The U.S. Government Wants to Cut Off Crypto’s Access to Banks. This SEC CRYPTO TAKEDOWN is 100% PLANNED!
We will be at Bitcoin Conference 2023 next year!
Use code ‘ALTCOINDAILY’ for 10% off:
We’re attending Outer Edge (previously NFTLA)!
“AltcoinDailyVIP” for 10% off:
Hit Like, Share, and Subscribe for more daily cryptocurrency news
Altcoin Daily, the best cryptocurrency news media online!
Follow Aaron on Instagram:
Follow Aaron on Twitter:
Follow Altcoin Daily on Twitter:
https://twitter.com/AltcoinDailyio
Timestamps:
0:00 – SEC ‘SCRIPTED PLOY’ To Control Crypto
0:30 – U.S. Gov Wants to Cut Off Crypto’s Access to Banks
2:24 – Why is the US government doing this?
3:12 – IT WAS PLANNED! 100% SCRIPTED!!
5:15 – It is ALL Scripted!!!
6:56 – narrative vs reality
7:28 – How far behind are we? What needs to happen?
8:38 – What EXACTLY needs to be figured out?
9:44 – my biggest take away
**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin.
***********************************************************************
🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links)
Support us on Patreon here 👇 and be a part of exclusive content and voting power
https://www.patreon.com/AltcoinDaily
Protect and store your crypto with a Ledger Nano:
https://shop.ledger.com/?r=4b0f6c5711dc
Get $10 Sign-Up & Buy Bitcoin With Swan👇
https://www.swanbitcoin.com/aarontarnold/
Buy Bitcoin with Cash App:
Try it using my code and we’ll each get $5. MMQHWLG
https://cash.app/app/MMQHWLG
Sign up for Coinbase & get $10 in free Bitcoin:
https://www.coinbase.com/join/arnold_a2r
***********************************************************************
Altcoin Daily, the best cryptocurrency news media online!
#bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #motivation #coinbase #stocks #wallstreet #investor #wealth #bullish #bearish #cryptolive #altcoindaily
***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
This is NOT an offer to buy or sell securities.
Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.
This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.
Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.
Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT
cryptocurrency, crypto, altcoin, altcoin daily, news, best investment, top altcoins, ripple, best crypto investment, ethereum, xrp, crash, bull run, bottom, crash, rally, price, prediction, podcast, interview, finance, stock, investment, too late, bitcoin, cryptocurrency news, bitcoin news, cryptocurrency news media online, defi, should i buy ethereum?, ethereum a good investment, best crypto investments, 2023 prediction, nfts, best nfts, cardano a good investment?, should I buy cardano?, bitboy, coin bureau, binance, coinbase,
The U.S government wants to cut off crypto's
access to Banks this is a scripted planned Ploy to take down or otherwise control
cryptocurrency all right if bombshell Report tonight about how Elizabeth Warren
Senator Elizabeth Warren and her office Coordinated testimony with the Security and
Exchange Commission ahead of a senate hearing It's called The American Dream because you have
to be asleep to believe it crypto companies May Soon find themselves deprived of banking services
in the United States just like online poker was During the Obama ERA this is according to Nick
Carter Castle Island general partner Nick Carter Believes the crypto industry is under attack by
the United States government in a sub-stack post Published the other day Carter claimed that the
Biden Administration was currently quote using The banking sector to organize a sophisticated
widespread Crackdown against the crypto industry By discouraging Banks from doing business with
crypto companies it's a big Club and you ain't In it according to Carter the government's
approach replicates a strategy employed by The Obama Administration thank you named Operation
choke point which sought to marginalize specific Industries by restricting their access to
banking impacted Industries included the Online poker industry Firearms manufacturers adult
entertainers lotteries and Money Transfer networks With regards to the cryptocurrency space Carter
listed 14 instances in the last 10 weeks in which Crypto-friendly banks had faced pressure from
the government or had otherwise elected to stop Providing services to crypto companies he claimed
that influential members of Congress the Federal Reserve the Federal Deposit Insurance Corporation
and the office of Comptroller of currency and the Department of Justice were all implicated in what
he called operation choke point 2.0 notable among These events were statements made by the Fed the
FDIC the OCC and the National Economic Council Strongly discouraging Banks from holding crypto
or dealing with crypto clients on a safety and Soundness basis the US government is going for
the approach of attacking and punishing crypto Rather than creating clear guidelines for this
budding industry so why isn't the US government Helping us why are they punishing us it's because
Bitcoin and crypto are an existential crisis and A direct threat to those in power and the status
quo as it is CEO of two crypto companies Adam B Levine and host of markets daily podcast explains
this what it really comes down to is that Bitcoin And cryptocurrency represents a threat to the US
dollar it doesn't represent a threat in the short Term it represents an existential threat in the
more medium term when the US dollar inevitably Has to restart its system because the way that
things are going are not sustainable and they Will not continue if it history is any guide
what if I told you that this was all scripted Would you believe me what if I told you that the
theater that they put on on TV it's just that It's theater and the questions and the answers
have already been planned they make it look like It's off the cuff but it's not it's orchestrated
example congresswoman Elizabeth Warren and SEC
Chair Gary Gensler their scripted ploy to control
crypto all right a bombshell report tonight about How Elizabeth warned Senator Elizabeth Warren and
