yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The Future of Crypto Under President Trump #shorts


less than 1m read
·Nov 7, 2024

Most of the moves you're seeing, including in Bitcoin, are around lifting of the regulatory weight that's been put on in the previous administration. About a trillion dollars has been pulled out of this, and this will be very good for every sector, including energy. We just detailed that. But crypto specifically started to happen just before 1:00 in the morning. It trades 24/7; it's an index for a regulated environment for financial services in the US, which will bring in a huge amount of institutional capital.

I have been involved in this sector for years and years, and you know, before he even gets into it, I was against Bitcoin years ago. The first debate I ever had was with him on it. I've reversed my position obviously, and for a good reason. But what this means—let me give you some of the rumor mill going on this morning: the CFTC is going to take a bigger role in regulating all tokenization and digital payment systems.

They're looking for a new master of disaster, if you want to call it that, someone to take on the role of that. It won't be so much SEC focused, and so we're very excited about that in the crypto industry. For me, it's digital payment systems—what a great place to invest! So, I have put money to work in Circle, USDC, and other infrastructure investments. It's fantastic.

More Articles

View All
The 5 Step Process for Getting What You Want From Life
Like I say, you can have practically anything you want in life, but you can’t have everything you want in life. So that means you have to prioritize what are the things you’re going after. That has to do with the earlier part of, you know, know what you’r…
Representing points in 3d | Multivariable calculus | Khan Academy
So, a lot of the ways that we represent multivariable functions assume that you’re fluent with understanding how to represent points in three dimensions and also how to represent vectors in three dimensions. So, I thought I’d make a little video here to …
Our Water Footprint | Breakthrough
Water is finite, but our demands for it are not. So in places where we have rivers running dry, what’s happening is our demands are bumping up against those limits of the finite supply. Our use of water for agriculture, for food production, for growing ci…
Kenya’s Wildlife Warriors | Podcast | Overheard at National Geographic
I just spent the morning driving in a 4x4 through rolling grass savannas in Kenya’s world famous Masai Mara. Already we’ve seen a group of cheetahs napping under a large acacia tree and a pair of young male lions lolling in the grass. Eyeing a group of ze…
See the 1,000-Year-Old Windmills Still in Use Today | National Geographic
There are ancient windmills in Nashtifan Village, which is located in the northeast part of Iran. What makes Nashtifan’s ancient windmills unique is that they are still operational. One of the main characteristics of the area is the strong winds that blow…
Preparing for Breakup | Life Below Zero
This is kind of an exciting time of year for me. My blood gets pumping a little bit ‘cause it’s breakup, and breakup to me is like New Year’s to most people. So I start my calendar year the day the river breaks up, and looking at the river, breakup is goi…