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Btc futures trading was launched in 2017 so Wall St and banking institutions could come in to pump and dump and fully control all bitcoins price action.
The Lummis Bill doesn't say to print new money. It states, "Be paid for by diversifying existing funds within the Federal Reserve System and Treasury Department." Meaning, sell some gold to buy BTC for example.
hes got a severe case of Trump derangement syndrome. You have an outsider thats attacked by the establishment on both sides been indicted more times that Al Capone taking all slings and arrows to help this country, and this fella fled his country not doing a damn thing for America.
If you go back and listen to Her speech, she never mentioned printing more money to buy Bitcoin she said the money is already there and she made it a point to say that they would buy the existing gold paperback security or cash and convert that to bitcoin so there is not additional money printing.
Money laundering is not the problem, the government and what it does with the money is the problem. There’s so much money that they can account for, but they’re concerned about money laundering by citizens. That’s laughable.
Regarding Bitcoin my only concern is when we run out of oil we can afford to burn . They will go after excess energy leaving Bitcoin to compete for the scraps to keep the network going. In the long term energy is finite thus creating an extreme demand for what's left in energy terms for day to day survival. Something to think about.
"Show me the incentive and I'll show you the outcome." 0:47 NO, the poor are not the victims, the landlords are. And when the city takes SIX MONTHS to evict, they are incentivizing the parasitic renters to NOT PAY RENT.
If the US becomes a third world country it will be because we import millions of poor people around the world every year. We won't BUY bitcoin, we will mine it. Why would we buy it? You talk about 1 senator out of 100 and pretend they speak for everyone. But let me clarify what you are saying in this video. The largest economy in the world is doing bad and will crash soon....but Bitcoin is going to rise. I hate to call anyone stupid...but this is logically inconsistent. If you want bitcoin to succeed you d better hope the US economy will succeed.
Poor American Airlines staff are sleeping in their cars. Everything is getting too blinking expensive. Im scared to leave the house, it will cost £€$ to walk out the door. Cheers guys. 😊
@_outofphase5480 the proposal was to sell the certificates for the current market value of gold, at around $2500/ ounce, presumably bringing in the money needed to carry out the proposed purchases of BTC. It offers an interesting idea, if the statements are accurate, and if there are enough certificates to fund all of the purchases (which I personally doubt but am certainly open to proof of her idea).
A couple of weeks is probably a little too optimistic .. August is summer hols, so ermmhh are you sure? .. I guess nothing significant will happen til mid september .. but what do I know :)
Senator Lummis talked about selling gold for dollars and using dollars to buy Bitcoin. Now, w/ regards to stable coins, could be a problem w/ KYC, or not. But let's not put her under the fire as we do not have many Bitcoin advocates in government.
They need to keep their sticky fingers out of crypto but I know they won't. The most important thing is that crypto holders make an influence on the way the regulations are written or else crypto in the untied states could become undesirable to participate in. They really know how to ruin a good thing.
Ive been reading for years from Bitcoiners who Bitcoin could be used to fix nations debt , here we are now with politicians actually wanting to do something like this and your biases wont let you commend them for at least that. I wonder what would make you happy ? maybe a thought that nations could infact do away with the FED and incorporate Bitcoin is a good thing, something Bitcoiners could lobby help or lead and direct governments to do instead of being selfish and living on flashy tropical islands
If America is going to become a third world nation, which nations will be on the upswing? What is the differentiating factor, crypto policy? Monetary system?
@@SeekingJUICYalpha ill tell you im not a disrespectful troll that needs to put someone down at every turn. Enjoy your twitter swamp of opinion. FJB bro. Hes old and senile. But, Trumps not…😂. His coup attempt is very patriotic and his rape and porn star fraud is very conservative. Eff your feelings bro, alpha over beta, bro So tired of you fools. Eff joe biden bro. You have no solutions just complaining
All on and off ramps will be KYC. No way around that. But your activity on chain can be done in a decentralized way.... If you avoid Solana and Ethereum
Bitcoin appreciates whilst Dollars depreciate. It seems to make perfect sense to me that you would borrow a depreciating asset like dollars to buy an appreciating one like BTC. Seems like the mad thing would be not to do this! This is the "Saylor Hedge".
how'd that video go 1 month ago about you saying BTC may get to 100k in 30 days. so i didn't bother on this watching because everyone just takes a wild guess and does video's to make people buy in or you might miss out scam. now there all in losses and hate crypto. i feel for the newbies because that was me about 3 yrs ago. not one shilling channel has ever got it right normally the opposite in general.
Heidi's New Book! 👇
shop.learningcrypto.com/products/why-crypto-e-book
Ordered it, and will post a review later on. I don't think I will learn much but who knows.... we shall see.
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You are 100% correct! Thinking a politician actually cares about you is the equivalent to thinking the stripper likes you.
