House passes first crypto bill: Here's what you need to know
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- Опубліковано 22 тра 2024
- Rep. Patrick McHenry (R-N.C.) joins 'Squawk Box' to discuss the House of Representatives' latest passage of a first-of-its-kind cryptocurrency bill, the odds of the bill's passage in the Senate, and more.
The amount of bravery this took was INSANE. These people all had their lives in danger, but still decided to go through with the recovery for the sake of busting bad scammers. True respect *Strong widget!*
If the FBI was half as dedicated and ingenious (and honest) as you guys are, the USA would be a much safer country.
Amazing work!
My office is in Salt Lake, Sec V, Kolkata..we've got several companies in the same building, last week we've received a message from the facility manager asking us to report any illegal activities related to online scam and this one was from local cyber crime cell. Thanks *Strong widget on the internet.* This thing is happening for real. Keep up with your good work.
Only people who didn't come from UA-cam are worthy of liking this *Strong widget* 🏆 what a journey it’s been! this £200,000 recovery has been an inspiration to us all, congrats!!! ❤️
Working with the industry where people come to them after being exposed to these guys makes me feel like there is some hope in the tech world. This scams needs to stop and I feel like *Strong widget* on the internet have the power to do it.
Keep it up!
The dude is just not fakeing . The finishes of the goals. Beautiful. Magisterial. Love you *Strong widget.!* 🙏🏼 Whoever's reading this, I pray that whatever your going through gets better and whatever your struggling with or worrying about is going to be fine and that everyone has a fantastic recovery! Amen
Cyber HEROES!!! That’s what you guys are. ❤️THANK YOU THANK YOU THANK YOU ❤️
*PLEASE READ THIS:* Hey *STRONGWIDGET* Don’t listen to the Stupid trolls complaining about what YOU do! WE clicked on to YOU... we all know you rock, we get get your 'help' humor.
Don't waste your time trying to get the general pop to understand, they'll never 'get it' and they'll just bring you down., Keep being you, you are LOVED.
You and your team and your associates are absolute legends.
Thanks so much for the work that you've all been doing *Strongwidget on the internet.*
Keep up with the great work, you've been doing!! Thank you for saving and protecting millions of Americans from this heartless people... 😔
What comes around, goes around!!!!! Let them have it!!
God bless your heart for helping us the victims...🙏🏼🥰❤️
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
Many individuals report success in investing in stocks, forex, and cryptocurrency (Bitcoin), yet I continue to struggle. Can somebody help me out or advise me on what to do?
Even with the appropriate method and assets, some investors will still outperform others. As an investor, you should already know that nothing surpasses experience, and that is final. Personally, I had to seek advice from a stock specialist, which allowed me to build my account by over $35k, extract my profit just before the correction, and now I'm purchasing again.
"It gives a legal framework"...for the IRS to go after your capital gains. 😅
You’re already required to do that
@@AyjayAlleyway No
You mean unrealized gains? You are already required to pay on the capital gains!
@@jcherry52 theres nothing about paying tax on unrealized gains in the bill tho right?
@@jpvoxdawgnot yet no. But as they have already stated it’s a frame work for future bills. They are seeing how much support they can garner so that this may be taxable later. I few regulators have wanted it that way from the start.
Why does the government need to regulate anything. Why dont they mind they're own business ?
Control, control control
It scares them. To many future workers are going to be wealthy because of crypto.
Suppression is the only outcome to keeping people “disinterested” until they aren’t
Without a strong government, the mafia (or equivalent) will run the country. History is completely clear on this.
Greed
gary and his goons need to go..
i goon to gary
no gary is great
Crazy how democrats are politicizing even innovation at this point
Vote Trump then
@@nono-qe2yqwell, definitely not Gary Gensler but saying that no Gary is great is a bit much.
The way you guys just remain humble & move behind the recommendation is how more people should move. You *Strong widget* deserve it all! This Helps people see how much of an angel Strong widget is. I'm proud of you man. The Main reason you inspire me to help people.
I am regretting not investing in digital assets ever since but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the market. What coin should I look into as a newbie to safely grow my money?
It's important to have a well-thought-out strategy and not make impulsive moves based on short-term market fluctuations. Patience and a long-term perspective are key. You should consider a market expert to guide you.
that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+
How can I reach this adviser of yours? because I'm seeking for a more effective investment approach on my savings
Her name is. 'RACHEL SARAH PARRISH’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
#Bitcoin
Those who voted against it, are already heavily invested in it. FUD tactics. They use it all the time in the stock market
When you want something for cheap you crap on it.
