Altcoiners' Worst Nightmare Is Here
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In this video, I discuss the New York Magazine interview with SEC head Gary Gensler, and the light that it shines on coming crypto regulation.
Only Bitcoin will qualify as a digital commodity, while all other altcoins will be found to be unregistered securities whose parent companies and foundations have been playing legal games and regulatory arbitrage.
Meanwhile, the very term "crypto" has been irrevocably tarnished.
By contrast, Bitcoin still has one of the strongest global brands around. Bitcoin will end up being the new global reserve currency and global reserve asset.
I'm happy to sit back and watch the SEC decimate the enemies of Bitcoin.
Not investment advice! Consult a financial advisor.
SEC Coming For Altcoins:
https://www.youtube.com/watch?v=Q05tR...
Can Gary Gensler Survive Crypto Winter?
https://nymag.com/intelligencer/2023/...
https://twitter.com/coryklippsten/sta...
Shipcoiners in disbelief:
https://twitter.com/DanielSR___/statu...
Solana Billionaire VC's Are Laughing At You:
https://www.youtube.com/watch?v=nBHH0...
Why Am I Such A Mean Bitcoin Maxi?
https://www.youtube.com/watch?v=16bSt...
Don’t Call It ‘Crypto’:
https://decrypt.co/121597/dont-call-i...
Crypto Terms Are 'in a Lot of Ways Poisoned':
https://decrypt.co/122180/crypto-term...
Solana Network Stumbles:
https://www.coindesk.com/tech/2023/02...
Solana Validators to Make Second Restart Attempt:
https://www.coindesk.com/business/202...
Vitalik has not tweeted in over a month:
https://twitter.com/VitalikButerin
What's So Bad About ETH Being A Security?
https://www.youtube.com/watch?v=UaVMR...
Money is a winner take all competition:
https://twitter.com/jcowking/status/1...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#crypto
#sec
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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