U.S. Passes Crypto Bill Against SEC Overreach!🚨Trump Officially Endorses Crypto🔥
ฝัง
- เผยแพร่เมื่อ 10 มิ.ย. 2024
- The United States House of Representatives has voted to pass a bill overturning controversial Securities and Exchange Commission (SEC) guidance preventing banks from owning crypto. The bipartisan bill titled H.J. Res 109, overturned the SEC’s Special Accounting Bulletin 121 (SAB 121) requiring banks to hold their customers’ crypto assets on their balance sheets, which is not the case for traditional assets such as securities.
00:00 Intro
00:43 Maxine Debate Intro
02:02 Why the bill must pass
04:04 FTX Argument
06:06 Brad Sherman Returns
07:26 Tokenized Assets are at stake
08:38 Maxine gives up?
09:33 White House Plot Twist: Biden steps in
11:36 Bill gets passed
12:30 EU Bill passing margins
13:04 Robinhood on SEC Overreach
15:20 Trump champions crypto
17:40 The Real Crypto Villain... Apple
19:55 Outro
#Crypto #bitcoin #
~U.S. Passes Crypto Bill Against SEC Overreach!🚨Trump Officially Endorses Crypto🔥~
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My Wife and I who are not gangsters but just intelligent Americans who invested in Bitcoin in 2021 at $11,000 a coin and in less than 8 months Bitcoin jumped to $70,000 a coin so my Wife and I cashed out our crypto then took our profit and paid off our HOME, OUR CAR, ALL of our bills, put a new roof on our home, a new fence around our property, landscaped our lawns, paid the taxes on our crypto and paid the Bank back on our$78,000 2nd T.D. against our home to buy our Bitcoin. My 60-year-old wife quit her job and is now so happy. I am a retired bank manager who did my research on Crypto and knew my investment was correct which I could never do in the old and manipulated stock market.
That’s what I’m talking about, champion! I wish you and the wifey a happy and successful future together 🙏🏻 Cheers!
I second that.
Or those who started 2013 :-)
These cartels DONT WANT US to accumulate wealth. They want us to work until we drop dead! Good for you and your wife!
Lie. Bitcoin was never at 11k at any point in 2021. Good story though!
SEC is Corrupt
They watch porn on computers.
Big time 😢
The whole current administration is corrupt.
They are protecting the dollar and the banks and the markets in their mind. Maybe they’re in someone’s pocket. Not just mine lol!D
Once Trumo is elected the SEC will be shutdown.
They need to toss out the rat Gensler for being such a corrupt regulator.
I'm a democratic voting Trump ....
RFK Jr is the only one who understands this and many other issues, far better choice than trump or bidden. RFK wants the us to be leaders in blockchain tech
@@donkeybus Agreed, but unfortunately RFK doesn't stand a chance.
@@joemamma98723 sure he does, his momentum is growing. But even if he doesn't win getting over 5% could be a game changer long term because of the funding threshold.
It wouldn't matter. He's just a pawn playing his part as instructed. If it's not him, the next guy up will be doing the same thing.
Congress must investigate Gary Gensler on his involvement with SBF and FTX.
Won't ever happen!!!
And Hillary.
It's crazy how this was swept under the rug and wasn't investigated...
How come they recovered all of FTX missing funds ? Gary was paid off.
@@Papoose35"Can of worms."
Why on earth are people voting for politicians that infringe on self custody & digital freedom & privacy 😮
They're not.
Because they would rather have that than infringement in the medical room and on the internet. If they can get in between you and your doctor then they can get in between you and anything.
Because liberals vote based on feelings, never facts.
@clos8754 killing babies is a bit different than custody
@@familyvid1what?
Let's move away from the word "crypto". I like "digital assets"
100% agree. Digital Assets 👏🏼
Biden Executive Order 14067 from 2021 says Congress must make good regulation for digital assets that ensures its Innovation in America!🇺🇸
Most people don't understand what a digital asset is. It's like explaining the internet to people in the early 90's. Digital Assets are real assets it's a matter of time until they're common knowledge .