Interesting way to put it! 😂
@@CryptoTips might be a bit harsh but puts it into perspective as to how dumb it is to think US politicians care about the people😂
lol she really likes me,trust me bro 😂
@@josephandujar-wj5xm she really does! As long as you keep giving her your money 😂
I wish I could upvote this comment a thousand times. 🔥
BEST TO ACCUMULATE AT LOWER PRICES. BUY IN RED
So sick of this leverage in the system.
Btc futures trading was launched in 2017 so Wall St and banking institutions could come in to pump and dump and fully control all bitcoins price action.
Thanks for the update, and congratulations on the book.
Bro KYC will NOT be stopped! You need to be realistic with these leaders. Everyone is in this for themselves.
The Lummis Bill doesn't say to print new money. It states, "Be paid for by diversifying existing funds within the Federal Reserve System and Treasury Department." Meaning, sell some gold to buy BTC for example.
Ef orf😂
Kyc is kyc 🤡
"Meaning, sell some gold to buy BTC" - Yup
hes got a severe case of Trump derangement syndrome. You have an outsider thats attacked by the establishment on both sides been indicted more times that Al Capone taking all slings and arrows to help this country, and this fella fled his country not doing a damn thing for America.
If you go back and listen to Her speech, she never mentioned printing more money to buy Bitcoin she said the money is already there and she made it a point to say that they would buy the existing gold paperback security or cash and convert that to bitcoin so there is not additional money printing.
Great information. Thanks for pointing this out.
Great vid brother
Money laundering is not the problem, the government and what it does with the money is the problem. There’s so much money that they can account for, but they’re concerned about money laundering by citizens. That’s laughable.
This isn't even the worst of it lummis's bill would ban algorithmic stable coins like dia or any other similar coin
Thanks Toby
No problem, thanks for watching
Congrats on the book!!!! Good stuff you two
Thanks, Heidi worked so hard on it
If no one has money for rent. Then they have no money to buy crypto
Regarding Bitcoin my only concern is when we run out of oil we can afford to burn . They will go after excess energy leaving Bitcoin to compete for the scraps to keep the network going. In the long term energy is finite thus creating an extreme demand for what's left in energy terms for day to day survival. Something to think about.
uranium,tons of nat gas.........and tesla free energy coming...wake up...
Thanks
Yes, all true, but what about just hanging on to the 200k bitcoin they already own? That would make a pretty nice start to a “strategic reserve”
Agree with you
Can’t account for
How is having BTC as a strategic reserve bad. Correlating that to another bill does not make sense.
I always wait for Crypto tips Toby videos. But they are very short. You should share more wisdom for us gen X
short and sweet...
Can you make an audio version on the book?
E-book readers can read aloud.
Good video great balance good facts
"Show me the incentive and I'll show you the outcome." 0:47 NO, the poor are not the victims, the landlords are. And when the city takes SIX MONTHS to evict, they are incentivizing the parasitic renters to NOT PAY RENT.
They would need to use gold to buy Bitcoin but they can buy gold with the Dollars they print 🤷🏻♂️. We can't think in terms of Dollars in the long run
I ordered a shirt 👕.. "enemy of the state" 😂
US Government is the institutional version of Charles Ponzi.
Printing money to buy or create assets would reduce the real debt. However government is not very good at doing much of that.
If the US becomes a third world country it will be because we import millions of poor people around the world every year. We won't BUY bitcoin, we will mine it. Why would we buy it? You talk about 1 senator out of 100 and pretend they speak for everyone.
But let me clarify what you are saying in this video. The largest economy in the world is doing bad and will crash soon....but Bitcoin is going to rise. I hate to call anyone stupid...but this is logically inconsistent. If you want bitcoin to succeed you d better hope the US economy will succeed.
Yeah, Bitcoin without privacy = BTC, and adding KYC/AML into law makes it worse!
Dip keeps dipping
Poor American Airlines staff are sleeping in their cars. Everything is getting too blinking expensive.
Im scared to leave the house, it will cost £€$ to walk out the door.
Cheers guys. 😊
TRUMP FOR FINANCIAL FREEDOM
Us gov copies sailors btc strategy and shorting dollar. Pretty smart.
F kyc and any regulations
A wolf disguised as sheep....good one bro !
Her proposal was to sell the gold certificates to pay for the BTC. THE CERTIFICATES are held on the Treasury books at 42$ per ounce.
@_outofphase5480 the proposal was to sell the certificates for the current market value of gold, at around $2500/ ounce, presumably bringing in the money needed to carry out the proposed purchases of BTC. It offers an interesting idea, if the statements are accurate, and if there are enough certificates to fund all of the purchases (which I personally doubt but am certainly open to proof of her idea).
They don't need to print to buy BTC. They already own a lot of siezed BTC. 50,000 to be precise.
print away
Lummis doesn't like USDT either.
They're going to print anyway, because the the fiat "house of cards" system now requires it.
