Government Just Flipped on Crypto | HUGE CHANGES

Government Just Flipped on Crypto | HUGE CHANGES



New Crypto Laws. Crypto Regulation.
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2 trillion dollars. That’s how much wealth was wiped out by the recent crypto crashes. Luna, Celsius, Voyager… we’ve seen them all… and so did the regulators.

That’s why all throughout the world, crypto laws are being discussed and voted on. They’re setting up licenses, limitations, and I’m sure loopholes..

But in this something concerns me… these laws are just proposals and we’re still far away from any formal decision. What’s the reason for this delay? Should we expect something bad…? Nietzsche said time is circular and history repeats itself, and that’s certainly true, at least for finance.

So with all of this talk about the crypto crash, recession, will the us government add the cherry on top with new crypto regulation?

Crypto Laws
New Laws
Crypto Regulation
Crypto Taxes

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*I am not a financial advisor. This is not financial advice. Some of the above links may be affiliate links*

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About the Author: Daryl Austman

47 Comments

  1. Good video that takes a deep dive into crypto regulation. I'm more of a Michael Saylor devotee' who tends to get it right most of the time. He believes 99% of the cryptos out there will die from natural causes. Cryptos that are fraudulent in nature will be the first to go. I think we see that happening right now. Not good for adoption as it reinforces the belief cryptos are financial sink holes. Despite what regulation is coming down, if you don't have the right cryptos then it doesn't matter. People will appreciate them more as they achieve functionality over fiat and as a preservative tool of wealth. Still there are so many ways to screw this up it boggles my mind.

  2. hmm, crypto regulation will benefit the government, not the people. here are 3 reasons why.

    1.If there were a fed coin. The government would have trillions of dollars into it from the start, so any one buying this coin would only make the government's wallet grow larger.

    2. Even if everyone sold, the government would be the only one who wouldn't loose money, because again they started the coin and had their shares in first. They would be left with what they started with.

    3. The coin would be worth so much, this would completely destroy the volatility of the coin making it more like a stock with far, far slower gains. Again keeping the money out of the public's hands. Not to mention they would ban all non-government coins.

    This the governments way of getting their hands in on more money. Not to help us. Don't be fooled. If you are scared of loosing money with crypto, then only buy what you are comfortable with and be patient. If you are down, wait a year or two until it goes back up.

  3. I wasn't involved in none of those. They were obvious stupid investment moves if you DYOR…Also, if Senator Warren isn't ready to kickstart an FDIC insurance for crypto then she should take her crypto losses like a champ

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  5. You wanna know the only people that hate and don’t care about roles feeds crooks people that don’t want to pay taxes people that want everything for free people that don’t wanna work in life the lives can go on and on and on I want those laws to protect my assets from not being lost again a $15,000 loss is a lot of money and if somebody steal my money from a bank, guess what the bank gives me my money back that’s the way the crypto services need to be, but no, when somebody takes your money from from them, or they go bankrupt, you lose your money and you don’t get it back. The only people that get it back is the one percent of the super rich people that invested in it. They’ll get practically all the money back them before anybody with less so again yes they need walls you like them or not.

  6. But yeah, for the texting thing I got $20 million in cripple. You’re damn right I’m gonna pay the taxes on it because I’m not a sorry pathetic person, trying to avoid paying taxes. I’m gonna complain about the laws and everything that they’re there to protect you. Sorry I lost $15,000 to Voyager because they decided they’re gonna fucking crash their systems and then they’re trying to say some of us thousands of dollars, after taking all our money, so yes, they need to put laws in place over this look at all the millions of dollars that kill Luna lost people because that guy didn’t want to run the business properly and use it as a Ponzi scheme

  7. I don’t know why you guys are crying. These laws are to defend. Everybody look what happened when you don’t got laws in the place, and these places go under your lose thousands of dollars and you don’t get your shit back closer to protect everybody you’re just trying to do this to avoid paying taxes and you’re getting butt hurt that these laws are gonna make you pay taxes instead of cheating a system with your taxes are used to pay roads in infrastructure start, trying to cheat the system the benefits yourself

  8. Hopefully one day you can cover a full topic of the Ripple v SEC. I think this case will be a very important case in crypto space, and perhaps even the corruption in SEC.

  9. We keep listening and seeing different investment reports and advice from different video creators but they have all failed to tell us What's causing the crash and will it ever get better?

  10. I try very hard to listen to the other side. Even when you boasted Warren and Gary i kept listening. I realized at the very end that that this was just a left wing sales pitch. Thanks for waisting 15 minutes of my time.

  11. After the shitstorm our leaders have gotten us into now, I don't want them to have anything to do with my crypto. The only reason I got involved in crypto is because it was supposed to stay decentralized but now the government wants to tax cryto when we buy it, exchange it, sell it, or just hold it. Fuck if I haven't had enough of our greedy politicians fucking everything up yet still raising and creating more taxes to clean up their mess. And they never learn. They just keep using us up.

  12. Any time the government gets involved in anything all they do is ruin it. Don't forget the reason bitcoin exists is because they drop the ball in 2008. They don't like that we can make money like them. Thats why they have the PDT rule and accredited investor status. They need to f off and leave crypto alone

  13. Max your videos are paced perfectly, have genuinely helpful information backed by obv good research, and you don’t clickbait like half the finance YT space these days. Love it, keep it up

  14. Bitcoin = Commodity, true decentralization, max supply can never change beyond 21 million, no centralized management calling all the shots. Yes makes perfect sense. So that makes other cryptos with heavy handed management in the category of a security, similar to stocks and bonds, yeah that makes sense. Perhaps some cryptos will need to refine their current way of doing things so they can fit into the commodity category. If it's advantageous I expect to see changes coming soon. Great video, informative and to the point! Refreshing… thanks ❤️👍

  15. I like you Max, but you're a naive mush head when it comes to the central banks. JP Morgan stepped up and saved the day 🤣
    How about
    PROBLEM
    REACTION
    SOLUTION
    those assholes created the problem, to eventually get the FED. A number of banking families with a slice of the pie. I'm pretty sure JPM had his slice, Rothschilds, etc etc.

  16. No what we truly learned is the fact this all started going on when government found they where FKED when printed money and giving to every country but their own, Fking the tax payers and now looking for new ways to steal more tax payers money. The whole idea of crypto was to get away from the dollar bill. Keep what's truly yours instead of feeding and supplying every damn terrorist country out there. Idk about anyone else but when I personally helped supply 84+ billion in military equipment to terrorist and leaving my country men behind for any child bride terrorist to come here that was my limit. Look list goes on and on with gov stealing our funds right down to freezing accounts busting into safety dep boxes and so forth. True there are hackers out there but GOV IS BIGGEST HACK OF ALL.

    P.s who's to say these hacks are not cough planned by a bigger …… Than a regular hacker for a agenda. Nothing shocks me any longer.

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