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The comments during testimony before Congress follow a similar sentiment from Fed Chair Jerome Powell last week.
This episode is sponsored by NYDIG.
Today on “The Breakdown,” another major regulatory figure has confirmed he has no intention of banning crypto. During testimony before Congress this week, Rep. Ted Budd (R-N.C.) asked Gensler if he planned to follow China in banning crypto (the same question Budd asked Powell last week). Gensler’s answer, if not any sort of endorsement of crypto, did make clear that banning crypto wasn’t the SEC’s intention (or remit). On this episode, NLW looks at a number of other questions Gensler faced, along with a set of bills that have been introduced to change the way the U.S. deals with tokens.
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NYDIG, the institutional-grade platform for bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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“The Breakdown” is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Only in Time” by Abloom. Image credit: Andrew Harrer/Bloomberg/Getty Images, modified by CoinDesk.
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Earlier this year, I got an amazing email—the estate of John Lennon said that they have a treasure trove of audio material from his life, and they were wondering if I would be interested in making an episode around the song “God,” from John Lennon’s first solo album. I’ve never tried making a posthumous episode before, because hearing directly from the artist is at the heart of Song Exploder. But with all the interview archives that they have of him speaking, plus all the isolated tracks from the recordings, and the original demo, it actually seemed possible. So this is a very different and special episode of the show.
In September 1969, John Lennon told the rest of the Beatles that he was leaving the group. Their breakup was announced publicly in April 1970, and that December, John Lennon released his first solo album, John Lennon/Plastic Ono Band. The Plastic Ono band was the name for a rotating group of musicians that John and his wife, the artist Yoko Ono, had put together. For the making of “God,” the band included Ringo Starr on drums, Billy Preston on piano, and Klaus Voormann on bass. I got to interview Klaus Voormann about his experiences making this track, and in this episode, you’ll hear from him along with the archival interviews with John Lennon, Ringo Starr, and Billy Preston. You’ll also hear the original demo for “God,” and outtakes from the recording sessions at Abbey Road studios. They recorded the final version of this song on October 9, 1970—John Lennon’s 30th birthday.
Archival audio sources:
- John Lennon's audio was excerpted from an interview with Rolling Stone's Jann S. Wenner, recorded on December 8, 1970. The full interview can be found here. With grateful thanks to Jann S. Wenner for his permission and collaboration.
- Arthur Janov and Billy Preston's quotes came from interviews conducted in 2005 owned by Yoko Ono Lennon. With grateful thanks to Yoko Ono Lennon for her permission and collaboration.
- Ringo Starr's audio came from the 2008 Classic Albums documentary on John Lennon / Plastic Ono Band, directed by Matthew Longfellow. With grateful thanks to Ringo Starr for his permission and collaboration.
For more, visit songexploder.net/john-lennon.
By David Tomas Martinez
Michael Sayman was 16 years old when Facebook recruited him to join the company. The overture arrived as he was sitting in math class, and the teacher promptly took away his iPad. Sayman joins Big Technology Podcast to discuss why and how Facebook builds products for kids and teens (something he has intimate knowledge of) and the reasons why it won't stop.
You can find Sayman's new book, App Kid, here: https://amzn.to/3uNDazI
Imagine you've just seen a UFO. A few days later, mysterious men appear on your doorstep in anachronistic black suits, cryptically warning you: if you tell anyone what you saw, there may be consequences down the road. This is the story of the Men In Black, one of the strangest tales in the world of UFOlogy.
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Facebook responds to allegations by a a former employee. Seeking compromise in Congress. Investigating FBI failures in the Larry Nassar case. CBS News Correspondent Steve Kathan has today's World News Roundup.
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