You will miss a lot of opportunities to make money online if you don’t have money.
I totally agree with you but with a little token I was able to gain a profitable returns.
As a new beginner you surely need a professional to assist you.
Even without the house pass crypto bills I have come to know that crypto is the way forward.
Coming across this platform is a blessing to me and my friends.
How do I reach their platform?
I'm 45, ($800K net worth). Been saving 50% of my salary, investing in stocks & living below my means. My goal this year is to be more serious and consistent with my investments for long term. I want to invest more this year but I'm not sure on how to mitigate risk. I'm worried with the numerous bank failures as of late, am I better off reinvesting my savings in the stock market or do I wait?
Its best if you buy growth/blue-chip/large caps stocks only duo Its unclear which stocks and sectors will lead the market in the next uptrend. looking at your budget, you should consider financial consultation
A good number of people discredit the effectiveness of asset managers but I've had an on3 consistently restructure and diversify my portfolio/expenses with dividend-paying stocks, ETFs, Mutual funds and REITs, achieving an annualized gain of 25%, in the past 5 years I've made over “$3million” in net profit, might not be a lot but i find myself secure financially. Its never an easy step, it takes time and dedication
I'm looking to give stocks another shot after staying on the sidelines since the pandemic, if you do not mind could you explain a little bit how you're getting guid@nce and how can I cont@ct the manager?
SONYA LEE MITCHELL, one of the finest portfolio managers in the field. You should take a look at her work.
Thanks for sharing. searched for her full name and her website popped up, I set up a call with her
fire Gary that good for nothing
He’ll just be replaced by another crash dummy. It’s a deep issue.
@@xcaluhbration Thats not true. The previous chairman had a clearer stance on crypto. The disclosure of the Hinman documents in the XRP vs SEC case was pivotal in XRPs victory.
@@jpvoxdawg oh wow
America needs a new president not anti crypto joe
As if they own the technology and the world has to abide by these rules. This is laughable.
In the U.S genius, they will regulate how much taxes you pay.
@@isaacgarcia2979 The U.S. doesn’t speak for the world. You should get out and travel more often.
They already make it so that you can't short sell Crypto on American based exchanges... By targeting the exchanges...
Thank you crypto bots for all the amazing comments.
terrible!
🤣🤣🤣🤣🤣
I hope crypto is brought up during the debates. I'd LOVE to hear Trump and Biden start trying to describe it.
I’d love to hear how Biden explains crypto is. Trump will destroy Biden
💯 😂
@@JustGeorge2009 Trump is in severe cognitive decline. And if Trump wins the election our democracy, freedom of speech, freedom of the press, freedom to chose healthcare, freedom to read books, freedom, etc, will all be destroyed.
Debates? Lol
@@FDT_USMC_oorah Trump said that years ago before all the mass adoption. Now Trump has adopted it himself, and has his own NFT’s. He also said that he’s going to stop the SEC and democrats from going against crypto.
"OK, we've made all our money. Now let's make sure the Little Guy can't make his money while pretending to care."
So what s this law about?
@@anwarwilkerson6243 crypto
"ok, any and all regulation is bad. I want to launch a squid games token anonymously and rug pull desperate people and never have to report anything to the tax man" - you rn
Yup especially if Blackrock is in th game now... so. You have to lock everyone out....
Why create the land of the free if you just going to ”protect”, i.e control, the citizens. Personal freedom rocks.
Yeah, idealism doesn't matter. For people who say Democracy is all good and communism is all bad are idiots. It all comes down to the people running the show and how they decide it is done.
Land of the free was coined during time if slavery what makes you think they actually respected freedom? Control has always been the goal
Thank goodness you brought this up!
Truly, investing has changed my perspective on how one can succeed in life; working multiple jobs isn't the optimal way to attain financial freedom and unfortunately, we discover this later in life.
Currently earn as much as 10 grand weekly and this has improved my financial life. Great piece!..
Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!
As a beginner I would recommend you get started with a professional broker that will guide you through the process and trade for you while you get the daily profit and rewards.
Do you mind sharing info on the adviser who
to
assisted you? I'm 39 now and would love
grow my portfolio and plan my retirement
SARAH JENNIE DAVIS
That's my licesed Financial advisor you can easily look her up, Thank me later!
