Get my new Bitcoin book:
https://www.amazon.com/gp/product/B08RX8Q4ZQIn this video, I discuss Gary Gensler's recent remarks at the Aspen Security Forum regarding the regulation of Bitcoin and other cryptocurrencies.
Gensler makes a firm distinction between Bitcoin and everything else.
Regarding Bitcoin, he says: "If you want to invest in a digital, scarce, speculative store of value, that’s fine."
Gensler views Bitcoin as "real innovation," while saying that he views all ICOs (initial coin offerings) as unregistered securities.
Expect more companies and projects to be sued by the SEC, as they have already done with Ripple and XRP.
Not investment advice! Consult a financial advisor.
Gary Gensler speech:
https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03DeFi's Dirty Little Secret:
https://www.youtube.com/watch?v=uwcwEszT7Ls&ab_channel=TraderUniversityDeFi Rekt:
https://rekt.news/Making XRP out of thin air:
https://pbs.twimg.com/media/D5IGCQlXkAAfd-V.jpgSEC charges Ripple:
https://www.sec.gov/news/press-release/2020-338Check out my online trading courses:
https://www.trader.university/joinUse this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5I 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
#Cryptocurrency
#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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