Carnage In Crypto Land (Bitcoin Wins Again)

1 year ago
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In this video, I discuss the ongoing carnage in crypto land, as well as how Bitcoin will be the only crypto left standing.

The SEC is seeking to freeze all Binance US assets, while ETH is clearly being grouped with other securities in the Coinbase lawsuit. Expect SEC lawsuits against ADA and ETH in the coming months.

Meanwhile, Gary Gensler was on CNBC saying that we already have a digital currency called the USD. Too bad it is such a bad store of value and has been weaponized as a political cudgel (thus no longer being a neutral global medium of exchange).

Bitcoiners know that it's impossible for Gensler to do to Bitcoin what he's doing to crypto casinos and unregistered securities masquerading as crypto.

State-sponsored attacks on an asset are a part of the free market competition between different forms of money.You might want to pick a money like BTC that can actually survive such an attack.

Not investment advice! Consult a financial advisor.

Coinbase and Cardano Rekt (Breaking News):

• Coinbase and Card...

Crypto Casino Rekt (Binance):

• Crypto Casino Rek...

SEC Seeks Emergency Order to Freeze Binance US Assets:
https://decrypt.co/143621/sec-seeks-e...

Bitcoin price commands premium on Binance.US after SEC lawsuit:
https://www.theblock.co/post/233429/b...

Hey SEC, Ethereum Is A Security:

• Hey SEC, Ethereum...

ETH mentioned as a security in the context of staking:
https://twitter.com/samcallah/status/...

Jack Dorsey thinks that ETH is a security:
https://twitter.com/jack/status/16660...

SEC Chair Gensler: We don't need more digital currency:

• SEC Chair Gensler...

USD is a melting ice cube:
https://www.visualcapitalist.com/wp-c...

USD has become a political weapon:
https://www.bloomberg.com/news/articl...

Fed contemplating CBDCs:
https://www.federalreserve.gov/cbdc-f...

The race to avoid the war:
https://www.swanbitcoin.com/the-race-...

Flipping The US For Bitcoin (Danger Ahead):

• Flipping The US F...

Bitcoin-only companies not getting sued by the SEC:
https://twitter.com/dhruv/status/1666...

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
#binance

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