Unchained

Unconfirmed: Should NYC’s Pension Funds Invest in Crypto? This Comptroller Candidate Says Yes - Ep.235

May 7, 2021

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/ Learn more about your ad choices. Visit megaphone.fm/adchoices

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