A couple of weeks is probably a little too optimistic .. August is summer hols, so ermmhh are you sure? .. I guess nothing significant will happen til mid september .. but what do I know :)
nothing
Us gov is gonna print no matter what they may as well put some to BTC
Biometrics = kyc.
Good for being consistent with your ideology. Very few UA-camrs are staying true to Bitcoin ideology.
It’s sad to see
Senator Lummis talked about selling gold for dollars and using dollars to buy Bitcoin. Now, w/ regards to stable coins, could be a problem w/ KYC, or not. But let's not put her under the fire as we do not have many Bitcoin advocates in government.
Lumis said sell gold to get money for btc
👍👍👍
Totally depressed Toby. lol
They need to keep their sticky fingers out of crypto but I know they won't. The most important thing is that crypto holders make an influence on the way the regulations are written or else crypto in the untied states could become undesirable to participate in. They really know how to ruin a good thing.
Politricks
We don’t worship politicians Toby. We worship you. 😶
@AZeroSum 😂😅 Your weak af!
let's have that lonely bull run, I have been reading the book
Let us know what you think when you finish it!
the nation state who first starts printing money to buy bitcoin wins!!!
KYC is getting state of GA. residents,banned from Binance U.S. ,on Nov.29th. Due to the platforms lack of a certain,license.
come to new york if you think georgia is bad!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@@DaveC-s9n Yea,I heard!! I was born in Buffalo lol!
Ive been reading for years from Bitcoiners who Bitcoin could be used to fix nations debt , here we are now with politicians actually wanting to do something like this and your biases wont let you commend them for at least that. I wonder what would make you happy ? maybe a thought that nations could infact do away with the FED and incorporate Bitcoin is a good thing, something Bitcoiners could lobby help or lead and direct governments to do instead of being selfish and living on flashy tropical islands
Spot on. The Nashville conference was sad in some ways and there's a solid divide between us and those who truly aren't Orange.
You cannot trust politicians if they are not hard core Bitcoiners like Bukele or I will say more and more Kennedy jr
And tes. The US economy IS bad. And WILL crash ... and take the price of BTC down with it when it happens (in a few weeks)
If America is going to become a third world nation, which nations will be on the upswing? What is the differentiating factor, crypto policy? Monetary system?
TOTALLY AGREE. DON'T TRUST THIS BS. THANKS 👍
Now do a criticism on anti-crypto Harris and Joe Biden.
There is a majority bias to that exact story. Dont cry because one channel isnt bowing to the orange coup attempter
@@andybarrett6472 andy,wtf are you talking about.....there all puppets..
@@andybarrett6472😂 Tell us you LOVE BIDEN without telling us us you love Biden😅
@@SeekingJUICYalpha ill tell you im not a disrespectful troll that needs to put someone down at every turn. Enjoy your twitter swamp of opinion.
FJB bro. Hes old and senile. But, Trumps not…😂. His coup attempt is very patriotic and his rape and porn star fraud is very conservative. Eff your feelings bro, alpha over beta, bro
So tired of you fools. Eff joe biden bro.
You have no solutions just complaining
@@SeekingJUICYalpha juicy alpha🫨. Ya gonna have to get your FJB tattoo removed. trump and epstein 2024!
Well as long as us in the know make some scratch. who cares? 😉
Get corps out of buying houses.
KYC is not a scam. Just do it. Get verified then You’re on the “books”. Then use an open source decentralized system to transact everything else.
All on and off ramps will be KYC. No way around that. But your activity on chain can be done in a decentralized way.... If you avoid Solana and Ethereum
62k😂😂😂😂 eth under 3k japan's stock market has crashed get money out crypto before black Swan and it all dumps people
Bitcoin appreciates whilst Dollars depreciate. It seems to make perfect sense to me that you would borrow a depreciating asset like dollars to buy an appreciating one like BTC. Seems like the mad thing would be not to do this! This is the "Saylor Hedge".
Trump 2024
Hey Toby! Mr. T will fix all of this. Don't worry!
You not posting videos blasting democrats for their anti-crypto stance is very hypocritical.
chill...you got the power if you have the GOOD LORD!!!
good thing you turned tail and ran from america. right todd?
Thanks for watching again, appreciate the view my boy! 👍
Anything is better than Kamala Harris and her Anti-crypto Vice President (Tim Walz).
Trump said it , now everyone is talking about it. Job well done
Biden Executive Order 14067 in 2021 is why crypto has reached two all time highs recently. Trump is actually playing catch-up.
how'd that video go 1 month ago about you saying BTC may get to 100k in 30 days. so i didn't bother on this watching because everyone just takes a wild guess and does video's to make people buy in or you might miss out scam. now there all in losses and hate crypto. i feel for the newbies because that was me about 3 yrs ago. not one shilling channel has ever got it right normally the opposite in general.