Well said
I prefer "fool's gold" myself
Forbidden Crypto Hacks book isn't just a book it's a roadmap to crypto success that you can't afford to ignore.
Crypto should be in no bank, once that happen then its not true crypto, but I guess you gonna have two form of crypto! but the we have to look at the whole picture, the whole reason why they are pushing for this is bring the whole cashless society and in come with the whole CBDC. in that way the can have way more control
As a life long democrat Crypto absolutely red Pilled me.
Let’s Go Brandon!
What about the criminals in the White House?
yes and ignores that elephant in the room
And Congress!
Are we really trying to play whataboutism? A narcissist's favored tool of diversion.
Congress republicans lied about everything. They admitted ZERO evidence of any criminality by Biden. It’s TRUMP who is the criminal who’s going to prison.
They are all bought and paid for
Sec did not do anything about FTX
That's was the point. This is warfare after all.
HA! CIA is complicit that's why. They have their dirty hands in everything!!
Head of sec is friends with Sammy boy Bankman, head thief of the company
That’s because FTX was a democrat party slush fund and helped pay the thugs that helped steal the 2020 election….
Because Sam Bankman fraud was a big donor to Biden and democrats
THEY need us to keep believing that the dollar will maintain its strength.
exactly o m g
These regulators that are anti Crypto have to be voted out!!! NOW….
All these corrupt old politicians need to ride off with all their millions and let younger smarter individuals .
I agree with this. This would include Trump riding off with his millions or whatever the hell he has left. Let's vote RFK Jr.
Bad idea
The younger people are confused about what gender they are.
Let's fix that.
Well said!
Unfinished sentence. Are you the smarter and younger generation?
@@jessewilson1273Trump is a billionaire and making millions every week
They should ask Brad Sherman and his gang to describe crypto and BTC, i promise they can't. they don't understand it,
LOL. Hilarious he said you couldn’t buy a sandwich with a Bitcoin. Sandwich sellers would be lining up around the globe for that sale.
Sherman is an old uneducated politician that needs to retire
Couldn't disagree. This old gayser Sherman and corrupted Gary Gensler need to go to maximum jail cell.
Truth hurts snowflakes but it’s criminals drug dealers traffickers and enemies of America all use crypto for their activities.
Gensler and Sherman are so corrupt. I'm tired of those criminal wasting my tax dollars doing the exact opposite of what they should do.
I think he is "educated", .... but what he learned back then is already outdated.
Not keen on learning a bit of new relevant stuff.
we ! we have to retire them!
We the people are going to veto the president out.
Always remember that the Russia Ukraine war was the very first crypto currency war in history. Do your own research on it
@@joshuacarrero7531Crypto War? That’s the first time I hear that. I thought it was because NATO whispered Ukraine to join them acting like Russia wasn’t going to retaliate
Yes!! RFK Jr the only sane choice!!!
How about going after the puppet masters
no you're not.
A great day for crypto!!
Nope, Biden already said he’s going to veto it
Biden will have to try with a short sentence, hes on a short leash now.
@@marcb4788He can’t
The worse thing that could happen is to allow these corrupt banks to handle BTC w/o actually having it!
Maxine Waters saying "Stable corns " gets me everytime
😂😂😂
🤣
Maxine Waters saying ANYTHING gets me everytime
We need a meme corn called Stable Corn
😅
Mw didn’t mind crypto when sbf gave her millions for 2020
That part!🤣
A $63000 sandwich for Sherman !
Ahahaaaa how can customers get refunds when 80% was trafficked back to our US Congress? Absolutely laughable!!!!
FINALLY A COMMON SENSE LAW 🙌 👏 👌
Yup I just seen it 👍🏾🙌🏾💯💯💯 hope everyone get wealthy off this! Its time!
Hell yeah my friend, thank you and likewise! Cheers ❤
Sooo, my drug dealers only take cash 😂😅
I wasn't going to vote for Trump but, if he is pro crypto, He will have my vote.
