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The No. 1 Worry I Hear From Bitcoin Investors

Last week, while attending the Bitcoin Miami Conference, one of my high-net-worth friends invited me to a special, closed-door meeting with U.S. Representative Pete Sessions.

Sessions, who is from Texas, was also in town for the conference.

He believes bitcoin is “aligned with American values” and predicts that it’ll work to strengthen the U.S. dollar.

He also wants to make sure Congress doesn’t regulate the burgeoning crypto economy out of existence.

My friend who invited me to the meeting has made a fortune in crypto. And he’s worried about government overregulation of digital assets.

So he put together a small, exclusive gathering of heavy hitters from Wall Street and the blockchain space to speak to the congressman.

And the first person he introduced Rep. Sessions to was me.

He trusts me to speak about bitcoin to a political heavyweight like Rep. Sessions because he made his crypto fortune following my newsletters.

In a moment, I’ll share my thoughts on whether the government will ban bitcoin.

But first, I want to say I’m humbled that my work for everyday Americans has put me in the position to advocate to the government on behalf of this groundbreaking technology.

If it weren’t for you believing in me, I wouldn’t be where I am today. And I wouldn’t be able to push for regulations that will cultivate the crypto ecosystem, not suppress it.

’ve never seen an asset with more power to transform the lives of everyday people than bitcoin and crypto assets…

There’s a dentist from Oklahoma City I met who turned a few thousand dollars into $2 million… and an auto parts salesman who made six figures from a single $500 investment in one of my ideas.

These are the kinds of people I fight for. People like you. Because, like Rep. Sessions, I believe bitcoin is “aligned with American values.”

Now, let me turn to my thoughts on potential regulation…

The No. 1 Worry Among Bitcoin Investors

Last month, President Biden signed an executive order calling on the government to examine the risks and benefits of cryptocurrencies.

Even now, people are still freaking out about this order. They believe it’ll lead to restrictive rules that will stifle innovation.

But I’m not worried.

The order says exactly what you would want it to say… And the U.S. will not get left behind on blockchain technology.

The U.S. government is now taking a unified approach to providing regulatory guardrails the industry can use to grow in a compliant way.

The decision to pursue a unified regulatory framework will be the foundational launching pad that will propel the entire United States into the blockchain age.

Why the sudden change of heart by the government?

I believe it all comes down to something I’ve been saying for years: Never bet against Wall Street greed.

The Wealth Gap Will Rip America Apart… (Millionaire Says “Do This…”)

If we’ve learned one thing about global governments, it’s that they don’t stand in the way of the big banks’ desire to make money.

Take the 2007 housing crash. It was among the top five most devasting financial crises in history.

The stock market plummeted, wiping out nearly $8 trillion in value between late 2007 and 2009…

Americans lost $9.8 trillion in wealth as their home values plummeted and their retirement accounts vaporized.

But after that horrible financial crisis, did the government ban mortgage-backed securities… credit default swap… or collateralized debt obligations (CDOs)?

No.

Those financial products brought our country to its knees. Yet, the government didn’t eliminate them… (Which is shocking to me.)

So, why didn’t they get banned?

The answer is simple: Wall Street makes too much money from them.

This article was published on 14.04.2022 by Vijay Kumar
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