In this episode of The Vivek Ramaswamy Show, Vivek engages in a riveting discussion with his college friend, cryptocurrency expert Mark Lurie. This dialogue centers around cryptocurrency's role in modern financial systems and its interaction with traditional regulations. Mark insightfully dives into topics like Bitcoin's initial appeal, the potential disruption caused by crypto, and its need for a distinct regulatory approach. The latter half of the episode explores securities law, the concept of 'Know Your Transaction', and possible changes to accommodate crypto in these laws. Finally, a fascinating talk about crypto's ability to check the administrative state, serve as an opt-out jurisdiction, and its potential long-term impacts ensues. The episode concludes with reflections on a recent political event they both attended.