I agree, i cant believe the current administration is trying to Cripple Bitcoin & Digital freedom
Same here. Any politician that tries to take away our privacy, self custody or stop Bitcoin/revoke freedom doesn’t get my vote.
He's also for a gold backed U S Treasury Note.
RFK Jr is pro crypto. Trump just is indifferent to it. Still better than Biden, but I want pro-crypto president.
Definitely voting for Trump from Chicago
CBDC's that's what's afoot here with Bidin , Waters and Brad Sherman
FYI: Criminals accept cash too.
Cash is easier to hide
Digital assets have a perfect ledger
@@raygross1931 that you can move into monero and obfuscate. Also BCH has cahsfusion. good luck trying to track it down.
100% voting Republican this year. Biden and the Dems have been a wrecking crew.
RFK Jr, but other than that, I'm voting GOP up and down the line also.
Same here from Chicago,I know a lot of people that have been hardcore Democrats that are all voting Republican this cycle,Thank goodness
Smart choice
@@peterk6460bout time. It's an absolute shit show there
I'm a democrat ...Biden has done things I like but his crypto views I disagree with....I will vote Trump..... Sorry bro you are fawking up my plans to become an expat and move to South East Asia....
At last the old dinosaurs no longer rule the earth.
He basically said Black Rock is pro drug dealing 😂
Ha ha excellent point. I love it.
I was wondering if someone was going to bring it up ! No one is stopping Black Rock
Excellent video! Thank you so much for explaining all this so well.
Its congress not the president who dictates law.
These commenter's don't even vote. Same guy told them it's rigged lol
Our "education" system really has failed the population. (Perhaps that's the point.)
BS . . .
Oh yeah? Is that why Biden said he would veto the bill if it got to his desk?
@@livelucky74Biden didn't say it Warren did implying he did. She, on behalf of tradfi, is desperate.
So the Congress finally sees that they're going to make money so tell the SEC to backoff
Oh they already know, they’re manipulating the market rn, packing their bags. By the time regulation comes, we’re about to have some billionaires in government 👀😂
Congress don't have their bags yet.......
Those old dudes are the criminals trying to stop the development of a decentralized financial system !
Thanks Paul for another bullish update! 💪🏼
You can easily tell the good guys from the bad guys these days. Those who are accountable to the system and those who serve the people.
This is an amazing video for everyone to watch ❤
Thanks PB!
I think this is one of your best videos. Thank you.
Lets blame the liberal SEC not republicans
If we are to play the blame game (since that's easier than accepting responsibility for not speaking up) let's get to the real culprit: The Central Banks. The corrupt chairman is simply an agent of the Opposition.
They're all the same
Everyone in trad-fi’s pocket. Ridiculous unrealized cap gains tax policies. What planet are they on? It’s hilarious how they all have the best ever stock trading history or their spouses lol. It’s literally the definition of insanity. This is why we Bitcoin y’all 🎉
@@JWSU They're not the same . Please educate yourself and look in mirror and hope it doesn't crack homie .
All politicians on both sides are corrupt and useless. Until you have been in the stock market and experienced the corruption first hand, you will never understand how corrupt it is.
Why are US politicians so old? Serious question.
Very informative. Appreciate your hard work and diligence
Smashed the like... great update sir 👍 👏
'cause she has a CRAPLOAD of SBF-era-FTX 'donations'
I'm always shocked to see that Maxine Waters can read
Thank you for the broadcast
Another great video packed with good insight. Thanks!
Trump called Crypto a scam in 2021, it’s a complete flip flop and you know it Paul!
Nearly all of us bitcoiners flip flopped. Djt just took longer. We all started with negative connotations and ideas about Bitcoin but with some critical thinking and research, we flipped.
So you rather have biden for the next for 4 years and want the crypto bull cycle continues? I won't happen!
Trump spent his presidency making false promises of what he was going to deliver to us citizens in his term.
He promised jobs - never delivered
He promised infrastructure - never delivered
He promised Healthcare - never delivered
He promised middle class tax cuts - never delivered
Surely he will deliver this time, though. Surely.