her office coordinated testimony with the Security And Exchange Commission ahead of a senate hearing
the Heritage Foundation oversight project of which I'm Associated through a foia request obtained
emails from Warren's office to the office of Chairman Gary ginsler two days before his Senate
testimony back in September of 2021. the email From Warren's Economic Policy advisor includes
a list of questions get this a list of questions That Senator Warren planned to ask along with
suggested answers for the chairman of the SEC The advisor also wrote quote let me know if you're
okay with the questions as currently written two Days later she sent a follow-up quote let me know
if it's looking like the chair has any issue with The framing of the questions definitely don't
want to put him in a tough spot end quote and It appears the chairman didn't have any issue
with these questions because Senator Warren Asked almost verbatim from the email check this
out chair counselor Advocates say crypto markets Are all about financial inclusion but the people
who are most economically vulnerable are the ones Who are most likely to have to withdraw their
money the fastest when the market drops does this Sound like the path to financial inclusion do you
it's all scripted it's all planned and actually If you look into it to almost any previous past
conversation between again let's say Elizabeth Warren and SEC chair Gary Gensler notice how she
compliments him notice how she has the questions Ready to go Gary has the answers ready to go
under a Warren from Massachusetts uh thank you Mr chairman and welcome Mr Gensler uh I remember
your work at the cftc and I anticipate that you Will show the same Independence and courage as
head of the SEC so as you know the sec's job Is to protect investors maintain Fair orderly and
efficient markets and facilitate Capital formation But it is falling down on the job and so since
we're limited for time I'm just going to pick Three examples the SEC is not requiring
companies to make full public disclosure About climate related risks the SEC is letting
companies leave their investors in the dark about Predatory private Equity practices and as Gamestop
recently demonstrated the SEC stands by while the Stock market too often functions like a casino
where the roulette tables aren't on the level So let me go back through these let me start
with climate risk Mr Gensler is there any Reason why companies should be able to hide
their climate risks from their investors Um Senator no I think that particularly material
materiality is a point here but no they should Not be able to hide their okay good now let me go
to private Equity it's always like this narrative Versus reality the SEC says their job is to
protect investors but if that's so where are the Rules yeah I mean I think that this comes back to
what we always see from the political space which Is narrative versus reality The Narrative is that
the sec's role is to protect investors the reality Is is that if they wanted to protect investors
they would have given us rules that would have
Been tailored to the technology rather than just
trying to essentially use rules that they don't Have to explain or Justify to anybody because they
were already passed for other purposes so how far Behind are we what needs to happen to be ahead
of new innovation in the crypto space in America Oh look an adult in the room former SEC
chair Harvey Pitt makes corrupt regulator Gary Gensler look like a clown Gary Gensler
is trying to slow crypto down to allow the Banking incumbents to take control he's
not trying to protect retail investors So how far behind are we in regulating crypto
and What needs to take place in order for us To finally kind of be ahead of any type of
new innovation that comes within the space I think what's required is a comprehensive set of
rules of the road um it's no use in telling people You have to follow the law if they don't know what
the law is most people will try and follow the law But they need to know what it is and so doing this
on a piecemeal basis Case by case with enforcement Actions doesn't really get us to where we need
to be which is a comprehensive regulatory scheme So what exactly should the SEC be figuring out
when it comes to crypto see what I like is that This former SEC chair Harvey Pitt makes it sound
so simple makes it sound so easy and it could be Harvey what would be some of the aspects to that
comprehensive plan well first I think you have To designate someone to be in charge of today's
hearings uh some folks are suggesting the SEC do The job and that may make great sense but whoever
does it has to sit down and come up with rules of The road that explain everything from how you
offer interests in these marketplaces how you Protect investors how you verify assets and make
sure that people are not being scammed when they Are scammed obviously you have to throw the book
at them but you need a book first and that's What's missing right now we're gonna have to fight
for fair cryptocurrency regulations we're going to Have to get loud subscribe to the channel join
the altcoin daily team we keep you updated on a Daily basis and perhaps the biggest takeaway for
me is this it's a big Club and you ain't in it It's called The American Dream because you have
to be asleep to believe it get your tickets to Bitcoin 2023 Miami May 18th through 20th Miami
Beach this year use code altcoin daily 10 off This is the biggest Bitcoin Conference of the
Year ticket prices continue to increase as we Get closer to the event use code altcoin daily
10 off get your tickets now get your tickets To nftla Outer Edge March 20th through March 23rd
will be there we'll be on some panels this is one Of my favorite crypto conferences in La maybe
the best and to find out why it's so cool we Interviewed the founders check it out the number
one best crypto event in Los Angeles nftla get Your tickets check out this interview to find out
more details it's going to be epic we'll be there
