Posted on 05/16/2024 12:17:26 PM PDT by RandFan
@SenLummis
The Senate passing a CRA overturning SAB 121 is a win for financial innovation and a clear rebuke of the way the Biden admin and Gary Gensler have persecuted crypto.
It also marks the 1st time Congress has passed standalone crypto legislation.
We are just getting started.
(Excerpt) Read more at twitter.com ...
Several Dems broke ranks including Schumer of NEW YORK !
Biden has threatened to veto this ...
crypto... crapto...
BS by any other name is still BS
The House was debating this last week, and one of the Dems in the debate was NC rep Wiley Nickel. Some things you just can’t make up.
US crypto industry lobby spending on track for new record in 2023
I have not idea what this is about other than something to do with Cyrpto.
Crypto was cool until it became an “industry” with the largest banks creating ETFs.
Now it’s just another product.
This is dumber than no-doc mortgage money.
Why must Republicans so often be at the forefront of stupid?
That's really weird...
I like Lummis she is one of the best and most conservative
I trust her..
I’m not a crypto currency investor and never will be.
However, if this investment is going continue to yield profits with the amounts currently invested, large financial institutions need to be involved in the action.
That involvement could add stability to a misunderstood financial instrument(crypto) or lead to a weaker banking system.(if losses occur)
Of course, a strengthening would lead to a stronger financial sector.
I love Bitcoin and Solono. You can call it BS. The IRS says it is a hard asset the same as Gold. BTC will continue to be the asset that all the financial institutions accumulate in order to beat inflation. So fare in four years I am up 500,000 USD, and after spending 190,000 my 96,400 investment is still worth 300,000.
Follow James:
https://www.youtube.com/watch?v=nFM57I9rhLk
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