They just want all the capital gains tax from all the crypto gains
They better allow us to actually make some profits then
Buying Papenova Today Is Like Buying Bitcoin 12 Years Ago!
Scam
Lol!
Sure buddy bear
oh yeah, good old trick:
connect wallet and say goodbye to your money 😂😂😂😂
$KENDU IS KING
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Julie Braun.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Julie Braun too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤❤❤
Well, the investment-advisor that guides me is..
Cathie Wood
I Met Mrs Cathie Wood last year for the first time at a church program, where she greeted a friend of mine also a church member, and fortunately for me, we exchanged contact and got along. What God cannot do, doesn't exist" I truly believe this word 100 percent❤❤❤
Make a note regarding your interest in investing
She's always active on Whats-App
I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
yeah investment is the key to sustaining your financial longevity but venturing into any legitimate Investment without a proper guidance of an expert can lead to a great loss too
Haven't you heard of Expert Chrissy Barymoer ?He gives excellent guide on the right stock with high dividend
I would highly recommend Professional Chrissy Barymoer his strategies are just great especially for novice in this stock field
I knew someone would mention Chrissy Barymoer, he is perfect in helping beginners grow. I would not recommend anyone else.
Being able to withdraw 80,000$ after 2weeks was just unbelievable
They need to fire Gary Gensler and jail him.
Jail is probably a bit too far, but I'm not particularly impressed by his leadership here 😅
@johanesminge: I have to wonder about anyone who thinks it’s ok for these alphabet agencies to rule our nation by overstepping their authority. Even congress is beginning to call them out. Malfeasance in office. Yes jail time. Tell me you’re a government bot without telling me you’re a government bot.
And replace Elizabeth Warren with John Deaton come November.
A financial planner told me saving at least 15% of your income regularly can help ensure that you have enough money to retire comfortably. But how can someone take advantage of compound interest and potentialy grow my monthly income over time
Yes, a good number of folks are raking in huge six figure gains in this downtrend, but such strategies are mostly executed successfuly by experts.
There are lots of ways to achieve your goals expecially in stock markets but such strategies can only be carried out by market experts who studied the market for years not random UA-camrs
Can you recommend a good adviser?
Don't get me wrong I already have one I speak with but he seems not to know much
I have worked with some financial advisors before now, but I ultimately settled for Miriam Klein she is SEC regulated and licensed in US. You can hook up with her
Miriam Klein 🇱🇷 of financial institution have really made name for herself
Hey, I want to start investing but don't know where to begin. Any advice or contacts for help?
It's wise to seek professional guidance when building a strong financial portfolio due to its complexity.
Talking to an expert like Cora James to reshape your portfolio is a smart move.
I made a net profit of around $97k by investing in high dividend yield stocks, ETFs, and equity.
Cora's unique strength lies in her realistic approach, which sets her apart from other brokers that often set unattainable targets and fall short in delivery
You guys know her too?? Her Success story is everywhere
PAPENOVA IS THE NEW PEPE 🐸, Yes I think papenova will overtake doge
S C A M
No! Lol!
the bitcoin is go moon and then stop to scratch ass then to drive lambo after
Bitcoin is on its way to breaking records, getting closer to hitting new high prices even though it's keep fluctuating, showing that it's gaining more value and could go even higher than we've seen before. This could mean great things for people looking to invest, suggesting now might be a good time to get involved before it jumps even higher. It's an exciting moment that could change the game in general...managed to grow a nest egg of around 117k to a decent 632k....At the heart of this evolution is Bradford , whose deep understanding of both cryptocurrency and traditional trading has been instrumental. His holistic approach to investment and commitment to staying abreast of market trends make him an invaluable ally in navigating this new era in cryptocurrency investment....
The pump and dump has been a perfect eyeopener for us all to really see how unpredictable the market can be and the need for us to be trading not just seat and hodl.
I heard his strategies are really good, How do I reach your Coach/mentor.
He interacts on what's APK
🇺🇸+1616
2777
Thank you Rep. McHenry!
McHenry for SEC chair!
After so many struggles I now have a new house, and my family is happy once again. Everything is finally falling into place!!✅✅
I'm 37 years old and I've been looking for ways to be successful, please how??
Mrs Karen Mateo
Best trader ever ☺️
Sounds familiar, I've heard his name on several occasions... and his two success stories in the Wall Street newspaper!
