Gary Gensler vs. Crypto: Unveiling the Battle for Digital Currencies

Join me, J-Money, as I bring you breaking news on the official commencement of the war on crypto. Gary Gensler and the SEC are launching a full-scale attack on cryptocurrencies, labeling all but Bitcoin as securities. Check out the linked list in the description for the details. Gensler even argues that digital currencies are unnecessary, claiming we already have digital money in the form of the US dollar, Euro, and Yen. However, the investing world is increasingly digital, and companies like Coinbase are seeking clear rules and fair disclosures. Even Robinhood has faced SEC silence. The SEC alleges unregistered security offerings by Coinbase, despite its recent listing on NASDAQ. We cannot tolerate this overreach, so let's make our voices heard. Find the contact information of Gary Gensler and Hester Pierce in the description and let them know where we stand. Additionally, visit senate.gov to contact your senators and urge them to fight against this infringement on our elected officials. Stay informed, take action, and let's protect the future of crypto

SEC press release: https://www.sec.gov/news/press-release/2023-102

67 Cryptocurrencies now securities by SEC: https://cointelegraph.com/news/sec-labels-61-cryptocurrencies-securities-after-binance-suit

Robinhood got no clarification: https://www.coindesk.com/policy/2023/06/07/robinhood-joins-coinbase-in-saying-it-tried-to-come-in-and-register-like-sec-wanted/

SEC Clears Coinbase to go Public: https://www.reuters.com/article/us-coinbase-listing/coinbase-gets-all-clear-from-sec-setting-stage-for-landmark-crypto-listing-idUSKBN2BO6PA

Bitboy channel: https://www.youtube.com/@UCjemQfjaXAzA-95RKoy9n_g

Timecodes:
0:00 - Intro
0:19 - SEC - Deemed Crypto "Securities"
0:50 - Gary Gensler "We Don't Need Digital Currencies We Have The US Dollar"
1:30 - Coinbase- We asked SEC For Clarification But Did Not Hear Back
2:06 - Robinhood - Was told process was told no more.
2:26 - Coinbase - Dealing with unregistered securities since 2019
2:40- SEC APROVES Coinbase To Go Public In 2021!
3:13 - Gary Gensler and Hester Peirce Contact Info Through The SEC Website
3:49 - How to Reach out to your Senator.
4:25 - Video Ending

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