I'm not voting for Trump because he claims to be pro crypto now. He wasn't back when he was in office and screwed us crypto owners back then. I like having a democracy, I'd prefer not to support a guy that committed treason and said he's going to overthrow our democracy on day one if he gets elected. I'm not selling out over the chance to make more money on crypto, I'm not greedy. ✌️
@@bertblue9683trump and "critical thinking" don't belong in the same sentence. RFK Jr is the pro cryptosystem candidate.
I have Bitcoin and I am very much a single Mom that works hard
Will Marry you and help care for the child
Are you sure you're not a criminal and/or drug dealer? 😂 can you buy a sandwich?
Good show! Paul, you are a crypto hero, doing your thing! Thanks
This is the best news I've heard all year 🎉 the real news
They Had SBF ruin FTX for argument purposes 👀👀👀👀 people see that !!!
Is Paul wearing pants or nah? 😂😂😂
He doesn't seem like the type to wear any pants. He needs easy access 😅
😂😂😂😂
Yes, and fiat is never used for nefarious purposes…GIVE ME A BREAK
great show. relevant information, that brought alot of real incite. this really turns on the light to the real factors taking place.
Trump 2024
Deaton for Senate
This show is petty good. Thank you
Let's hope the votes are not stolen again.
I never thought I would be voting for Trump. No crypto no vote
Same here
Not me it’s been a no brainer. If democrats were willing to fabricate the Russia hoax hoping to frame and take down a U.S Elected President which would be ripping every vote out of every American and rip it up in your face then they will take away your freedom and lie to your face and sell the USA to the highest bidder or the lowest.. joe Brandon sold his share for 21 million that’s treason
you sell your soul that easily... wow.
Biden is way more pro crypto than trump. Biden Executive Order 14067 is proof. Trump tried to destroy Bitcoin his first term and continues to lie to gullible people who he needs their vote to stay out of prison. He hates crypto.
@@mindwis3 yep I am into crypto, no crypto no vote
You do a great job Paul. Thanks 👍
Consistently some of the best information on crypto tech and finance! Thanks!!
So she’s not gonna play Scarlet Witch anymore? She just gonna conduct interviews about crypto? Ok… I don’t like it but ok… 😂
I'm voting Trump anyway....we are going down the dam tubes.
Trump spent his presidency making false promises of what he was going to deliver to us citizens in his term.
He promised jobs - never delivered
He promised infrastructure - never delivered
He promised Healthcare - never delivered
He promised middle class tax cuts - never delivered
Surely he will deliver this time, though. Surely.
RFK Jr is a far better option, trump had a big part it getting us where we are unfortunately....
@@donkeybusstill voting trump
Same. Trump.
@@donkeybusAll this BS going on was because of Biden, not Trump.
The facts are never in question, the perspective is outstanding and the consistency is so appreciated. Thank you.
Nice work, Paul!
I'll sell you a sandwich for a bitcoin all day long 😂😂
some of these boomers just dont get it..
thanks for your honest coverage Paul
Thank you for this good news n great presentation ❤
I think Maxine is really open to trying to understand the industry and isn’t anti crypto like Elizabeth warrwn
really???
@@Southprong59 she wouldnt be pushing for stable coins legislation if not. I think she may be able to be persuaded.
Bitcoin. The peaceful revolution that separates Money from State
Damn right, the banks hate BTC because they know it’s a decentralized asset unlike the good ol dollar
Good man Paul 👍
Thank you for the info
One more reason to vote for President Trump . . .
RFK Jr is more pro-crypto than Trump. Trump never even talks about it. Bobby does. He's actively pro-crypto as opposed to simply not being against it the way Biden is.
Yes you can vote for RFK. But unfortunately let’s be honest, it will come down to the big 2 candidates. So a vote not given to trump gets Biden 1 more vote in the lead. And we’ll be stuck with him again along with Gary Gensler. Think about it.
Trump spent his presidency making false promises of what he was going to deliver to us citizens in his term.
