52 min listen
2/3/23: Why Crypto is Here to Stay
2/3/23: Why Crypto is Here to Stay
ratings:
Length:
71 minutes
Released:
Feb 3, 2023
Format:
Podcast episode
Description
Tom Emmer, a member of Congress, just issued a tweet and he said, "Crypto is here to stay. I will keep advocating for policies that advance crypto innovation and adoption in the US because crypto is more than a financial investment. It's about restoring liberty and choice to individuals". Wow. That's brand new coming from Tom Emmer. And he's not alone. Kevin McCarthy, the speaker of the House, way back in 2019, he said, "I like Bitcoin. I want the government to start using blockchain". That was in 2019 when Kevin McCarthy was not the Speaker of the House. Well, now he is, and he's in a much stronger position to dictate that the government in fact start using blockchain. So when you have these major political leaders embracing and endorsing this asset class, well, you know, things are coming.And this isn't just a Republican thing. Democrats, too, are highly supportive. Janet Yellen last year called blockchain technology transformative. Maxine Waters, the ranking minority member of the House Financial Services Committee, she said last summer, "We're in a new digital assets space race. America can't be left behind". And Elizabeth Warren last year said, "Let's do a central bank digital currency. Yes, I think it's time".-----Brought to you by:Global X ETFsInvesco QQQSchwab-----Subscribe to podcast updatesThe Truth About Your Future websiteThe Truth About CryptoHave a question for Ric?Follow Ric on social media:FacebookTwitterYouTubeInstagramDisclosure page
Released:
Feb 3, 2023
Format:
Podcast episode
Titles in the series (100)
The state of the market by THE TRUTH ABOUT YOUR FUTURE with Ric Edelman