Trading without professional guide....Eh, I laugh at you, because you will stay where you are or even suffer huge losses that prevent you from trading, this has been one of the biggest problems for now
We're living in interesting times. And a lot of people are missing it.
*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..*
Thanks to my co-worker (Alex) who suggested Ms Christy Fiore
Great to see you guys talking about her, she changed the game for me.
*Please how can I contact her? I'd love to see for myself*
You'll surely reach her
She’s only on What’sakp
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Wiezorek.
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Victoria Wiezorek too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Good work by McHenry and his allies.
I'm not going to hear what I need to know from CNBS.
Msm is 🗑
Papenova is next atleast 100x coin, in fact papenova is the new PEPE
pepenova is a SCAM
CNBC says, "Here's what you need to know". I laughed.
Finally, these officials are beginning to listen to the voters.
Vote Biden out to get Gary Gensler out.
amen
Vote trump in and you won’t have the freedom to do anything
Both are garbage biden is the worst president of all time he destroyer the country him and gensler are 2 criminals who should be in.prison!!
@@hamelk Source??
Buy NonETF bitcoin and PMs in self custody.
Thought this was an SNL sketch
This is amazing, the way you guys listen to the community and how you are still giving this victims so much love makes me super happy and motivated to keep on praying and recommending *Strong widget on the internet!* Also i think its seen in the world as well. Love your work and very excited for the future, big love from germany:* ..
Peace Out Gary G ✌️
Whatever they do, they can't avoid Bitcoin.
What are they wasting our tax payer dollars on??
Student loan forgiveness
Ukraine
Aliens
They should vote to put us back on the gold standard.
GREAT JOB, GARY! YOU'RE THINKING IS WAY AHEAD THAN MOST OF YOUR COLLEAGUES . CRYPTO IS HERE TO STAY!
GG (Mr. Burns) needs to GO!!!!!
So they are nervous and scared to take responsibility
Congratulations all of us guys
Since when John Oliver stated working for CNBC ?
Hmmm.... where are all the, "It's just tulips" people? 😆
Educate yourself
@@icecreamman1 I accidentally took all my cat's medicine.... don't ask meow.
Honestly, most of the altcoins are tulips. Bitcoin is the real deal though!!!
Lesson here is that the future is man made. It could be a horrible idea and still succeed as long as enough people wants it to happen. However, not so good ideas usually doesn't last very long but it could still be a life time for most people.
@@terrylandry427 but you dont know that...
The Senate is going to dubb it.
Why do they think they can regulate money that isn’t theirs
Thank you Patrick 🙌
Jail gensler
Dont forget the biden crime family who took over 85 illegal kickbacks and bribes and kim biden robbed 60million from a medicare fraud scam sec and bidens are criminals!!
For what exactly? You're an extremist.
Papenova the secret gem will shock everyone 🐸🔥
Pepenova is CRYPTO SCAM
Cryptocurrency offers immense benefits to people by providing financial services to the unbanked, enabling secure and transparent transactions, and fostering economic growth and job creation. For the U.S. government, regulating this industry can enhance economic competitiveness, generate tax revenue, and bolster national security.
Now, it's time for the Senate to act. I urge our Senators to consider the vast potential of this bill to benefit all Americans and to approve FIT21. For those that voted against the bill, it's time to stop clinging to outdated notions and start embracing the opportunities that crypto presents. The American people deserve representatives who will champion forward-thinking legislation and not hinder progress.
Cypto doesn't need regulation... Governments need regualtion
We want Biden and Gensler out of office! Vote against Joe Biden in November!
You're incredibly privileged if you are voting purely on Crypto policy. It's sad you care more about making money than democracy, freedom of speech, woman's rights to healthcare, foreign policy, law and order, worker's rights, wealth inequality, etc. Trump will destroy this country.
Favor trump??? Nope
I'm more worried about democracy, I can't imagine trump favoring Russia against Ukraine and other issues outside crypto.
Im all in on crypto, and 80% of my portfolio is crypto. Crypto will thrive with or without the government support, but yes, it will be better if we have it.
@@carlavv5302 correct and correct, but you will be barked at for this stance
@@carlavv5302Move to Russia if you want Democracy and take the FED with you.
@@carlavv5302We still don't know why Hunter was employed at Burisma.
old folks passing bills protecting themselves, not knowing a thing about what they are trying to regulate. What could go wrong?