He promised jobs - never delivered
He promised infrastructure - never delivered
He promised Healthcare - never delivered
He promised middle class tax cuts - never delivered
Surely he will deliver this time, though. Surely.
@@miguelcasillas9910that's just two party propaganda, due to the elecoral college your comment is false. Unless you live in a swing state your vote doesn't matter unless its for a third party.
FJB
Great content 💯
Now let the bull run go ….. let’s go. Good luck everybody!
The SEC should crawl in a hole & not come out until this bull run is over.... or 2026, whichever comes first. They are as annoying as a gnat in your face.
Vote Trump!
His anti crypto 😂
@@kushseti8842 No he is not
FJB
Trump spent his presidency making false promises of what he was going to deliver to us citizens in his term.
He promised jobs - never delivered
He promised infrastructure - never delivered
He promised Healthcare - never delivered
He promised middle class tax cuts - never delivered
Surely he will deliver this time, though. Surely.
RFK Jr is pro crypto and actually knows what that means. Trump said "I might not ban it" 2 months ago.
Outstanding episode. Thanks!!
Great content 👍
VOTE TRUMP!
Vote RFK Jr! The most pro crypyo candidate and the only one who understands it.
@@donkeybusreally wish rfk was his vp, then ran for president in 4 years
@@grumbles333 Nah, trump betrayed us and showed his true colors with his FISA supprt. That's unforgivable.
*Amazing video, you work for 40yrs to have $1M in your retirement, meanwhile some people are putting just $10K into trading from just few months ago and now they are multimillionaires*
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can't decide what is best. Can you explain further how you invest and earn?
YES!!! That's exactly her name (Angela Christine Derle) so many people have recommended highly about her and am just starting with her 😊from Brisbane Australia🇦🇺
Thank you Paul for all of your hard work ❤❤❤
Congratulations Paul for your excellent programs!
But yet I can buy a 8$ sandwich with bitcoin thru coinbase learn what your speaking on government.
Crpto used for crime? 2 words. Jamie Dimon
One of the biggest crooks in the world, along with Fink et al.🤬
Billions in penalties to jp Morgan alone.
Shhhhhh don't say that out loud! That's the way it's always been.
thank for information
If that is the case why isn’t the case against Ripple being dismissed.
FTX is refunding SOL at $16, when the price is $150ish. That is NOWHERE NEAR A FULL REFUND !!!! They need to stop saying that.
It is the morons who held on the exchange, instead of cold storage, who held through the top and rode it down to the bottom. They should have sold above $200 and used cold storage. Problem prevented.
@@paulclinton6414 Lol, guilty as charged. At some point, it wasn’t worth selling anymore.
Big D to the rescue🎉
Thanks for the video Paul
Paul havnt we seen this before where we need court cases for legislation
Having to choose between Biden and Trump is national disgrace. But Biden definitely not getting my vote.
Amen to that, I can't afford to waste my vote on RFK Jr. either.
I feel the same way but unlike you I have to vote for Biden because at least he's trying to do what he thinks is best for the US rather than his own pockets and his master Putin
RFKJr is pro crypto bro!!
He has no clue what he's doing.
@@millspaysbills5146 the benefits of living in America, we can vote for a candidate we find that may favor our values. Happy voting.
Definition of a politician = I will say and do whatever it takes to get elected even if I don't believe in it! Don't think for one minute if DJT is elected that all of a sudden the US will embrace crypto. The US dollar is what gives the US it's strength which is why they will not let it go regardless of who is in the White House! You would need to overhaul the entire House and Senate with younger politicians if you really want change!
RFK Jr!! The only sane presidential candidate
Great show!
The most honest man in America has endorsed crypto ("today"). Phew!
Trump made his money as business man. Biden, Pelosi, waters and Warren made their multi-millions selling their political influence. I'll trust the guy who only over inflated asset values for a loan over politicians who receive bribes or kick backs to sway legislation
Can one buy a sandwich using a gold bar or gold coin?
I do not understand what point is being made when saying one cannot buy a sandwich using BTC.
They all will come around to crypto. You can't avoid the inevitable......
Thank you
thank you, Paul.