Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes

Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes

Reshma Patel, a Democratic candidate for New York City’s Comptroller position, talks about her “future proof” plan for the city, which centers on investing in cryptocurrencies and blockchain technology. In this episode, she discusses:

  • what duties the New York City Controller performs
  • how Reshma thinks crypto and blockchain tech can help New York City, which she calls her “future proof” plan
  • how a city comptroller would go about investing 1%-3% of the city’s pension funds into crypto
  • what type of crypto investment vehicles would be appropriate for the city to invest in 
  • why Reshma became interested in crypto in the first place 
  • what sort of real-world issues blockchain technology could solve in NYC, particularly in its procurement system
  • whether Reshma envisions an NYC blockchain solution for its procurement system being on a private or public blockchain 
  • how the Comptroller could influence the state of New York to make the BitLicense more accessible for entrepreneurs 
  • why NYC must compete in the blockchain/crypto space with Miami and Wyoming 
  • how crypto could help NYC recover post-COVID 
  • what comes next for Reshma’s campaign and why she is not allowed to receive crypto donations 

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021 

Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero 

NEAR: https://near.org 

Episode Links

Reshma Patel

  • Twitter: https://twitter.com/reshmapatelnyc?lang=en 
  • Blockchain campaign: https://www.reshma2021.com/blockchain 
  • CoinDesk profile: https://www.coindesk.com/city-comptroller-candidate-says-blockchain-is-in-new-yorks-future 
  • The Block article: https://www.theblockcrypto.com/post/102122/candidate-nyc-comptroller-crypto-blockchain

Miscellaneous Links

  • BitLicense

    • https://ciphertrace.com/new-york-bitlicense/
    • https://www.coindesk.com/bitlicense-timeline 
  • Duties of NYC Comptroller

    • https://comptroller.nyc.gov/about/duties-of-the-comptroller/

Link to the Crypto News Recap:

https://unchainedpodcast.com/doge-up-13000-ytd/

 

The post Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes appeared first on Unchained Podcast.

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