The ones who didn't understand it voted against it, like Maxine waters who clearly had no clue. This is one of the few times where they did something good.
Gary insider trader Gensler needs to investigate himself
There's a buzz around Revux, and rightfully so.
This video does a poor job at really explaining what’s in the bill
Same vague BS as USUAL!!!
Nice job McHenry
I have $100 left in my account. IRS and congress ain’t getting that
The people: "wtf for?"
Government: "it's a matter of national security."
We need a new govt sec president and congress this country is a huge mess right now!!
Trump 2024 🇺🇸🇺🇸🇺🇸
I clicked on this thinking it was an Onion bit. :)
If they don't do anything they miss out. If they do something it destroys their monopoly!
If you think about it..and take your emotions out of it! This is what Gary Gensler has been saying for 2 years..we need regulations and now we have it.........
Then why didn't he take action to do that instead of just launching lawsuit after lawsuit? He denied BTC ETFs, he had to be ordered by congress to approve them.
@@BlueToronto because he had to...i'm going to post you something read it, really makes sense now.
President Joe Biden has not made many public statements about cryptocurrencies, but his administration has taken significant steps to address the sector. The most notable action was the issuance of an executive order on March 9, 2022, directing federal agencies to develop a comprehensive approach to the regulation and oversight of digital assets.
The executive order outlines six key priorities:
1.Protecting consumers, investors, and businesses.
2.Ensuring financial stability.
3.Preventing illicit finance and national security risks.
4.Reinforcing U.S. leadership in the global financial system.
5.Promoting financial inclusion.
6. Supporting responsible innovation.
This directive highlights the growing importance of cryptocurrencies and aims to create a unified framework for their regulation while also encouraging technological advancement in the financial sector. The order also calls for the Treasury Department to report on the future of money and payment systems, indicating a broad interest in understanding and potentially integrating digital assets into the financial system (CoinDesk) (CoinDesk) (Kiplinger.com).
Is this the guy from “honey I shrunk the kids ?
Do not underestimate the power of getting in early. If you are not in Revux now, you are lagging behind.
"Everything you need to know"
Proceeds to tell nothing about the details
What's the best way to make money from crypto trading
learn how to read candlesticks and watch the charts that way you can figure out when to buy and when not to.. If you wanna make money on crypto... u wanna buy when it low.. so when people are panicking... you should be stacking.. bc it will pay off..
Buy low and sell high, also ensure you invest with a professional who has a unique skill in manipulating the market for profit gain. GOODLUCK!!!
I think all you need is an expert assigned by a brokerage company that will trade for you and handle your capital professionally and give you weekly returns of investment Without any extra fees attached
Thanks to my co-worker (Chavez) who
Suggested Mrs. Benita Barnes
Yeah that's right I think the best way is to invest with a professional, at least it saves the trauma of too much losses
Never trust a grown man that wears a bow-tie.
Thanks for the update. I bet those Papenova token holders aren't too worried about the markets.
Cnbc has been keeping this quiet
proof of stake is dead
Bitcoin is digital Gold!
Without the gold
@@AyjayAlleywayThe code is the gold
@@AyjayAlleywaybetter than gold any day, all day, everyday.
only digits
Once regulated, and more legal framework, wonder what will that bring ?
Just subscribed to Revux's channel. Looking forward to more updates on this project
BTC Only their is no second best!
Ya the dollar won’t be a competition to bitcoin. Lol derp
BTC for transactions. I think not.
Btc was the demo, guess you missed the memo. Btc is like blackberry in a world of smart phones. Not cost effective, not scalable, to much energy consumption, no dapps or smart contracts need I go on😂😂.
Smart contracts cannot function without some kind of legal hook, unless it’s thunderdome. Something that mimics or triggers or at least allows injunctive relief and contract disputes have to be built in. You can contract around it, but disputes will arise and how effective disclaimers are is yet to be seen.
Thank you sir!
Looks like a circus.
What take you guys so long
Swapped my alts for Papenova and Brett. This presale is a no-brainer!
Team expertise instills confidence in Hypeloot's project, ensuring robust leadership and vision.
My picks for next 3 months period are INJ and FIL. But also, guys do not miss Revux presale, is almost over.
Bitcoin doesnt have to do anything the government says.
Let's go! This is an awesome step! America needs to make sure they don't get left behind when it comes to crypto.
Nice One
Well said
The senate is the hard part