, the bill's out there now. There's certain folks on the hill that would love to do a markup tomorrow. There's certain folks on the hill that would like to never see a markup on that bill. So there's going to be a little bit of push and pull that happens. I mean, we're still hopeful that we can get it in committee for a markup before the end of the year and maybe even see some action as far as individual components of the legislation. But chances are if I was a Benton man, let's say Senator Lummis is refiling in January. But there's always a chance. She's got some great friends on the hill.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, so the timeline's tough because Senator Lemmis is, of course, a Republican. She's from the great state of Wyoming, the first woman elected by the state of Wyoming as a U.S. Senator. And we're in the minority. The Republicans are in the minority. So we do not set the schedule. But that's also, that is not why I do want to talk about this because I think it's such an important piece. It's definitely not why Senator Lemmis sought a bipartisan co-sponsor, co-leader right off the bat out of Senator Gillibrand. She sought that because she was terrified that digital assets unto themselves would become hyperpartisan. And that would be the absolute worst thing that could happen in this space is it became a partisan only issue. And it would just, it's not a partisan issue. It's not a political issue. We're all true believers here. So it's.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And if we don't follow that through and actually keep that in mind while we're participating, we're doing it for the wrong reasons.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Oh, yeah, because it's so much easier to ignore the monster in her closet. Pretend that it's not there. But the reality of this monster in your closet is it's going to wreck. It's not only going to wreck you, it's going to wreck your neighbors. It's going to wreck your mother. It's going to wreck your kids. And that goes back to the whole, I mean, the whole start of this, to the Satoshi White Paper. This is why we're here.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“So, right now, so this is an important aspect that does need to be taken into consideration. Mineral excise and how that works is not taken into consideration whatsoever. But as far as the sell of those assets, take away mineral excise whatsoever, as far as the sale of those assets, this just mirrors that. It's the same as any other type of asset. You're not taxing until you dispose of that asset. And so it's really just to make sense to play. Yeah.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Absolutely not. And there's a reason why you can't find yourself in that bill. I like that. Yeah. Yeah. No, no, absolutely not. I mean, you're not interacting in regards to being a financial institution under yourself. There's no reason that you should ever, I mean, you're operating as a node.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Compete on That's absolutely right. Will, on top of that, I mean, what government is ever going to keep up with technology? I mean, who knows what five or ten years from now looks like? And of course the legislation will be out of date by that point. But by creating that enabling scope or lane to go through, Have opportunities that we didn't have before.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“The stablecoin piece specifically calls out for 100% reserve and banking charters and those types of things. It does not mandate that you go through that. It does not mandate that you become a 100% reserve body. It just provides a regulated path that says this is safe. This is cozy. And the reason why Senator Lummis did that is she doesn't want to, first of all, there are good actors in that space. And she doesn't want to cut them into a box that they might not want to go to. She wants to provide that opportunity to go down a road that she believes is safe and sound for that type of asset and see if they join the party. And if they don't join the party, well, then that's fine too. But it is enabling only”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“But I think as far as first explaining Senator Lummis's mindset when she put her staff to work on putting this together, I've obviously worked with Senator Lummis's general counsel, Chris Land, who's just a genius at drafting. He really is. He got his start in the state of Wyoming working at our legislative service office. He's the one that I turn to to draft all of my crazy ideas. And so Senator Lemmis swooped him up. And so we worked on this among multiple other people. Jason, we called you. We called everybody under the sun that had worked with us in the past. And it was all built on the principle of Senator Lemmis's guiding kind of star. And that is this has to be an enabling legislation. It cannot be disabling. So for instance, you brought up the stablecoin piece.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Libertarianism is not anarchism. And there's the deal. I think everybody recognizes the fact that theft is wrong. Stealing is wrong. And that's what government should be protecting from ensuring that the average U.S. citizen consumer protection.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Do we get these guys We're holding them back. What's holding them back from getting on the button and saying, you know what Some folks at risk here. Let's move the ball forward. And so I guess I've always struggled with the Washington environment. That's why I work for Senator Lamas and why I respect her so much is because she gets it and she can handle these folks in a manner that. Is far more respectful than I can be”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, no, but boy, I mean, and I will shout this from the rooftops. I'm a cattle rancher from Northeast Wyoming If I can debate rehypothecation and I can go to the mat with people on FinCEN. Damn, the lawyers at the SEC ought to be able to get her done. The Federal Reserve should have already been there.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And has been laxed in regards to properly protecting, putting consumer protections in place. And that's, you know, when we're looking at Senator Lamas' legislation, I mean, that's what it's all about.