The Blue Tsunami Is Here. Your Bitcoin Strategy Shouldn't Change
Democrats won the House and the Senate. Cory Klippsten expects very little to change for Bitcoin: Trump's appointees still run the SEC and the CFTC, and he can still veto legislation he opposes. Own a Bitcoin ETF? Swan's Real Bitcoin Exchange helps Swan Private clients exchange those shares for real Bitcoin: https://www.swanbitcoin.com/rbx?utm_source=youtube&utm_medium=video&utm_campaign=rbx-election&utm_content=longform What he does expect is more scrutiny of political power and crypto money, from the Trump family's tokens to the Clarity bill's ethics dispute. Then the Clarity bill, which stalled in the Senate in September; why Bitcoin doesn't depend on it; how the SEC and CFTC are already easing the industry's way; why the crypto industry was never driven overseas; and why the strategic reserve was a sales pitch. The policy fights he says matter are about your ability to buy Bitcoin, hold your own keys, and build software. And he doesn't expect a Democratic Congress and a Republican president to suddenly fix the federal government's finances, which is a reason to keep some savings in money the government can't create more of. Subscribe for more Outside Money. Chapters 0:00 The midterm results 0:36 Disclosures 0:59 What a Democratic Congress can do 1:23 Political power and crypto money 2:21 The Clarity bill 2:55 What Washington already gave the industry 3:31 The venture token model 4:04 Was crypto driven overseas? 4:35 The strategic reserve 5:27 The policy fights that matter 6:01 The debt is still there 6:21 Swan Private ► Connect with Swan Bitcoin: ✔ Twitter: https://twitter.com/Swan ✔ Instagram: https://instagram.com/SwanBitcoin ✔ LinkedIn: https://linkedin.com/company/swanbitcoin ✔ Threads: https://www.threads.com/@swanbitcoin ✔ Facebook: https://www.facebook.com/SwanBitcoin/ ✔ TikTok: https://www.tiktok.com/@realswanbitcoin WARNING: Beware of scammers who use Swan’s image and name in the comment section. We will never ask you to contact us through YouTube. If you have any questions and want to reach us directly, follow our Twitter account https://twitter.com/Swan and send us a message.
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