Cato Institute Panel at South by Southwest Interactive: Operation Choke Point and Alternative Currencies

Cato Institute Panel at South by Southwest Interactive: Operation Choke Point and Alternative Currencies

Author: Cato Institute March 16, 2015 Duration: 57:33
Cato Event Podcast
NewsCommentaryGovernmentPolitics

Can you imagine being denied a bank account just because some bureaucrat disapproves of your job? It could happen to you!

Launched in early 2013, "Operation Choke Point" is a joint effort by the Department of Justice (DOJ) and the bank regulators to limit access to the bank payments system by various businesses. Initially targeted at small-dollar nonbank lenders, Choke Point has grown to cover a variety of legitimate businesses that just happen to be unpopular with DOJ.

Since, in today’s economy, almost any economic activity depends on access to the payments system, allowing the DOJ to arbitrarily limit access represents an almost unprecedented abuse of power. Many targeted businesses and individuals are turning to cryptocurrencies such as bitcoin and dogecoin in order to survive without access to the traditional banking system.

What can be done about Operation Choke Point, who is being targeted, and what implications does this hold for the future of cryptocurrencies?

This panel will be occurring at the annual South by Southwest - Interactive conference in Austin, Texas. You will need to be a registered participant of the conference to attend. However, all Cato supporters are invited to follow along on Twitter using #CatoCrypto. We will also be posting a video on the Cato website after the conference is over.

Hosted on Acast. See acast.com/privacy for more information.


Step inside the Cato Institute's renowned Washington, D.C. events without leaving your desk. The Cato Event Podcast brings the lecture hall and briefing room directly to you, featuring unfiltered audio from live policy forums, author discussions, and Capitol Hill briefings. Each episode captures the substance of these gatherings, where scholars, policymakers, and leading thinkers engage in detailed conversations about liberty, governance, and current affairs. You'll hear substantive debates and thoughtful commentary that cut through the noise of daily headlines, offering deeper analysis on the issues shaping legislation and public discourse. This isn't a produced studio show; it's a front-row seat to the kind of candid exchanges that happen when experts gather to challenge conventional wisdom. The Cato Institute, through this podcast, provides a direct conduit to these discussions, emphasizing a perspective rooted in individual freedom, limited government, and free markets. Tune in for a raw, intellectual experience that goes beyond soundbites, perfect for anyone who wants to understand the foundational ideas behind today's political news.
Author: Language: English Episodes: 102

Official website RSS
Cato Event Podcast
Podcast Episodes
The Libertarian State of the Union [not-audio_url] [/not-audio_url]

Duration: 51:50
In his final State of the Union address, President Obama hinted at plans for his last year in office, which included efforts to further regulate the economy as a means of addressing policy issues like climate change and…
What Are the Rights of the Dying? [not-audio_url] [/not-audio_url]

Duration: 1:29:06
Five U.S. states either permit aid in dying or are poised to do so shortly. Several others are considering legislation and/or court judgments that may find in favor of it in various ways. Yet the ethical questions surrou…
GMOs and the Future of the Global Food Supply and Medical Innovations [not-audio_url] [/not-audio_url]

Duration: 1:26:15
For thousands of years, farmers used selective breeding to produce more plentiful harvests and increase the usefulness of domesticated animals. Today, genetic engineering allows businesses to do the same—but more cheaply…
Blood Oil: Tyrants, Violence, and the Rules that Run the World [not-audio_url] [/not-audio_url]

Duration: 1:26:18
The benefits from international trade have been huge. However, because of a deep flaw in global markets for natural resources like oil, consumers are forced to enrich repressive governments and armed groups overseas when…
The Assassin’s Veto [not-audio_url] [/not-audio_url]

Duration: 1:29:14
On the morning of January 7, 2015, Cherif and Said Kouachi, two brothers deeply offended by satirical drawings of the Muslim prophet Mohammad published in the French weekly newspaper Charlie Hebdo, exacted their own puni…
Power Wars: Inside Obama’s Post-9/11 Presidency [not-audio_url] [/not-audio_url]

Duration: 1:24:14
“We’ve paid a heavy price for having a president whose priority is expanding his own power,” then-senator Barack Obama proclaimed on the campaign trail in 2007. As president, he promised, “I’ll turn the page on the imper…
The Pentagon Budget: Prospects for Reform [not-audio_url] [/not-audio_url]

Duration: 1:29:18
During the Cold War, annual Pentagon spending averaged about $458 billion in today’s prices; over the next decade, its projected budget will average over half a trillion dollars per year. Yet, while our spending is consi…
Cato Institute Policy Forum and Luncheon 2015 [not-audio_url] [/not-audio_url]

Duration: 1:15:46
Please join us for an informative and entertaining policy luncheon and discussion with Alex Nowrasteh, Brink Lindsey, and Richard Rahn. This luncheon will feature presentations by Cato scholars Alex Nowrasteh, author of…

«1...161718192021222324...33»