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I'm not going to enter that. I can't entertain that. But what I can say is that Caitlin Long put at the very best. And I saw a recent post, and I'm sure you guys saw it too, where she pointed out there is a huge difference between licensed and regulated. And consumer protection is there for a very, very solid reason. And I've got a very wide libertarian string. And government should only be there to protect citizens in their pursuit of life, liberties, and pursuit of happiness when they cannot do so for themselves. And in this case, I think there's a lot of stuff pointing. I'm not speaking specifically of Celsius, but there's a lot of stuff pointing in multiple directions that perhaps government has been lax in their job.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Outside of the box when it comes to finance, especially in this space due to the existing problems that you see in existing finance and how they're bleeding off into Bitcoin or digital assets now where we've got these kind of, we've got some real issues cropping up. And it's because of existing players. My opinion”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And we want to do it in a manner that does catch their attention. But to Jason's point of what he spoke about earlier, everything that was done was done in a very precise manner, whether it was the 100% reserve requirement or the capital requirements or the ability to check yourself out of the FDIC or the qualified custodianship requirements, all of those were poured over. And we brought in a lot of experts. We really went through it. And I look at that, look back at that time now on those hours and hours and hours spent drilling down on this issue and making kind of weird decisions that a lot of people looked at us funny for at the time, but they're not looking at us funny now considering some of the recent news. And I think that's a telling aspect is we do need to think.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Hell, we got time. I mean, what's another wild one we could do? And I think it was Caitlin. Caitlin brought up. She goes, well, we can always tackle this utility token thing. And I don't know if it was Lewis or who else it was on the phone, another attorney. So that's crazy. That's not too far. And I said, well, hell, that sounds like what we need to do then. Because if it's crazy, it's going to get people's attention, right?”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Kind of, and actually a fun story about how the whole utility token bill came about. We call them consumptive or consumer tokens at this point because they're a little bit of a bastard child that lived between two different worlds between a commodity or a security. And they're not a neat fit into an existing regulatory structure. The fun story behind that is the first bill that we had drafted, we've done it over the phone in coordination between me and Caitlin Long and like Lewis Cohen. And I specifically remember this moment because it was funny. And I was on the road for work and I was staying at a hotel and actually in Sheridan where I am right now. And we were just finishing up and boy, there we got that first bill done, guys. Great. And everybody said, well, good job. This is October. We got lots of time. And I said, well.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“I mean, that's it. You've got kids that are growing up with a very foundational ideals that Wyoming is all about, liberty, freedom, leave people alone, success, respecting the outdoors, respecting each other, all those types of things. And then we got to say goodbye to them because we can't provide them a job or there's nothing, nothing that can latch onto them or that they find interesting. So for me, that's what it was all about. And I'm a father of four. You know, some of my kids might not want to be cowboys. And so what do I tell them? We got to move to Colorado? No, I've been to Colorado. That's. Not that he gets my buddies down in Colorado. They're great down there, but no. So that was the why for me.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Goal of mine was because we had this great brain drain happening. We've got all these kids that we spend all of this money on in public education or what have you. Went on to community college or the University of Wyoming and we were pouring it on. And it equates over, I mean, if a kid goes K through 12 education in the state of Wyoming and then they go to the University of Wyoming and pick up a four-year degree there, that's a little over $300,000 invested per student. And then they leave. So that's a major bummer. That's our best natural resource.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“And I get it. I get it. I mean, that's Bitcoin, though. We come full walks of life. So for me, it was always about the why. And for me, it was always economic development. Now, granted, I first learned about Bitcoin back in 2012 time period and became a little bit involved in 2013. Right. If you've never been to Wyoming, take the opportunity to drive through and you're going to see nothing but beautiful agriculture everywhere and tourism and, you know, some mining, some coal mining, some old school mining, things that we're proud of in Wyoming. We didn't really have a tech field. And we've got this budding one now. And the big reason why that's important for us in the state of Wyoming and why it was such a”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, so that's a super good question. I love this question because for me, it's about the why. And I'm a cattle rancher out of Northeast Wyoming. So there's always a lot of people that see me with my big goofy hat and they're like, what the hell? What are you doing here?”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT
“Yeah, absolutely. No, it's a real pleasure. I've been an admirer of yours from a distance, and I've known Jason, admire of his for quite a few years. I've known Jason for quite a while, and we keep bumping into each other at conventions and what have you. And yeah, it's good to be here.”
2022-06-15 · We Study Billionaires · BTC082: The Senator Lummis & Gillibrand Digital Asset Bill w/ Jason Brett & Tyler Lindholm (Bitcoin Podcast) · IDENTIFIED FROM THE TRANSCRIPT