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 Physics of Slingshots 2 | Smarter Every Day 57
Hey, it’s me Destin. Welcome back to Smarter Every Day. So, if you want to become smart in any particular field, you have to go talk to the experts. This is why I went to Germany to a guy named Jörg Sprave. [thunder] Now today we’re gonna learn about the …
Graphing circles from features | Mathematics II | High School Math | Khan Academy
We’re asked to graph the circle which is centered at (3, -2) and has a radius of five units. I got this exercise off of the Con Academy “Graph a Circle According to Its Features” exercise. It’s a pretty neat little widget here because what I can do is I c…
Big Changes at Y Combinator? An Inside Look with S22 Founders
Foreign expecting a full online kind of experience, and instead we got this. You mean the first annual Sonoma badge kickoff? I love just meeting everyone at the start of the batch, surrounded by really smart people from all over the world. Before I was in…
String Theory Explained – What is The True Nature of Reality?
What is the true nature of the universe? To answer this question, humans come up with stories to describe the world. We test our stories and learn what to keep and what to throw away. But the more we learn, the more complicated and weird our stories becom…
15 Signs You are the New Rich
When talking about rich people, you probably picture some old or wrinkly white man wearing a suit, sitting in a boardroom. Well, there is a new kind of rich individual that stays as far away as possible from this kind of identity. They don’t give an f abo…
This Platform Might Be Worse Than TikTok
We’ve talked extensively about the dangers of Tick Tock, but what if I told you that Snapchat was way more dangerous? While Tick Tock’s influence is more subtle in psychological terms, Snapchat puts young people at immediate, sometimes life-threatening ri…