Bitcoin & Markets Crypto Scammers Gaslight about SEC Clarity - Daily Live from 4/19/23 | E344
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This episode was recorded on April 19, 2023. The original full live stream can be seen here: https://youtu.be/wG9OVGpIVWA. In this one, I react to Gary Gensler in front of Congress, discuss Chinese debt to GDP vs other economies, and the possibility of a rotation back into equities for the remainder of the year.
You've probably seen the Gensler videos, but I link them below. The main through-line of my reaction is that it is a lie that there is no clarity on the question of altcoins being unregistered securities, it is just that the purveyor of those securities don't want to accept it. Bitcoiners have clearly stated why for years and now the SEC is going after people. That's all that needs to be said, it is pretty common sense.
The lack of clarity, or uncertainty, out there in the market is from the gaslighting of purveyors of those unregistered securities.
Next, I discuss the Chinese debt to GDP nightmare. It is simply astonishing the level to which China is built on a house of cards.
Lastly, I talk about the market in general being overweight bonds relative to equities, and if we don't get the massive crisis recession everyone is expecting soon, we could see the rotation back into equities. Enjoy.
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