Senator Running An Anti-Crypto Re-Election Campaign
Senator Elizabeth is evidently gearing up for her re-election campaign to the US Senate.
In this video I discuss how Warren is taking an anti-crypto stance. Is this a smart move? The reality is that it is bringing crypto into the election.
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That's too bad there is so much resistance and push back against crypto instead of embracing the technology and making use of it. By doing so will only leave early or other adopters reap the most rewards in the end imo.
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Is it ignnorance or control? There is no way Warren is concerned about protecting anyone.
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I don't think there is as much resistance against crypto as Warren makes it out to be. After all, it's just treated like a stock and I don't think it will affect the results much at all.
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She’s such a tool!
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I don't really see how running on an anti-crypto platform would attract voters. I can understand that there are probably many who don't understand cypto and/or don't invest in it. But while they may not care about it, I wouldn't think that there are that many people who actively want it banned.
I guess it would be as hte safekeeper of the system to protect her voters from drug dealers, gun runners and terrorists since that is how she portrays crypto people.
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How I wish a time will come when any politician that will go against crypto will see it as political suicide.
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A liberal in Massachuseetts is pretty safe.
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Oh yes, I missed that. I wonder if there is any State in the US that can be considered a libertarian base.
Closest thing is New Hampshire, imo, and even that is a stretch to say
Thank you! You reminded me of the article I wrote in 2013.
Oh man, 2012! That was back when i had completely given up on politics, after the Republican arm of the Deep State destroyed Dr. Ron Paul's campaign for president in 2007-2008. I remember everything coming out of the media was horrific and miserable, so i stopped paying attention. Didn't wake up until 2016 again..
The biggest problem with the entire concept of Libertarianism, is that adherents and evangelicals of the movement delusionally believe that government can be held in check and made smaller.
It can't, and it won't. Government NEVER gives up power willingly under any circumstance. See example: Canada, Australia, New Zealand, China, Russia, Ukraine, France, Germany, UK, Saudi Arabia, etc.
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I suspect that's because the old idea that restricts the power of civil government is considered dead and bigger government is the reigning ideology propagated by most intellectuals.
That is certainly a fair point to make, my friend. To me, all government is organized crime - there are no exceptions. Using the power of the mob to enforce one's personal views on others, especially with the use of coercion, is immoral and violent. This is what drew me to voluntaryism in the first place, from the formerly-anarchist point-of-view. I believe in the sole power of the individual to make their own decisions, free of control of others, and, at the same time, face the consequences of bad decisions (such as theft, murder, destruction of private property).
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Self-government is basic. The problem with the reigning ideology is that its proponents make civil government like an octopus that stifles the sovereignty of other spheres of life (such as science, art, agriculture, industry, commerce, family, human relationships, etc.). It is as if they think that the civil government is the only tree in the forest.
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These legacy politicians are just going to shoot themselves in the foot. Like you said, they are insignificant and really have no true power, they want us to think they do, but the house of cards is coming down.
We just need to build around them.
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I guess that's one way to get attention for Crypto and Web 3.0. Maybe people will look into it more because they'll wonder why she is protesting it.
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Summary:
In this video, the speaker discusses Senator Elizabeth Warren's decision to base her reelection campaign on being anti-crypto. He reflects on the possible implications of politicians running campaigns that involve either supporting or attacking cryptocurrencies in the upcoming political landscape. The speaker delves into the concept of a monetary system outside the control of central banks, commercial banks, and governments, drawing parallels to the Eurodollar system. He argues that the evolving financial landscape may render politicians' opinions inconsequential. The talk transitions to the potential role of cryptocurrencies, stablecoins, and other financial products in funding development and changing economic models. The speaker critiques the actions of central banks, governments, and regulatory bodies, emphasizing the need to build resilient financial systems despite their influence.
Detailed Article:
The video starts with the speaker addressing Senator Elizabeth Warren's electoral strategy centered around being anti-crypto. He acknowledges the political significance of cryptocurrency in the upcoming 2024 elections, indicating a growing divide on the subject within the political sphere. Despite not passing judgment on the strategic value of this approach, the speaker observes that crypto may become a prominent political topic in the near future.
The speaker then shifts the focus to a broader discussion on monetary and financial systems constructed independently of conventional banking institutions and governmental control. He references the Eurodollar system as a model that operates outside the traditional banking framework. By highlighting the limitations of politicians' impact on such financial systems, the speaker suggests that the evolving landscape may diminish the political clout in shaping monetary policies.
Further, the discussion steers towards the potential role of cryptocurrencies, stablecoins, and innovative financial projects in revolutionizing funding mechanisms and facilitating extensive development. The speaker mentions the concept of money creation, stablecoins, network effects, derivatives, lending platforms, and the creation of various financial products as avenues for substantial progress and growth in the financial sector.
Critiquing the actions of central banks, governments, and regulatory authorities, the speaker emphasizes the need for a resilient and independent financial ecosystem that can withstand external pressures. He questions the relevance and significance of political and regulatory figures like Gary Gensler in the context of building a robust financial infrastructure.
Towards the end, the speaker expresses skepticism towards the efficacy of traditional institutions like the Federal Reserve amidst evolving economic challenges and shifting paradigms. He criticizes the decision-making processes of central figures in the financial realm, stressing the importance of innovation and adaptation in the face of changing economic landscapes.
In conclusion, the speaker advocates for a forward-thinking approach that shifts focus away from the influence of political and regulatory bodies towards building independent and sustainable financial systems that can thrive despite external disruptions.
Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.