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
How do you know if you should be a business owner?
How do you know if you should be a business owner? I think one of the critical things is to know if you’re a business owner or an entrepreneur. There’s two different questions here. You can be a business owner and have an entrepreneur as a partner or some…
The 8 BEST INVESTMENTS to make RIGHT NOW
One supplies its Graham here. So I checked my analytics the other day, and as it turns out, nearly 60% of you watching are in your 20s, or you just lied to Google about your age when they asked you how old you were so you can get around the age-restricted…
Last Wild Places: American Prairie Reserve | National Geographic
Everything that is in this creation is put here for a specific purpose. All the things that fly, all of the things that swim, all of the things that crawl, they all have a special place in our culture. It is our responsibility as the two-leggeds to try to…
The Perils of Downhill Cycling | Science of Stupid: Ridiculous Fails
The electric light, the telephone, the microchip. All great inventions. But for me, the most important of all was the wheel, mainly because it led to things like this. Downhill cycling. Why use two wheels when one makes you look twice as cool? But before…
What Your Net Worth Should Be By Every Age (Individual)
Everyone wants to be rich, but if you ask anyone how much they’re worth, 99% of them can’t tell you. That’s the thing about building wealth: you can’t grow what you don’t measure. Net worth is how you measure someone’s wealth. Think of it like this: if y…
The Decline in Drug Research | Breakthrough
The interesting thing about bing drugs is that the bands are supposed to reduce recreational use. We’re not sure they do. They stop people perhaps talking about it, but they don’t stop recreation. But what they do do is they stop research. We know that s…