Every week we learn about a new governing body in china. This was an unfair advantage over its rivals, he says. There's no recourse here for these companies. The recourse is, if you don't do it, you go to jail and get re educated. And i think that makes ita very untenable for investors from around the world who've been coveting Chinese markets. He adds: 'All of a sudden, queens are stronger than aces'
Jason covers China reigning in big tech (2:03), Tesla’s incredible Q2 earnings crossing $1B in profit (25:30), a $300M market movement from Tether to USDC (33:24), and gives a breakdown of a Binance Crypto Pump Telegram group (37:43).