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
When there aren't gains from trade | Basic economics concepts | AP Macroeconomics | Khan Academy
So let’s say we’re in a very simplified world where we have two countries: Country A and Country B. They’re each capable of producing apples or bananas or some combination of them. What this chart tells us is if Country A put all of their energy behind ap…
Standard cell potential | Applications of thermodynamics | AP Chemistry | Khan Academy
Standard cell potential, which is also called standard cell voltage, refers to the voltage of an electrochemical cell when reactants and products are in their standard states at a particular temperature. For a zinc-copper galvanic cell, solid zinc reacts …
Stoicism | What are Apatheia, Ataraxia & Eudaimonia?
In Greek philosophy, we can distinguish several human ‘states of mind and being’ that can be acquired by correct philosophical understanding, as well as the pursuit of virtue. The main goal of a Stoic is to live in accordance with nature. Such existence m…
Can You Swim in Shade Balls?
I’m in! I’m floating in shade balls! This feels incredible because, like, I can hardly tell there’s water under me. It feels like just being in a ball pit. But it’s kind of like quicksand. Oh no! Uh oh! I feel like this is the Internet’s fault because I m…
8 Strengths Of Introverts
By many, being introverted is seen as a weakness. Introverts rather stay on the background, often hesitate to make a decision and get fatigued by social interaction. But these so-called weaknesses are easily compensated by a series of strengths that are g…
15 Ways to Get Rich in the New Economy
People used to get rich because of oil and big industry. You had to employ thousands of people to be one of the select few that service the population in order for you to become wealthy. But now, things have changed. The way the economy works has changed.…